Prime mixed-use investment opportunity in the heart of Northern Liberties, just steps from 2nd Street and the Girard Avenue commercial corridor. This fully occupied CMX-3 property generates $3,875 per month, or $46,500 in annual gross rental income. The street-level commercial unit is occupied by an established barbershop paying $1,650 per month through April 26, 2027 and includes a restroom, office and additional finished basement space. Above is a spacious two-bedroom, one-and-a-half-bath apartment leased for $2,225 per month through April 30, 2027. The residential unit features an open-concept layout, exposed brick, recessed lighting, updated flooring, a large kitchen with stainless-steel appliances, in-unit laundry and a private rear deck. Located in one of Philadelphia's most active neighborhoods, surrounded by restaurants, retail, public transportation and continued development. An excellent opportunity to acquire a stabilized, income-producing mixed-use property with strong existing cash flow and future upside.
| MLS # | PAPH2672252 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1905 |
| Days On Site | 43 |
| Listing Provided By | KW Empower | Carlos Masip |
| Basement | Y |
|---|---|
| Units | 2 |
| Zoning | CMX3 |
| Acreage | 0.02 |
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Construction Materials | Masonry |
|---|---|
| Foundation Details | Brick/Mortar |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 2746 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19123 |
| Area | 19123 (19123) |
| Community Name | OLDE KENSINGTON |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in OLDE KENSINGTON) | |
Price: $725,000 low | high Med: $282,500 On site: 43 low | high Med: 821 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19123 |
| Area | 19123 (19123) |
| Community Name | OLDE KENSINGTON |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in OLDE KENSINGTON) | |
Price: $725,000 low | high Med: $282,500 On site: 43 low | high Med: 821 | |