$389,900

Estimated payment $2,292/month

Total Views 4,690
-- Bed
-- Bath
3,753 Sq Ft
$104 Price per Sq Ft

Highlights

  • City View
  • Corner Lot
  • Radiator

About This Home

Prime Investment Opportunity – Mixed-Use Property with Significant Upside
This 3,753 sq. ft., three-story mixed-use property presents an exceptional opportunity for the serious investor. Currently configured with one commercial unit on the first floor and three residential apartments above, this property offers immediate redevelopment potential and strong long-term value.
Property Highlights:
Zoned for multiple units with versatile configuration options
Spacious second and third floors capable of being reconfigured into three residential units per floor
First-floor layout can accommodate one or two commercial spaces
Blank-canvas property ideal for investors seeking strategic rehabilitation and value creation
Previous ground-floor business ceased operations in 2020 due to COVID
Motivated seller ready for retirement, providing an advantageous buying opportunity
This property is perfect for investors and developers looking to maximize rental income or reimagine a mixed-use space. Schedule a viewing with your contractor today to explore the full potential of this rare investment opportunity—properties of this caliber rarely remain on the market for long.

Listing Agent

Daniel Loza

(215) 900-1722 info@legalrealestate.us Legal Real Estate LLC License #0785119 Listed on: 02/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,792

Year Built

  • Built in 1915

Lot Details

  • 2,284 Sq Ft Lot
  • Lot Dimensions are 97.00 x 59.00
  • Corner Lot
  • Level Lot
  • Property is in below average condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Fixer Upper
  • Converted Dwelling
  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Masonry

Interior Spaces

  • 3,753 Sq Ft Home
  • City Views
  • Basement Fills Entire Space Under The House
  • Window Bars

Utilities

  • Radiator
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 871600550

Community Details

Overview

  • 4 Units
  • 3-Story Building
  • Mt Airy Subdivision

Building Details

  • 4 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,792

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Over Storefront
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: All equipment in the first floor commercial unit for Laundromat operation. Seller is not cleaning out building or making any repairs.
  • New Construction: No
  • Year Built: 1915
  • Remarks Public: Prime Investment Opportunity – Mixed-Use Property with Significant Upside This 3,753 sq. ft., three-story mixed-use property presents an exceptional opportunity for the serious investor. Currently configured with one commercial unit on the first floor and three residential apartments above, this property offers immediate redevelopment potential and strong long-term value. Property Highlights: Zoned for multiple units with versatile configuration options Spacious second and third floors capable of being reconfigured into three residential units per floor First-floor layout can accommodate one or two commercial spaces Blank-canvas property ideal for investors seeking strategic rehabilitation and value creation Previous ground-floor business ceased operations in 2020 due to COVID Motivated seller ready for retirement, providing an advantageous buying opportunity This property is perfect for investors and developers looking to maximize rental income or reimagine a mixed-use space. Schedule a viewing with your contractor today to explore the full potential of this rare investment opportunity—properties of this caliber rarely remain on the market for long.
  • Special Features: None

Interior Features

  • Foundation Details: Brick/Mortar, Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3753
  • Living Area Sq Ft: 3753
  • Price Per Sq Ft: 103.89
  • Above Grade Finished Sq Ft: 3753
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 6190

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Brick
  • Road Surface Type: Black Top
  • Roof: Flat
  • View: City, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Window Grills
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Phone Available, Water Available, Sewer Available, Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: 3rd Party

Lot Info

  • Land Use Code: Y50
  • Lot Features: Level
  • Lot Size Acres: 0.05
  • Lot Dimensions: 97.00 x 59.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2284.00
  • Property Condition: Major Rehab Needed, Below Average
  • Soil Types: Unknown, Urban Land Not Rated
  • Year Assessed: 2025
  • Zoning: CMX1
  • Zoning Description: Ofc/Store w/ Apt, 3 Sty, Masonry

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 1563.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2792.00
  • Assessor Parcel Number: 871600550
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 4
  • Single Room Units Count: 1

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2025 08/24/25 Price Changed $389,900 -4.9% $104 / Sq Ft
02/24/2025 02/24/25 For Sale $409,900 -- $109 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: PAPH2449082

Bright MLS