$850,000

Estimated payment $5,245/month

-- Bed
-- Bath
2,176 Sq Ft
$391 Price per Sq Ft

Highlights

  • Corner Lot
  • Walk-in Shower
  • Property is in very good condition
  • Ceramic Tile Flooring
  • Electric Baseboard Heater
  • 3-minute walk to Julian Abele Park

About This Home

Don’t miss this exceptional mixed-use property located in a high-demand area of Philadelphia, just minutes from the University of Pennsylvania, Drexel University, 30th Street Station, and Route 76. This versatile building features a fully operational convenience/vape store on the ground level and two updated residential units above—ideal for investors or owner-occupants seeking income potential.The ground-floor commercial space is occupied by a long-term tenant on a month-to-month lease, offering immediate rental income with flexibility for future use.Upstairs, you’ll find two vacant and move-in ready residential units:Second Floor Unit: 2 bedrooms, 1 bathroomThird Floor Unit: 1 bedroom, 1 bathroomBoth units boast tile flooring, recently updated kitchens and bathrooms, and impressive city views, making them highly attractive to prospective tenants or buyers.With its central location and strong rental potential, this property presents a fantastic opportunity for steady cash flow and long-term appreciation. Whether you're an investor looking to expand your portfolio or a buyer seeking a live/work setup, this property checks all the boxes.

Last Listed By

William Waldman

Keller Williams Real Estate-Montgomeryville License #RM423728 Listed on: 05/29/2025

Keller Williams Real Estate-Montgomeryville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,808

Year Built

  • Built in 1915

Lot Details

  • 970 Sq Ft Lot
  • Lot Dimensions are 17.00 x 57.00
  • Corner Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • Walk-in Shower
  • 2,176 Sq Ft Home
  • Ceramic Tile Flooring

Kitchen

  • Electric Oven or Range
  • Range Hood

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 368
  • Assessor Parcel Number 871540340

Community Details

Overview

  • 3 Units
  • 3-Story Building

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,808

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Over Storefront
  • Ownership: Fee Simple
  • Exclusions: All fixtures and personal property in the first floor store.
  • Inclusions: Refrigerator in each apartment
  • New Construction: No
  • Year Built: 1915
  • Remarks Public: Don’t miss this exceptional mixed-use property located in a high-demand area of Philadelphia, just minutes from the University of Pennsylvania, Drexel University, 30th Street Station, and Route 76. This versatile building features a fully operational convenience/vape store on the ground level and two updated residential units above—ideal for investors or owner-occupants seeking income potential. The ground-floor commercial space is occupied by a long-term tenant on a month-to-month lease, offering immediate rental income with flexibility for future use. Upstairs, you’ll find two vacant and move-in ready residential units: Second Floor Unit: 2 bedrooms, 1 bathroom Third Floor Unit: 1 bedroom, 1 bathroom Both units boast tile flooring, recently updated kitchens and bathrooms, and impressive city views, making them highly attractive to prospective tenants or buyers. With its central location and strong rental potential, this property presents a fantastic opportunity for steady cash flow and long-term appreciation. Whether you're an investor looking to expand your portfolio or a buyer seeking a live/work setup, this property checks all the boxes.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Electric, Range Hood, Refrigerator
  • Flooring Type: Ceramic Tile
  • Interior Amenities: Flat, Bathroom - Stall Shower
  • Fireplace: No
  • Room Count: 9
  • Total Sq Ft: 2176
  • Living Area Sq Ft: 2176
  • Price Per Sq Ft: 390.62
  • Above Grade Finished Sq Ft: 2176
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 755

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Brick
  • Roof: Flat
  • 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
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: S50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 17.00 x 57.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 970.00
  • Property Condition: Very Good
  • Year Assessed: 2025
  • Zoning: RM1

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • School Tax: 4933.00
  • Tax Annual Amount: 8808.00
  • Assessor Parcel Number: 871540340
  • Tax Lot: 368
  • Tax Total Finished Sq Ft: 2176
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 2
  • Other Units: Unit 1,Unit 2,Unit 3

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,128 $629,300 $125,860 $503,440
2024 $10,128 $629,300 $125,860 $503,440
2023 $10,128 $723,500 $144,700 $578,800
2022 $7,537 $723,500 $144,700 $578,800
2021 $7,537 $0 $0 $0
2020 $7,537 $0 $0 $0
2019 $7,462 $0 $0 $0
2018 $7,245 $0 $0 $0
2017 $7,402 $0 $0 $0
2016 $7,402 $0 $0 $0
2015 $7,086 $0 $0 $0
2014 -- $528,800 $31,853 $496,947
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $850,000 -- $391 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Deed $37,862 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $116,250 Commercial
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2487972

Bright MLS

APN: 871540340