UPDATED:
11/18/2024 04:06 AM
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,261 sqft
Price per Sqft $367
MLS Listing ID PAPH2417024
Style Other
Abv Grd Liv Area 3,261
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $3,815
Tax Year 2024
Lot Size 1,529 Sqft
Acres 0.04
Lot Dimensions 11.00 x 46.00
Property Description
This fully renovated, mixed-use building presents an outstanding investment opportunity in the heart of one of Philadelphia’s most sought-after neighborhoods. Featuring three freshly renovated modern apartments—two 1-bedroom, 1-bath units and one spacious 2-bedroom, 1-bath unit—this property offers a combination of attractive residential living spaces and a thriving commercial space. The ground-floor deli is fully operational and adds a strong, stable revenue stream to the building’s cash flow. Together, the property generates $12,000+ in monthly income.
Located just a short walk from Manayunk’s vibrant Main Street, this building is ideally situated to take advantage of the neighborhood’s rich culture and growing appeal. Main Street offers a variety of restaurants, cafes, boutiques, and art galleries, providing a dynamic and walkable environment. Additionally, residents and tenants have easy access to the scenic Schuylkill River Trail, perfect for biking, jogging, or simply enjoying the outdoors.
Manayunk’s prime location provides convenient access to Center City Philadelphia, major highways, and popular neighboring areas like the Main Line, Conshohocken, and King of Prussia, making it an ideal choice for both commuters and those seeking a more laid-back, community-oriented lifestyle. The neighborhood has experienced significant revitalization in recent years, with a growing number of young professionals, families, and investors flocking to the area, driving up demand for housing and commercial space.
With its mix of residential and commercial space, fully stabilized income, and a location that offers both modern amenities and a strong sense of community, this property is a rare and exciting opportunity for investors seeking long-term growth potential in one of Philadelphia's most desirable areas.
Location
State PA
County Philadelphia
Area 19127 (19127)
Zoning CMX2
Interior
Hot Water Other
Heating Forced Air
Cooling Central A/C
Flooring Luxury Vinyl Plank
Fireplace N
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Waterfront N
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 4
Garage N
Building
Foundation Permanent
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871402260
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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