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Jonathan Granlund

jongranlund10@gmail.com +1(703) 537-6747

Listed by Marisa Mango • Mango & August Inc

$797,000

Est. payment - /mo

1,600 Sqft Lot

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Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2557106

Year Built 1920

Annual Tax Amount $3,344

Tax Year 2025

Lot Size 1,600 Sqft

Acres 0.04

Lot Dimensions 20.00 x 80.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Exceptional opportunity to acquire a robust mixed use property strategically positioned on a highly visible busy corner street. This property has the potential to offer immediate diversified cash flow and stability with a dynamic blend of commercial and residential units. The first floor features and expansive commercial space, ideal for retail or professional services, benefiting from significant foot and vehicle traffic. The upper floors comprise 4 desirable residential units: 2 spacious studio apartments and 2 comfortable 1 bedroom apartments. These studio apartments rent for $650 each + utilities, the two 1 bedroom apartments rent for $850 and $950. The electric is separate in the building, the owner pays for the water, and the commercial space offers central a/c unit. All leases are month to month, one of the one bedroom apartments is rented to a family member with no rent.

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning CMX2

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer No Septic System

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871054000

Ownership Fee Simple

Special Listing Condition Standard

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Nearby Locations

"Jon's passion for real estate and his love for Virginia are a perfect match. He has made it his mission to help local residents sell their homes quickly and at the best possible prices. Equally, he takes immense pride in assisting homebuyers in finding their perfect piece of paradise in Virginia."

+1(703) 537-6747

jongranlund10@gmail.com

1765 Greensboro Station Pl, McLean, VA 22102

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5853 MARKET ST Philadelphia, PA 19139