Investment opportunity! 1070 N Front Street is a fully renovated mixed use property in Northern Liberties. The first-floor commercial space offers a separate entrance, a full basement, and tons of potential for business owners! Unit A offers one bed, one bath, spacious living room with hardwood laminate floors throughout. Unit B offers two sizable bedrooms and a ceramic hall bath. Each kitchen is equipped with stainless steel appliances, tile backsplash, and quartz countertops. Separate electric. Refrigerator, washer, and dryer included. Easy to show!
Presenting 1068 North Front Street. New Construction mixed use building located in desirable Northern Liberties. This building offers a first floor commercial space and three residential units. Unit One is a spacious bi-level unit with 1 bedroom, 1 1/2 baths, and tons of sunlight. Unit Two has two large bedrooms, 2 full baths, with contemporary finishes throughout. Unit Three has two sizable bedrooms, two ceramic baths, and a private balcony. Excellent location! Convenient to public transportation, and vibrant nightlife. Walking distance to the Piazza, The Fillmore, and tons of great restaurants.
Calling all seasoned turnkey investors! A large fully occupied, permitted and licensed 6-unit property boasting $7860 in monthly rents and 8% cap rate is now available. This property features ample street parking, front porch, side yards and rear patio on the exterior. On the interior, sprinklers, separate utilities, updated kitchens, updated bathrooms, fully functional floor plans and spacious bedrooms with tons of closet space. And finally, its conveniently located on Temple University's Medical Campus, surrounded by large capital investment and is close to all transportation including but not limited buses, subways, the Roosevelt Boulevard, 76 and 95 making your commute in and out of the city a breeze. So what are you waiting for? Hurry because this opportunity wont last!!
Large 4 story building with over 4,000 square footage. Multifamily housing with 2 commercial spaces. Commercial space is currently being used as a daycare ($1800/month) and the other, as Auto Tag Service ($900/month). Renovations have been started on the residential units. They are not occupied. This property has been approved for 7 units. Seven new water heaters have been installed. Please bring a flashlight and wear appropriate shoes. See photos. Agent must accompany potential buyers. Property is being sold AS IS.
Invest in your future with this pair of fully occupied, cash-flowing triplexes in the popular Bella Vista/Italian Market neighborhoods. The owners are ready to retire and pass on their success to you. This listing reflects the price/data for 819 & 1182 S 11th Street- 6 total units in 2 triplexes. With a 99% occupancy rate spanning 3 to 17 years, make your first investment an âeasy win,â or add another solid multi-family building(s) to your portfolio. Either way- itâs a win. The tenants are happy, love the location, and are paying near or at-market rents, so you donât have to worry about making dramatic changes after you buy. Plus, thereâs potential to increase your earnings by renting out additional storage in the basements to the tenants or someone local who needs extra storage space (or use it for yourself!). You can also do some modest upgrades in 819 when units turnover and increase the rents year after year. Each tenant in each unit pays for their gas and electric (separate utilities & mechanicals- yea!). The landlord only pays for water and common electric. All units have the required sprinkler systems, are legal triplexes, and have active rental licenses and Lead-Safe Certificates from the city. Details about the buildings: 819 S 11th: Gross rent is $4500/mo for two 2-bed/1-bath flats and one 1-bed/1-bath flat. The first floor has outdoor space and access to an extra basement room that is finished, plus exclusive access to the unfinished portion of the basement. Bilco access to the basement is temporarily closed shut but could be accessed if needed down the road. Each unit has in-unit laundry. Tenants use window units for cooling. 1182 S 11th: Gross rent is $5700/mo for two 2-bed/2 bath flats and one 1-bed/1bath flat. The third floor has a private roof deck, and all units have central air and in-unit laundry. The basement is available for your use or an opportunity to add value by providing additional storage for the tenants. The opportunity here is perfect- cash flow right out of the gate, and plan to make strategic value-adds along the way to increase your profit!
Great investment opportunity in SW Philadelphia! Own this unique large Mixed-Use CORNER storefront with one very spacious apartment unit upstairs in the heart of Southwest Philadelphia! Take Advantage of the opportunity before it's gone! Commercial Store Front has a Half Bathroom. The second-floor unit consists of 2 bedrooms & 2 bathrooms. ! Septa bus/trolley stops & public transportation are easily accessible in the area! Close to supermarkets, stores, gyms, restaurants, and parks, and minutes from Penrose Plaza Shopping Center! Easy access to all major highways! Minutes away from Philadelphia's International Airport, Philadelphia's Auto Mall, Drexel Univ., University of the Sciences, University of Pennsylvania, Center City, Sports Complex, Xfinity Live Entertainment & Penns Landing!
The subject property is a 6,130 square foot building previously used as an office. There are two restrooms in the building. The foundation is primarily slab with a small masonry unfinished basement for storage. The improvements are near the end of their effective life. Significant capital improvements would be necessary. “Property sold "As-is". Buyer and/or buyer's agent responsible for verifying all pertinent information deemed relevant by the prospective buyer, including but not limited to square footage, acreage, utilities, taxes, zoning, permitting, condition, school zones, HOAs, etc.”
Snap up this incredible fully occupied, cash flowing portfolio. $4,500,000 includes three self-sufficient buildings comprised of 22 units total. Two are identical, 5 year old, 8-unit buildings, one is a 2 year old 6-unit building. Total gross annual rental income is $405,540. 1918-20 E Cumberland and 1917-1921 E Letterly St. are each 7,200 SF with 5 years of full tax abatement remaining. Annual taxes are based on land value only until the abatement ends. Expenses include taxes, rental licenses, private trash removal, fire suppression, common area cleaning, whole house electric meter, and insurance. The apartments are 1, 2, and 3 bedrooms. There is a bathroom for every bedroom. The 3-BR units (there are 3) have 3 bathrooms, the 2-BR units (there are 3) have 2 bathrooms. The 1-BR units (there are 2), of course, have 1 bathroom. Each unit has over-sized windows, hardwood floors, custom made cabinets and private, in unit laundry facilities. The building is all electric (no gas). Tenants are billed for electricity, water, and any renewals will be billed for private trash removal. Each unit was hard wired for cable during construction. East Kensington is a neighborhood bordering Olde Richmond, Fishtown, and Norris Square. Along Frankford Avenue and tucked into the neighborhood are amenities such as: curated vintage stores, hip boutiques, wellness and fitness studios, salons, restaurants, bars, breweries, and friendly coffee shops. Proximity to the Market-Frankford line, several bus lines, I-95 exits make it easy for residents and commuters to get in and out of town. 10 MORE REASONS TO BUY THIS MULTI-UNIT NOW: 1! Construction costs are at an all-time high. According to a report on construction cost data tracking firm Gordian, cost of materials jumped an average of 19% since 2020. This property is cheaper to buy than to build. 2! The housing shortage. According to U.S. News, after hitting a 30-year high in December 2021, permit issuances for single-family homes declined steadily at an average drop of over 50%/year. 3! This location is experiencing rapid growth. Multifamily construction permits shot up to a 30-year high in December 2021. By April 2023, that figure plunged 75%. 4! Thereâs a tunicate on supply of single-family homes. The existing inventory, and the inventory currently under construction may be everything available to priced-out-buyers and new residents for some time. 5! Affordability. Philadelphia Magazine reported that 95% of all newly constructed Greater Center City units in 2021 were apartments, not homes. Multifamily housing construction is being driven by strong demand for rental apartments due to high borrowing costs. 6! New rentals large enough for families are rare. The perpetual single-family home shortage in Philadelphia is steadily getting worse, increasing the demand for high quality, and larger rental units. 7! Itâs 4 years old and 100% to code. 8! Tax Abatement! 9! Fully occupied at market rates. 10! All licenses, zoning, expenses and leases are fully documented.
Snap up this incredible fully occupied, cash flowing portfolio. $4,500,000 includes three self-sufficient buildings comprised of 22 units total. Two are identical, 5 year old, 8-unit buildings, one is a 2 year old 6-unit building. Total gross annual rental income is $405,540. 1918-20 E Cumberland and 1917-1921 E Letterly St. are each 7,200 SF with 5 years of full tax abatement remaining. 1842 E Harold St is comprised of six, unique bi-level units. Each includes its own private outdoor space, hardwood floors, in-unit laundry, and a bathroom for every bedroom. Each unit has its own individual security system, and the building has a high-tech camera system for buzzing in guests. Located in the East Kensington section of Fishtown, easily accessible by the El, youâll be an easy walk to restaurants, bars, shopping, and recreation. Tenants are individually billed directly by the utility company for electric, cable and internet. Tenants are also responsible for water billed by the property manager. Connecting the individual unitâs security system directly to police and fire is an additional fee. Annual taxes are based on land value only until the abatement ends. Expenses include taxes, rental licenses, private trash removal, fire suppression, common area cleaning, whole house electric meter, and insurance. The apartments are 1, 2, and 3 bedrooms. There is a bathroom for every bedroom. The 3-BR units (there are 3) have 3 bathrooms, the 2-BR units (there are 3) have 2 bathrooms. The 1-BR units (there are 2), of course, have 1 bathroom. Each unit has over-sized windows, hardwood floors, custom made cabinets and private, in unit laundry facilities. The building is all electric (no gas). Tenants are billed for electricity, water, and any renewals will be billed for private trash removal. Each unit was hard wired for cable during construction. East Kensington is a neighborhood bordering Olde Richmond, Fishtown, and Norris Square. Along Frankford Avenue and tucked into the neighborhood are amenities such as: curated vintage stores, hip boutiques, wellness and fitness studios, salons, restaurants, bars, breweries, and friendly coffee shops. Proximity to the Market-Frankford line, several bus lines, I-95 exits make it easy for residents and commuters to get in and out of town. 10 MORE REASONS TO BUY THIS MULTI-UNIT NOW: 1! Construction costs are at an all-time high. According to a report on construction cost data tracking firm Gordian, cost of materials jumped an average of 19% since 2020. This property is cheaper to buy than to build. 2! The housing shortage. According to U.S. News, after hitting a 30-year high in December 2021, permit issuances for single-family homes declined steadily at an average drop of over 50%/year. 3! This location is experiencing rapid growth. Multifamily construction permits shot up to a 30-year high in December 2021. By April 2023, that figure plunged 75%. 4! Thereâs a tunicate on supply of single-family homes. The existing inventory, and the inventory currently under construction may be everything available to priced-out-buyers and new residents for some time. 5! Affordability. Philadelphia Magazine reported that 95% of all newly constructed Greater Center City units in 2021 were apartments, not homes. Multifamily housing construction is being driven by strong demand for rental apartments due to high borrowing costs. 6! New rentals large enough for families are rare. The perpetual single-family home shortage in Philadelphia is steadily getting worse, increasing the demand for high quality, and larger rental units. 7! Itâs 2 years old and 100% to code. 8! Tax Abatement! 9! Fully occupied at market rates. 10! All licenses, zoning, expenses and leases are fully documented.
Snap up this incredible fully occupied, cash flowing portfolio. $4,500,000 includes three self-sufficient buildings comprised of 22 units total. Two are identical, 5 year old, 8-unit buildings, one is a 2 year old 6-unit building. Total gross annual rental income is $405,540. 1918-20 E Cumberland and 1917-1921 E Letterly St. are each 7,200 SF with 5 years of full tax abatement remaining. Annual taxes are based on land value only until the abatement ends. Expenses include taxes, rental licenses, private trash removal, fire suppression, common area cleaning, whole house electric meter, and insurance. The apartments are 1, 2, and 3 bedrooms. There is a bathroom for every bedroom. The 3-BR units (there are 3) have 3 bathrooms, the 2-BR units (there are 3) have 2 bathrooms. The 1-BR units (there are 2), of course, have 1 bathroom. Each unit has over-sized windows, hardwood floors, custom made cabinets and private, in unit laundry facilities. The building is all electric (no gas). Tenants are billed for electricity, water, and any renewals will be billed for private trash removal. Each unit was hard wired for cable during construction. East Kensington is a neighborhood bordering Olde Richmond, Fishtown, and Norris Square. Along Frankford Avenue and tucked into the neighborhood are amenities such as: curated vintage stores, hip boutiques, wellness and fitness studios, salons, restaurants, bars, breweries, and friendly coffee shops. Proximity to the Market-Frankford line, several bus lines, I-95 exits make it easy for residents and commuters to get in and out of town. 10 MORE REASONS TO BUY THIS MULTI-UNIT NOW: 1! Construction costs are at an all-time high. According to a report on construction cost data tracking firm Gordian, cost of materials jumped an average of 19% since 2020. This property is cheaper to buy than to build. 2! The housing shortage. According to U.S. News, after hitting a 30-year high in December 2021, permit issuances for single-family homes declined steadily at an average drop of over 50%/year. 3! This location is experiencing rapid growth. Multifamily construction permits shot up to a 30-year high in December 2021. By April 2023, that figure plunged 75%. 4! Thereâs a tunicate on supply of single-family homes. The existing inventory, and the inventory currently under construction may be everything available to priced-out-buyers and new residents for some time. 5! Affordability. Philadelphia Magazine reported that 95% of all newly constructed Greater Center City units in 2021 were apartments, not homes. Multifamily housing construction is being driven by strong demand for rental apartments due to high borrowing costs. 6! New rentals large enough for families are rare. The perpetual single-family home shortage in Philadelphia is steadily getting worse, increasing the demand for high quality, and larger rental units. 7! Itâs 4 years old and 100% to code. 8! Tax Abatement! 9! Fully occupied at market rates. 10! All licenses, zoning, expenses and leases are fully documented.
Prime investment opportunity! 109 N. Orianna is a historic 3-unit building in the north side of Old City, Philadelphia - perfect for office space or residential use. Originally a cigar box factory, the building has unique character and details. It now offers a spacious and modern aesthetic ideal for creative workspaces or unique residential environments. Each unit occupies an entire floor, featuring an industrial-inspired design with high ceilings and open floor plans. Floor one is a studio layout with one full bath, one half bath and a kitchenette. Floor two has a large open common space with a full kitchen, 2 bedrooms and 2 full bathrooms. One bath is adjacent to the common area and one bath is en suite. Floor three is the largest floor plan with a large common area, sufficient for a conference table or room. There are four bedrooms / offices, 2 full baths (1 is en suite) and 1 half bath. This floor also has a recently renovated full kitchen located off the common area. The property allows for flexibility in usage with zoning approved for an additional 40 feet of building height above the roof. There is substantial potential for expansion or redevelopment. Situated on a quaint and quiet street, the building is nestled in the heart of a lively neighborhood filled with markets, small businesses, restaurants, and coffee shops. With its blend of charm, versatility, and growth potential, this property is an excellent choice for investors or business owners looking to make their mark in one of Philadelphia's most vibrant and historic areas. Donât miss the chance to explore the possibilities of this exceptional space.
Positioned at the bustling intersection of Torresdale Ave and Frankford Ave, this property offers a lucrative investment opportunity in a high-traffic location. Situated just minutes away from the I-95 Aramingo Ave exit and the Erie-Torresdale Station, convenience meets potential at this strategic locale. Seize the opportunity to invest in this prime location at the intersection of Torresdale Ave and Frankford Ave. With its strategic positioning, diverse potential, and promising growth prospects, this property offers the ideal foundation for a successful investment venture. For inquiries and further details, contact us today to unlock the full potential of this exceptional opportunity.
wonderful business opportunity in a area that is changing rapidly great commercial space with two apartment upstairs an commercial space first on first floor.seller is motivated.!!!!!!!! property needs complete renovation
This is a brick construction warehouse, concrete flooring one story garage plus office mezzanine for sale in the Frankford section of Northeast Philadelphia. Spacious 8,300 sq.ft. zoned RM1 which offers lot size of 75x110 with an open floor plan. Such an amazing commercial location just minutes from the Betsy Ross Bridge, I-95 and ideal for a business that needs storage or built-in 1st and 2nd floor offices and 2 additional rooms for extra storage space (approx.. 660 sq.ft for both offices). Height is approx.. 20 ft. with electric garage door. Property is in very good shape and in an ideal location with ample storage space. Perfect location and opportunity for a business owner, roofer, plumber, contractor or storage facility. A must-see unique property with tremendous possibility. 75 x 110 approx. 8,300 sq.ft. with electric garage door opening (12x20 approx.) concrete floor all brick construction front glass block decorative windows 2 large storage rooms open floor plan radiant heat on timer (thermostat controlled).
Welcome to 2701 Poplar Street, a distinguished mixed-use property nestled in the vibrant Art Museum district of Philadelphia. This property presents a prime opportunity for both residential living and commercial enterprise. The building features a meticulously renovated two-bedroom, two-bathroom apartment, complemented by two commercial spaces on the ground floor. It is perfect for business owners who wish to live in close proximity to their workplace. On the first floor, there are two versatile commercial spaces, each with individual entrances and private bathrooms. These adaptable areas are perfect for a variety of business ventures, including boutiques, galleries, offices, or cafés. The residential space above offers an elegant blend of modern amenities and timeless appeal. The open-plan living area features rich hardwood flooring, floods of natural light, and a sleek kitchen outfitted with stainless steel appliances and granite countertops. Each spacious bedroom includes extensive closet space and an en-suite bathroom, updated with premium fixtures. Situated just moments from the lively Brewerytown shops, this location secures a constant flow of pedestrian traffic, opening a world of entrepreneurial possibilities. The property's exterior is well-maintained, with convenient access to public transport. Within walking distance to the esteemed Philadelphia Museum of Art, numerous parks, fine dining, and cultural hotspots, 2701 Poplar Street is ideally positioned for an exceptional urban experience. This property is a rare find, offering a perfect blend of luxury living and business opportunities. Don’t miss this extraordinary chance to own a versatile piece of Philadelphia’s Art Museum district. Schedule your visit today and explore the potential of 2701 Poplar Street.
Ferrante’s Meats & More is Back on the Market! Here’s your chance to own a well-established, meticulously maintained fine meats & deli with land in a high-demand, high-traffic location. Positioned near vibrant residential neighborhoods, schools, and major healthcare facilities, Ferrante’s enjoys a steady and diverse customer base of families, students, office professionals, and medical staff, creating a constant flow of patrons all day. This prime real estate offers both stability and exciting expansion potential, making it an unparalleled investment with boundless possibilities. Whether you're an investor looking for high growth potential or an entrepreneur ready to step into a profitable business, Ferrante’s offers a solid foundation with ample room to scale. Expand the popular catering service, introduce delivery options, or extend hours to meet even more demand from the surrounding community. As a turnkey operation with an impressive capitalization rate just under 30%, it’s primed for continued success and growth under new ownership. Secure this rare opportunity today! Contact us to schedule your private showing and explore how this premier location can be the cornerstone of your next successful venture. Financials available for serious buyers. Preliminary financing options are also available for qualified applicants.
A Prime Opportunity Awaits! Are you looking to step into a well-established restaurant business? This long-standing eatery, with over 20 years of serving the community, is now available for lease. The owner is retiring and offering a unique opportunity to take over this turnkey operation. Spacious Dining: Accommodate up to 80 guests in the inviting dining room. Equipped with a 20-foot hood system, 2 walk-in fre ezers, a walk-in refrigerator, and ample additional refrigeration. Utilize the finished basement for storage and workspace. Two reserved parking spaces for your convenience. A refundable deposit of $40,000 secures the high-quality equipment. If you possess the qualifications and passion to continue this culinary legacy, please schedule a viewing to experience this opportunity firsthand. Don't miss out on this golden chance to own a thriving restaurant business!
ATTENTION Investors and Builders!! Great opportunity in one of the fastest growing zip codes in Philadelphia, University City! LOCATION LOCATION LOCATION...get in now while you still can. University City is one of the fastest growing sections of the city with tons of rental demand from Drexel University, Penn University, and young professionals. The Schuylkill Yards Development is proceeding and going to double or triple values here. These 2 HUGE CORNER lots have tons of development potential. ZONED RM-1 and 55 FEET WIDE BY 115 FEET DEEP!!! 700 North 40th Street is 25 feet wide and 702 North 40th Street is 30 feet wide according to public record and both lots are 115 feet deep. With the possibility to develop 14 apartments OR MORE, this is a can't miss opportunity. Bring your offers fast, this one won't last long! Properties are being sold AS-IS!
Beautiful SOUTH BROAD STREET triplex ! First floor consists of a medical office . 2nd & 3rd floors are, 2 very well laid out 1 bedroom units, with hardwood floors throughout. All units are self contained & this building can easily generate over $50,000 a year in GROSS Rents! Opportunity & Value!
Development Site in University City: Shovel Ready Construction Project on Chestnut Street Just Off 42nd Street Eds & Meds Tenant Base: Proximity to University of Pennsylvania, Drexel University, Penn Medicine, CHOP, and University Science Center Abundant Neighborhood Amenities: Popular Cafes, Bars, Restaurants; Aldi, Acme and Grocery Outlet Access to Public Transit & Highways: Bus, Trolley, Light Rail and Regional Rail; Proximity to Interstates 76 and 676 4206-4208 Chestnut Street, a 2,754± square foot development site in the University City section of Philadelphia. Zoned CMX-4, the site offers new ownership with the opportunity to develop 23 residential units âby rightâ with a diverse unit mix to attract the growing âeds and medsâ tenant base. 4206 Chestnut features an extremely walkable location (96 Score) in the Spruce Hill section of University City. Penn Presbyterian Medical Center and the Science Center (±15-minute walk), Drexelâs Vidas Athletic Complex and Fields (±8-minute walk), and the University of Pennsylvania, Drexel University, St. Josephâs University, Penn Medicine, and the Childrenâs Hospital of Philadelphia (±25-minute walk or ±10-minute bike ride) are all in proximity. Further, SEPTAâs Market-Frankford Line is accessible via 40th Street or 46th Street Stations, and a bus stop is within steps from the site.
INTRODUCING: Owl's Nest Apartments @ Temple University. This best-in-class furnished apartment building has been renovated from top-to-bottom with excellent proximity to Philadelphia's largest university by enrollment, as well as the booming North Broad District, Fairmount and Francisville neighborhoods. With 28 units (1's, 2's and 3's) plus common amenities, Owl's Nest Apartments is poised to become a legacy asset at Temple â insulated by perennial rental demand in a high-growth / appreciating location. Located just a few blocks from Main Campus, as well as Septa's North Broad subway line, The Property boasts tremendous curb appeal and visibility. Each apartment is fully furnishedâtruly plug-and-play turnkey rentals. Amenities include study rooms, fitness center, Amazon dropbox and resident lounge. Utilities (and wifi) are included in the rent. Purchase this exceptional multifamily real estate in a Top-10 USA MSA. 10 year tax abatement (pay taxes based on assessed land value rather than improved value), low maintenance and operating costs. Enquire within for financials. Coming soon...
Gorgrously 2022 Renovated Commercial Space. Zoned for CMX-1 Commercial Space Uses. Total of 850 square ft of all ground level Space. 100% Handicap compliant. I driveway parking space in front or option for fencing for outdoor use in front of building. Unit has its own forced air heating system, new central air system. sprinkler system and security system with cameras.. Flooring is concrete. Owner is seeking office or light Commercial use tenant. New businesses are allowed. There is great opportunity for custom glass signage and possible use of shared ground level lighted sign (not included). Listing Broker has financial interest and is PA Broker.
Welcome to 2466 N Opal St, a versatile mixed-use commercial property featuring a former church space on the ground floor and a charming 2-bedroom, 1-bath residential unit above. Spanning approximately 1,380 sqft, this unique building offers endless possibilities for both business and living. The spacious commercial area is perfect for various ventures, while the upper-level apartment provides a cozy retreat with abundant natural light and a welcoming atmosphere. Ideally situated in a vibrant neighborhood, this property combines excellent visibility with residential comfort, making it a fantastic investment opportunity for those seeking to capitalize on its dual potential. Don’t miss your chance to explore this exceptional property!
The median home value in Philadelphia, PA is $265,000. This is higher than the county median home value of $223,800. The national median home value is $338,100. The average price of homes sold in Philadelphia, PA is $265,000. Approximately 47.02% of Philadelphia homes are owned, compared to 42.7% rented, while 10.28% are vacant. Philadelphia real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Philadelphia real estate agent to arrange a tour today!
Philadelphia, Pennsylvania has a population of 1,596,865. Philadelphia is less family-centric than the surrounding county with 21.3% of the households containing married families with children. The county average for households married with children is 21.3%.
The median household income in Philadelphia, Pennsylvania is $52,649. The median household income for the surrounding county is $52,649 compared to the national median of $69,021. The median age of people living in Philadelphia is 34.8 years.
The average high temperature in July is 87 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 47.2 inches per year, with 13.1 inches of snow per year.