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Philadelphia,PA 19104
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,048 sqft
Price per Sqft $129
MLS Listing ID PAPH2514354
Year Built 1920
Annual Tax Amount $5,467
Tax Year 2024
Lot Size 2,825 Sqft
Acres 0.06
Lot Dimensions 25.00 x 113.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Investor Opportunity 5 Unit Property with CMX1 Zoning & Development Upside... Unlock the potential of this detached 3-story building offering a strong value-added opportunity for investors or owner-occupants looking to expand their portfolio. Currently configured as five total units: two efficiencies on the third floor, two 2-bedroom units on the second floor, and a 3-bedroom unit on the first floor.
Recent updates include a new roof 2025, with additional space for your finishing touches and creative vision. Zoned CMX1, the first-floor unit, offers flexibility for potential office or retail conversion in line with current zoning allowances, ideal for those looking to blend residential with commercial use. Located in a rapidly developing area, this property is surrounded by growth. Of special note, the adjacent lots are under contract and approved for a residential 29-unit development, signaling strong upward momentum for the neighborhood. Prime location—just minutes from Fairmount Park, the Philadelphia Zoo, University City, the Art Museum, Center City and major roadways—making it attractive for both renters and future commercial tenants. Whether you're a buy-and-hold investor, developer, or business owner, this property presents a rare combination of location, zoning flexibility, and long-term upside.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning CMX1
Interior
Hot Water Natural Gas
Heating Forced Air,Hot Water,Radiator
Cooling None
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Water Access N
Roof Type Rubber
Accessibility None
Total Parking Spaces 4
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Overbrook
School District Philadelphia City
Others
Tax ID 243221800
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard