Description
Excellent opportunity to own a newly renovated, fully occupied mixed-use property featuring a first-floor commercial unit and three residential apartments above. The commercial space is currently occupied by a long-term dance studio tenant with interest in negotiating a long-term lease. The residential units consist of three one-bedroom, one-bath apartments, all upgraded with white cabinetry, quartz countertops, stainless steel appliances, gray vinyl flooring, recessed lighting and in-unit washer and dryer. Central HVAC serves the entire building. Parking is available for rent across the street. Ideally located near the Broad Street Line and within walking distance to Passyunk Avenue. Property generates $74,100 in gross annual rental income. Tenants pay all utilities, and leases include a $50 monthly annual rent increase upon renewal. Leases available upon request.
Location
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Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 24th April, 2026 11:46 PM (UTC)
Listing Agent: Erik Lemons
Listing Office: EXIT Elevate Realty
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