5.125% Owner financing and Lease Purchase options available. FHA 1st time home Buyer's are eligible to purchase. This is a well maintained Triplex with by-right 1st floor Commercial potential located along the prime Northern Liberties stretch of Girard Avenue. Over 1000 brand new construction units permitted and under construction within 1 block. Steps from the bustling and trendy 2nd Street Restaurant and shopping district. 1 block from Acme Grocery and 2 blocks from the very popular Market/Frankford El which delivers passengers to City Hall in just 8 minutes. Large one bedroom/office space on first floor with rear yard access, currently rented for $1250 with Tenant ready to renew or vacate, projected rent of $1500. Large well appointed one bedroom apartment on 2nd floor currently rented for $1250 projected rent of $1400, long time steady paying Tenant would like to stay on if new Buyer wishes but is ready to vacate if needed. 3rd floor one bedroom is currently rented for $1295 through 8/2024.
Development opportunity on Frankford Ave in the heart of Fishtown! This stunning new construction property seamlessly blends classic design with modern amenities, featuring a striking brick façade, oversized windows, and a skylight that fills the interior with natural light. The buildingâs brick facade and rear siding is complete. The interior framing, roughed-in plumbing and electrical already in place, offering a head start on your custom finishes. First Floor: The ground level boasts a versatile commercial space, perfect for a retail shop, office, or studio, ensuring excellent visibility and foot traffic in this bustling neighborhood. Second Floor: Upstairs, you'll find a spacious 1-bedroom, 1.5-bath residence. This unit offers ample living space, an open-concept layout, and modern amenities, making it ideal for an owner-occupant or as a rental property. Third Floor: The top floor features a well-appointed 2-bedroom apartment, providing additional living space or rental income potential. This unit is designed for comfort and convenience, with a layout that maximizes space and natural light. Additional Highlights: The property includes a full basement, offering plenty of storage or the potential for additional finished space. Located on Frankford Ave, this property is within walking distance to Fishtownâs best dining, shopping, and entertainment. This is a rare chance to own a piece of one of Philadelphiaâs most vibrant neighborhoods, with the flexibility to tailor the interior to your specific needs. Whether you're looking for a live/work space, a multi-unit investment, or both, this property has it all. Donât miss out on this unique opportunity to create your dream space or a valuable investment property in a rapidly growing area! This property is a commercial/residential building with about 800 square feet of commercial space 2nd fl 1 BR apt and 3rd Fl 2 BR apt.
1534 S Front St is a prime mixed-use property sat on a corner lot with 3 exposures in the heart of Philly's booming Pennsport neighborhood. This +/-2700 sqft building was most recently used as a commercial restaurant on the first floor and a residential apartment upstairs. Both levels have been gutted, with the second floor taken down to the studs, creating a huge, open, and airy space that provides a blank slate with tons of opportunity. There's also an expansive finished basement perfect for storage. 1534 S Front's fantastic location earns a Walk Score of 81! It's easily accessible from nearby homes and apartments, popular shopping along Columbus Blvd, the busy Washington Ave corridor, I-95, and South Jersey. Plus, there's tons of parking across the street below the highway. Schedule your tour today!
Discover the newest commercial space on Germantown Avenue, located at the Top of the Hill. This prime location offers unparalleled visibility and accessibility, making it perfect for retail or office use. With over 1,700 square feet of display area, you'll have ample room to showcase your business. Additionally, a full lower level provides extra storage space to meet all your operational needs. This property has a rich history, having been owner-operated as a sporting goods store for over 30 years, offering a legacy of success and community recognition. This is a rare opportunity to secure a prime commercial space in a highly desirable Chestnut Hill location. Schedule your showing today!
Development opportunity.... Scenario 1: The CMX-2 property can be developed as (1) residential unit atop of ground floor commercial space. 80% coverage gets a building footprint of 16x33. The other properties are zoned for single family so they can support a similar 31-32â deep structure, used as single family. Scenario 2: If these are all one lot, then there is a split zoning scenario, whereas the most restrictive district (CMX-2 or RSA-5) controls the entire lot. So because RSA-5 would comprise at least 10% of the total lot area, the entire parcel defaults to RSA-5, single family. If you planned to do anything but single family, then youâd have to get a zoning variance. Assuming you do an RM-1 style unit calculation, then youâd be looking at a total of 9 residential units. The shallow depth of these lots would present an unconventional layout for a singular building, but again anything is possible. Scenario 3: A final option would be to combine these into larger single family lots, in which case each new lot would need to be at least 16â wide, and 960 s.f. minimum. So perhaps doing double wide lots with homes on them might make sense. Please consult your zoning attorning for further details.
Investment property only. Capital Return 6.5%. Property is leased last week. 5 year term, tenant pays all utilities. First floor is a store with powder room, small fence yard in the back, Second floor offers two bedrooms, one full bath, kitchen and dinning room. first floor has central air system, the whole house has gas boiler heat. It is good start your business on the first floor and living upstairs. Busy business section. Stop by to take a look. This subject property sell in as-is condition.
INTRODUCING: THE GRACE â named for a Philadelphia icon, Grace Kelly â this boutique new construction apartment property is nestled in the northwest hills of East Falls in Philadelphia, Pennsylvania. Nearly fully leased in its first year of occupancy, this premium turnkey multifamily asset commands an impressive streetscape presence on Midvale Avenue â the winding, bucolic avenue which runs from the top of the hill to the Schuylkill River. Located in the storybook East Falls setting with studios, 1bd and 2bd apartments, residents have access to a fully furnished fitness center on the ground floor to practice everyday health and wellness, as well as a panoramic rooftop terrace showcasing views of the lush surrounds. The Property is set back from the bustling Ridge Ave corridor and tucked into the landscape, providing a quiet respite for residents. Yet, itâs just steps from the plentiful shops, restaurants, cafes and amenities in the East Falls borough, and equally convenient to Main Street Manayunk, The Schuylkill River Trail, Septaâs regional rail station, Jefferson University, Wissahickon Valley Park, Bala Cynwyd shopping + office districts, and so much moreâjust outside of the urban core. The asset carries the benefits of a 10 year tax abatement along with minimal expenditures, in an area poised for above-average rent growth and appreciation â NW PHL. BUYER RESPONSIBLE TO VERIFY TAXES, FINANCIALS, SF IN DD. 48HR NOTICE REQUIRED TO TOUR.
INTRODUCING: 85 EAST â This 9-unit gated new construction apartment community with parking is set back peacefully off the quaint cobbles of Germantown Avenue in Philadelphiaâs historic Mount Airy neighborhood in NW PHL. It is a turnkey investment opportunity with an attractive 6% cap rate. Comprising 3 contiguous triplex buildings, 85 East features private parking and panoramic rooftop terraces for residents. Each building features two (2) 2bd x 1ba units on the 1st/2nd floors and one (1) 3bd x 2ba unit on the 3rd floor, with private access to the rooftop terrace. The interiors are outfitted with high-end finish kits including quartz countertops, LVP flooring, stainless-steel appliance packages, designer lighting and more. Bright, spacious and airy interiors provide a serene sense of calm inside the buildings. Walkable to Germantown Avenueâs commercial corridor lined with boutiques, shops, breweries, restaurants, cafes and historic structures, 85 East is connected to the fabric of Mount Airyâs eclectic lifestyle. Easy access into Center City and University City by train (3 minutes to Carpenter Station on Chestnut Hill West Septa line) or car (25 minutes to Center City), as well as suburban employment and entertainment districts. Walkable nearby amenities include: Mount Airy Tap Room, Acme, Lovett Memorial Library, Wawa, McMenaminâs, Jansen, Johnson House Historic Site, Weaverâs Way Co-op, Grocery Outlet, Young American Hard Cider and Tasting Room â as well as Wissahickon Valley Park, Chestnut Hill and Historic Germantown. 10 Year Tax Abatementâpay taxes on assessed land value rather than improvements. Minimal expenditures. High-growth rental submarket. BUYER TO VERIFY TAXES, SF, FINANCIALS IN DD.
Corner Mixed-Use QUADPLEX in a premier Girard Estates location! Residents enjoy the convenient proximity to St. Monica's School, Girard Park, local coffee shops and eateries, and various public transporation routes. This property is move-in ready but has plenty of value-add opportunities. It features (1) first floor commercial space, (2) second floor one-bedroom units, and (1) third floor larger one-bedroom unit. The commercial space was most recently used as a retail collectibles shop and previously used as a neighborhood food market. It is comprised of a large open floor plan with high ceilings and direct access to the basement for any additional storage needs. The residential units are smartly laid out with updated kitchens and baths, ample closet space, and carpeted bedrooms. Two units use radiator heat and one unit is all-electric with baseboard heating. Each unit is separately metered for gas and electric. Residential units share coin-operated laundry on the third floor along with shared access to a potential roof deck. Projected as-is income for the building is $5,000 - $5,300/mo. and more with a few select upgrades. The future of this wonderful property is now in your hands. Owner-occupant business owners can benefit from lower rate financing! Schedule your appointment and discover the potential today.
INTRODUCING: Welcome to 1601-5 Ridge â a boutique multifamily property sited at the prominent Ridge & Parrish corner intersection (at 16th Street) in the booming Francisville submarket of Philadelphia, Pennsylvania. Spanning 3 property widths with soft corner exposure, 1601-5 Ridge commands a strong presence on the Francisville streetscape with a brick-clad base and bay windows above. Throughout its operating history, there has been little-to-no vacancy in the building â a testament to the quality of construction, location and spatial quality of the asset. On the ground floor, a neighborhood daycare operates the commercial space, having just exercised their 5-year NNN lease renewal option. Upstairs, there are five (5) oversized apartments, each with unique layouts: one (1) studio, three (3) 2bd x 2ba units and one (1) 3bd x 2ba unit. New Ownership can add a 5th floor âas of rightâ based on the current zoning in place and increase the density/unit count. Private roofdecks feature prominently in 1601-5 Ridge with Center City skyline views from atop the 4th floor. Located in the Francisville submarket just outside of Downtown Philly, residents of this ±8,380 SF apartment building benefit from proximity to shops, breweries, cafes, grocers, restaurants and multimodal transport options â placing the entire city within reach of 1601-5 Ridge. Philadelphia now ranks as the eight (8th) largest MSA in the USA. Real estate investment demand is largely driven by Phillyâs relative affordability as compared to its pricier neighbors to the north (New York, Boston) and south (Washington, D.C., Maryland, Virginia), with comparable lifestyle standards â connectivity, culture, cuisine and convenience in Greater Philadelphia rival the nationâs leading metros. Investment sales in the Francisville submarket have been surging in 2024 (whilst some others lag), largely due to its desirability for young professionals seeking contemporary accommodations in new construction apartments just outside of the downtown urban core. BUYER TO VERIFY TAXES, SF, AND FINANCIALS IN DD. TENANT OCCUPIED. 48HR NOTICE REQUIRED TO TOUR. OFFERING INCLUDES 1601-3 RIDGE AND 1605 RIDGE.
Welcome to The Icelandic. New-construction boutique apartment building available located just a block just north of Girard Ave. in Brewerytown. 8 units total with a mix of 1, 2 and 3 Bedrooms all featuring high ceilings, modern kitchens, stainless steel appliances, tall windows, LED recessed lighting, high efficiency utilities, LATCH security system, and in-unit washer/dryer. All units have private outdoor space. Designed by renowned Bright Common Architects with an energy conservation Nordic theme. This turn-key building offers a low-maintenance investment opportunity with 7,000 sq ft of new construction (1 one-bed unit, 4 two-bed units, and 3 three bed-units) and 6 years remaining on Tax abatement. Located in the popular Brewerytown neighborhood in walking distance to countless gyms, cafes, restaurants, bars, and more. Nearby public transportation routes for both bus and trolley for proximity to Center City, Kelly Drive, Fairmount Ave, I-76 and I-676 make this a great location to live, work, and play!
For over 40 years, this auto repair shop has been a cornerstone at the bustling intersection of 5th St and Godfrey Avenue. The business is renowned for quality workmanship and reliable car sales. Services include comprehensive auto repair, auto sales, financing, auto tags, insurance, and warranties. Situated on a high-traffic corner, our facility features three service bays, an office, and two bathrooms on a quarter-acre lot. The property is versatile and suitable for various uses, including redevelopment as a drive-through business. Check zoning codes for more potential opportunities.
Great opportunity to make Money!!! This mixed use property consists of a first floor commercial space currently used as a barber shop (front) hair salon (rear). The second floor is a two bedroom unit and is currently occupied by a long term month to month resident who wants to remain however they are okay with moving. The first floor income is $1200.00 per month and the second floor is $800.00 per month. These rents are way under rent comps for the area. Showings for the first floor will be done after hours or Sunday and Monday when the salon is closed. Showings for the second floor is limited.
Extraordinary adaptive reuse opportunity on the Frankford Avenue corridor in Philadelphia, Pennsylvania. Incredible redbrick curb appeal, oversized industrial windows, exposed brick and beamâthis property is clamoring with authentic charm and possibilities. Favorable high-density ICMX zoning. 10 year tax abatement-eligible. This location is becoming the fastest- growing and most popular section of the city. Frankford Avenue is Philly's hippest street, lined with popular retailers, shops, cafes, bars, restaurants and more. Easy access to the Delaware River waterfront, pocket parks, SEPT A transportation (Market Frankford El train), Center City and University City, and I-95. Buyer responsible to verify taxes and SF in DD. Lot dimensions are approximate. Renderings for illustrative purposes.
Introducing "Bainbridge Lofts" at 710-16 South American Street: a turnkey, stabilized loft apartment building located in the coveted Queen Village submarket of Philadelphia, Pennsylvania. With 13 units and 30 parking spaces in a private, secure garage, Bainbridge Lofts provides residents with the ultimate urban lifestyle rooted in convenience and character. With exposed brick and beam throughout the property, tenants feel instantly at home, tucked away on a quiet, extremely well-maintained street (the property runs from South 3rd Street to American Street) in a location that's walkable to many of the city's top restaurants, cafes, parks and shops. Hardwood floors, stainless steel appliances, quartz countertops, spiral staircases, shaker cabinetry and exposed ductwork lend additional interior appeal, while the redbrick facade provides immediate curb appeal. Assumable financing is in place (subject to lender approval) with a highly-attractive 4.85% interest rate through November 1st 2027, with a 5-year extension option available through 2032. Generational blue-chip multifamily assets such as Bainbridge Lofts rarely come to market due to limited supply in the residential neighborhoods they inhabit. Tangible rental upside exists for new ownership to raise rents via cosmetic enhancements if desired. This could be done on an unobtrusive basis (unit by unit rather than full building) so as to not disturb the existing tenant base. Located just outside of the urban core in a tranquil setting with convenient connections to all of Philly's main arteries and roadways, Bainbridge Lofts is positioned for sustainable demand for decades to come. Buyer responsible to verify taxes, SF and financials in DD. 48hr notice to tour (tenant occupied).
Introducing 2914 West Oxford Street: a turnkey, expertly crafted 5-plex apartment building developed by Philly's own Baker Street Partners. Located on a quiet hilltop corner in Brewerytown with easy access to Fairmount Park's many outdoor treasures (driving range, running and hiking trails, basketball and tennis courts, Schuylkill River Trail), this turnkey ±3440 SF multifamily property delivers an attractive 6.88% cap rate with a full 10 year tax abatement. Unit mixture: two 1bd, two 2bd, and one studio apartment. Each of the spacious apartments provide comfort and convenience with luxury interiors, ample natural light via corner exposure, washer/dryer in-unit, and more. The building commands a strong presence with curb appeal at the corner of Oxford and Hollywood. Enquire within for financials and floorplans. Buyer responsible to verify SF, taxes, financials in DD.
Great industrial/mixed building in Frankford area. Open to what you want to make of it. Over 8,700 sq. ft. + 2-story building with private parking totaling 17,039 sq. ft. of land. Located in heavily traveled intersection in Northeast of Philadelphia, close to I-95. Private all-renovated property with parking for about 60 cars. Don't miss out. Make your appointment today.
The listing consists of three addresses all joined by party walls, all zoned CMX3. The properties are being offered with both a Hotel (H) Liquor license, a 2nd generation bar/restaurant, a cabaret license, an existing taco shop providing carry out, 15 key operating hotel, and 2 demoed residential units ready for renovationand tenants. The property presents a number of opportunities for immediate use, or re-development, and is quite literally the GATEWAY to Fishtown and all that neighborhood has to offer
Bright and open professional office space ideal for many uses including residential. Unit B is on multi-levels with two large interior offices , several conference rooms , a kitchen and full bath, spiral staircase , large windows, storage space, reception area and two story atrium. This is a unique property located in the heart of historic old city, close to exciting shops and restaurants. Owner is open to renting or possibly a lease purchase. Take a look at this property and bring your ideas to life!
Welcome to 4514R-4518R & 4522 Paul Street. Approximately 6,000 sq.ft, 2 story warehouse in the Frankford section of Philadelphia. Zoned CMX-2. This property is ideal for an owner-user, investor or contractor. The building features all concrete floors, cinder block building with a newer roof, 2 pc. powder room, 12 ft. ceilings, electric hot water, gas heat, all steel I-beams, some wood floor on 2nd floor, private tool crib room. 2nd floor has loft ceiling, 2 pc. powder room with shower, built-in attic space for additional storage. There is a drive-in door for easy access at rear of building. This well-maintained commercial building is not just a space - itâs a strategic asset poised to elevate your business operations. Explore its potential and schedule a viewing to secure a versatile and functional space for your business needs. Located off of the transient Frankford Ave/Orthodox Street corridors. The site provides easy access to Center City, I-95 and New Jersey bridges. Roof is still under warranty. A must see unique property with tremendous possibilities. Also includes 4518-R Paul Street and 4522 Paul Street. Must be sold as a package. Cannot be subdivided. Real Estate tax for 4514-R, 4518-R & 4522 Paul St is $2,168.00.
Great investment property, one commercial plus three residential units. Each residential unit is 2B2B with privatr balcony, the top unit with private roof deck too. Yearly rent income $104,400.00 plus water fee $2,520.00 per year collected from tenants. All appliances and furnitures are included in the sale price.
Investors, Entrepreneurs, Owner Occupants this is a great opportunity. The 1st floor has been a family locksmith biz for generations. This location has many other possible uses. Food biz, services, professional services. You have to do your due diligence on the use of this location. As an investment you could rent out the 1st flr and rent out the 2nd flr bi-level apartment. With property approvals..maybe you can turn the bi-level apartment into another unit. Commercial storefront with 2 apartments? Many possiblities. Behind the bldg is 1203 Oxford St. Currently being used as 2-3 car parking. Its zoned residential. Build on it? For the entrepreneur no other setup works nicely with your bi-level apartment on the 2-3 floors and you can meet your clients, run your business out of the 1st floor. Vehicle parking out back for you. You are located in the heart of Fishtown. Public trans on Girard Ave and the Market Frankford El at Front St & Girard right outside your door. You have access to I-95 and NJ bridges arent far at all. About 5 mins away from Society Hill via Richmond Ave/Delaware ave or N 2nd st. Septa will get into Center City in 10-15 mins. Great location for business and you can be in NJ in 10-15 mins via Ben Franklin Bridge.
Attention All Investors: Don't miss this opportunity to own this spectacular, turnkey, Multi-Unit, property consisting of Six magnificent, light-filled, spacious units near Washington Square and Center City. Great investment opportunity. 6 units. 1-2BR unit, 2-1 BR, 3 studios. 4 units are completely updated. 3 units are occupied with one tenant moving out in 2 weeks. Projected income is $9,395 (Rent roll in document center) Opportunity to combine 2 units on first floor to create a large space for you to live in while renting out the rest! 6 unit rental license in place. Dont miss out on this one!
