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Arshia Kia

arshia.kia@exprealty.com +1(571) 276-1206

Listed by Jennifer Bennett • Perfect Place Real Estate Co.

$ 319,900

Est. payment | -/mo

2,086 Sqft Lot

Save

$ 319,900

Est. payment | -/mo

Save

2,086 Sqft Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision West Philadelphia

MLS Listing ID PAPH2577886

Year Built 1915

Annual Tax Amount $3,064

Tax Year 2025

Lot Size 2,086 Sqft

Acres 0.05

Lot Dimensions 20.00 x 101.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Investor alert! Corner CMX-2 mixed-use value-add with major upside. This 4000+ sf property includes a street-level commercial unit plus multiple residential units: 1BR (1st floor rear), 1BR (2nd floor rear), 2BR (2nd floor front), and a 3rd-floor shell ready for your build-out—configure as a 3BR or potentially two additional units to increase income (buyer to verify zoning/use, permits, and unit count). Separate utilities support efficient operations and strong long-term rental performance. The property needs work, but the layout, zoning, and unit mix create a clear path to stabilization and cash flow. With renovations and the right leasing strategy, income potential can approach $10,000/month with Section 8 tenants (buyer to verify voucher amounts, payment standards, inspections, and eligibility). With relatively low baseline holding costs (taxes/insurance/water per seller), this is a strong candidate for high NOI and attractive cap rate potential once stabilized. Schedule your showing today!

Location

State PA

County Philadelphia

Area 19131 (19131)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Hot Water, Radiator, Baseboard - Electric

Cooling None

Flooring Laminated

Heat Source Natural Gas, Electric

Exterior

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Lot Description Corner

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871053100

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Private

Listing Terms Cash, Conventional, Private

Financing Cash,Conventional,Private

Special Listing Condition Standard

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(571) 276-1206

arshia.kia@exprealty.com

2000 Duke St, Suite 300, Alexandria

5501 LANSDOWNE AVE Philadelphia, PA 19131

Arshia Kia

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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5501 LANSDOWNE AVE