Investments Sales Management

2345-47 E SOMERSET STREET

PHILADELPHIA , PA 19134

MLS#: PAPH2562866

$900,000

Status: Active
Listing number: PAPH2562866
Listing provided by: KW Empower
Listing agent phone: None
Last update: 4 days ago
On site: 12 days ago
Browse Properties
PORT RICHMOND - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1925

Sq.Footage

N/A

This rare 3-unit, 2-building package includes a fully rented single-family home at 2345 E Somerset (4 beds/1.5 bath, leased at $1,850/month through 4/30/2026) and a prominent corner mixed-use duplex at 2347 E Somerset, anchored by a long-term wing shop tenant paying $3,500/month NNN with 6+ years remaining. The commercial tenant also uses the basement for office space, a half bath, and yard access for trash storage. The second-floor apartment is a freshly renovated 2-bedroom with a private deck, washer/dryer, dishwasher, central air, and all-new finishes; it is currently vacant with a projected rent of $1,300. This is an excellent pure investment play or an opportunity to live in either the apartment or the single-family home once available. Owning the adjoining property simplifies commercial management, and the location offers easy access to I-95, local retailers, and major shopping centers.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Window Unit(s), Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air, Radiant

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.08

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $900,000

  • Tax Amount

    4901.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    RICHMOND

  • Middle School

    MEMPHIS STREET ACADEMY CHARTER SCHOOL AT J.P. JONE

  • High School

    KENSINGTON

Property Features

  • Foundation Details

    Stone

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

PHILADELPHIA

Elementary School

RICHMOND

Middle School

MEMPHIS STREET ACADEMY CHARTER SCHOOL AT J.P. JONE

High School

KENSINGTON

Listing Courtesy of Stacy L Sanseverino , KW Empower

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(215) 605-9647

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This rare 3-unit, 2-building package includes a fully rented single-family home at 2345 E Somerset (4 beds/1.5 bath, leased at $1,850/month through 4/30/2026) and a prominent corner mixed-use duplex at 2347 E Somerset, anchored by a long-term wing shop tenant paying $3,500/month NNN with 6+ years remaining. The commercial tenant also uses the basement for office space, a half bath, and yard access for trash storage. The second-floor apartment is a freshly renovated 2-bedroom with a private deck, washer/dryer, dishwasher, central air, and all-new finishes; it is currently vacant with a projected rent of $1,300. This is an excellent pure investment play or an opportunity to live in either the apartment or the single-family home once available. Owning the adjoining property simplifies commercial management, and the location offers easy access to I-95, local retailers, and major shopping centers.

2345-47 E SOMERSET STREET

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