Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1930
Sq.Footage
N/A
Rare opportunity to acquire a mixed-use property in the heart of Chinatown, Philadelphia, one of the most vibrant and sought-after neighborhoods in Philadelphia. This versatile building features four residential units and one street-level commercial storefront, offering strong income potential for both investors and owner-operators. The property includes two spacious 2-bedroom apartments and two 1-bedroom apartments, along with a ground-floor retail space currently occupied by a mini-mart with a long-term lease. The commercial tenant pays $3,000/month plus one-third of the real estate taxes and one-third of the property insurance, providing a stable income stream. One 1-bedroom unit is currently rented for $800/month on a month-to-month lease, while the remaining residential units are vacant after being previously occupied by family members, offering immediate value-add potential for new ownership. With rental demand in the area strong, 2-bedroom units in the neighborhood commonly command $1,500–$1,800 per month. The property does require some updates, presenting an excellent opportunity for investors to renovate, increase rents, and maximize returns in a prime Center City location surrounded by restaurants, shopping, and convenient transportation. For additional information or to schedule a showing, please contact the listing agent.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
None, Electric
-
Heating YN
YES
-
Heating
Electric, Natural Gas, Baseboard, Radiant
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.04
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$3,500,000
-
Tax Amount
$15,122
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Accessibility Features
Accessible Hallway(s)
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Zhi Qiang A Zhao , Castle Realty Services LLC
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Owner, President, Investment Property Advisor
Theresa Kehler
Call Theresa today to schedule a private showing.
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