Excellent Mixed-Use Investment Opportunity in a Prime Location! This well-positioned 3-story mixed-use property offers an excellent opportunity for an investor seeking multiple income streams and strong rental potential. The property features three income-producing units, including a street-level commercial storefront and two spacious 3-bedroom residential apartments. The commercial storefront is currently… Read More rented for $1,700/month, providing immediate income and excellent visibility in a high-traffic location. The two residential 3-bedroom apartments generate $1,000/month and $1,400/month, respectively, creating a total current gross rental income of $4,100 per month, or $49,200 annually. With a desirable mix of commercial and residential income, relatively low taxes and insurance, and strong rental demand in the area, this property offers an attractive opportunity for investors looking for cash flow and long-term potential. Conveniently located near the 60th Street Terminal, public transportation, shopping, restaurants and neighborhood amenities, the property benefits from excellent accessibility and visibility. Three income-producing units + $49,200 in current annual gross rental income + low operating costs = an excellent investment opportunity. Whether you're looking to add to your portfolio or seeking your first income-producing property, this property offers a compelling combination of location, income and investment potential. Read Less
Courtesy of SHARMEEN MUSSANI, Keller Williams Realty Devon-Wayne 610-647-8300
Listing Snapshot
Days Online
11
Last Updated
Property Type
Triplex
Square Ft.
2,745
Lot Size
0.02 Acres
Year Built
1925
MLS Number
PAPH2675614
Additional Details
Building
Built in 1925, Living area: 2745, Construction Materials: Block
Cooling
None
Accessibility Features
2+ Access Exits
Foundation
Permanent
Heating
Forced Air
Lot
0.02 acres
Property
Other structures: Above Grade
Sewer
No Septic System
Taxes
Annual Amount: $2,682, Year: 2025, Zoning: CMX3
Utilities
Water Source: Public
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