Property Description

An incredible opportunity in the heart of Passyunk Square, 1304 S 10th St is currently laid out as a 3-family dwelling with three 1-bedroom, 1-bathroom units, although the property is not currently zoned for 3-family use. The second and third floors (rented for $1400/mo and $1110/mo, respectively) are tenant occupied, while the first floor is raw space in need of complete renovation - offering the potential to create an amazing single-family home or pursue zoning approval for multi-unit use and live in one unit while collecting rental income from the others. The second floor has an electric heat pump for heating and cooling, while the third floor has gas hot-air heat and central air. The third-floor tenant pays for their gas and the gas used for the building's hot water; the owner pays electric, water and sewer for the building. A standout feature is the huge street-to-street lot, providing multiple-car parking and exciting potential for expansion, subdivision or construction of an additional residence, subject to all required approvals. Just around the corner from East Passyunk Avenue, the Italian Market, restaurants, cafés, shops, parks, and public transportation. Property needs renovation and is being sold as-is. A truly unique opportunity with incredible potential in one of South Philadelphia's most desirable neighborhoods! Schedule your showing today!

Property Features

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