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2200 W Erie Avenue, Philadelphia, PA 19140

$750,000
  • 2200 W Erie Avenue, Philadelphia, PA 19140 Main Photo

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ACTIVE
BEDS0 BATHS SQUARE FEET3,330 MLS#PAPH2642206
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SCHOOLPHILADELPHIA CITY

Property Description

Exceptional Mixed-Use Investment Opportunity – Business & Real Estate Included! Don't miss this rare opportunity to own a highly visible, income-producing corner property consisting of 2200 & 2202 W. Erie Avenue, Philadelphia. This impressive three-story mixed-use building occupies a prime corner location with outstanding exposure and heavy daily traffic, directly across from the 39th Police District and a Philadelphia Fire Department station. The ground floor features a well-established dollar store that has been successfully owned and operated by the current owner for 21 years. The business has a loyal customer base, stable sales history, low operating costs, and is easy to manage. The business, fixtures, equipment, and inventory are included in the sale, offering a true turnkey opportunity. The commercial space is equipped with central air conditioning for year-round comfort. Above the commercial space are two residential rental units, both currently tenant-occupied, providing immediate rental income and additional cash flow. The property is separately metered with 4 gas meters and 6 electric meters, offering flexibility for future use and management. The seller has also converted all appliances to electric, helping reduce maintenance and improve efficiency. Whether you're an investor seeking a strong mixed-use asset or an owner-operator looking to run your own business while generating rental income, this property offers exceptional value and long-term potential in a highly traveled commercial corridor.

2200 W Erie Avenue | MLS# PAPH2642206

This multi-family property located at 2200 W Erie Avenue, Philadelphia, PA 19140 is currently listed for sale with an asking price of $750,000. W Erie Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.duffyrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Fuel Type: Electric
Heating: Baseboard - Electric
Home Style: Straight Thru
Lot Size: 0.03 Acres
Taxes: $2,434
Year Built: 1930

Feature Descriptions

Accessibility: 32"+ wide Doors
Additional Structures: Above Grade, Below Grade
Days on Site: 15
Exterior: Brick
Lot Dimensions: 0.03 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Structure Type: End of Row/Townhouse
Two Bedroom Units: 1
Units: 3
Water: Public

Local Schools

School District: PHILADELPHIA CITY

Listed By / Shown By

Listed By

Agency Name: Home Max Realty
Agency Phone: 2159047508

Shown By

Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655

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Estimated Payment

$ 4,018.89 per month $3,597.30 Principal & Interest $202.83 Property Tax $218.75 Homeowner's Insurance

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