Property Description

Corner-Lot Mixed-Use Investment with Below-Market Rents — Nicetown, North Philadelphia 4-unit mixed-use investment on a 3,733 SF corner lot (44' x 85'), RM-1 zoning, 1930-built masonry construction. Two ground-floor commercial units and two second-floor residential apartments (1BR/1BA and 2BR/1BA), all four fully occupied under long-term, stable leases generating $3,700/month in current actual rent. Rents are below comparable Nicetown-area rates for both the commercial and residential units, with lease turnover anticipated within 1–2 years — giving investors a clear, near-term path to increased cash flow without displacing existing tenants today. The corner position and dual-use configuration offer flexibility for owner-occupant business use, continued investment hold, or repositioning at turnover. Located minutes from the SEPTA Wayne Junction Regional Rail station, recently rehabilitated as part of a $45M infrastructure investment, and within a corridor seeing active new multi-family construction on nearby blocks. Showings by appointment only — proof of funds and 48 hours' notice required to minimize disturbance to occupied tenants. Property sold as-is. Buyers should independently verify zoning compliance, use registration, and required permits with the City of Philadelphia Department of Licenses & Inspections prior to settlement.

Property Features

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