Your Key to the Main Line, Philadelphia, and its Surrounding Suburbs
BEDS0
BATHS
SQUARE FEET1,650
MLS#PAPH2647502
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONPARKSIDE
SCHOOLPHILADELPHIA CITY
Property Description
Fully renovated CMX-2 mixed-use property just one block from Lancaster Avenue. The first floor features a vacant commercial shell ready for retail, office, professional, or other permitted commercial uses. The second-floor residential unit offers 3 bedrooms, 1 full bath, a heated finished attic/flex space, granite countertops, stainless steel appliances, laundry hookups, and energy-efficient mini-split heating and cooling. Recent improvements include a new roof, 400-amp electrical service, new plumbing, HVAC, replacement windows, flooring, drywall, trim, interior doors, kitchen, bathroom, and fire alarm system. The property will be delivered completely vacant, allowing an owner-occupant or investor to lease both units at market rates. Estimated market rents are approximately $2,500/month for the commercial space and $1,830/month for the residential unit, offering excellent income potential. A turnkey investment or ideal live/work opportunity in a growing West Philadelphia corridor.
Property Features
Property Type: Multi Unit - Multiple
Basement: Partially Finished
Basement: Yes
Cooling: Ductless/Mini-Split
Fuel Type: Electric
Heating: Baseboard - Electric, Heat Pump - Electric BackUp
Home Style: Traditional
Lot Size: 0.03 Acres
Roof Type: Flat
Taxes: $1,127
Year Built: 1925
Feature Descriptions
Additional Structures: Above Grade
Appliances: Oven/Range - Electric, Stainless Steel Appliances, Water Heater, Refrigerator, Microwave
Days on Site: 3
Electric: 200+ Amp Service
Exterior: Masonry
Flooring: Tile/Brick, Vinyl, Wood
Location: Urban
Lot: Irregular
Lot Dimensions: 0.03 Acre(S)
Municipality: PHILADELPHIA
Parking Notes: Public
Sewer: Public Sewer
Structure Type: Twin/Semi-Detached
Three Bedroom Units: 1
Two Bedroom Units: 1
Units: 2
Utilities: Electric Available, Sewer Available, Water Available
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: HomeSmart Realty Advisors
Agency Phone: 2156041191
Shown By
Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655
Estimate Your Payment
Estimated Payment
$ 1,770.44 per month $1,580.42 Principal & Interest $93.92 Property Tax $96.10 Homeowner's Insurance
5018 W Thompson Street | MLS# PAPH2647502
This multi-family property located at 5018 W Thompson Street, Philadelphia, PA 19131 is currently listed for sale with an asking price of $329,500. W Thompson Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.duffyrealestate.com today.