UPDATED:
Key Details
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,360 sqft
Price per Sqft $202
Subdivision Holmesburg
MLS Listing ID PAPH2608594
Style AirLite
Bedrooms 1
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 1,360
Year Built 1930
Annual Tax Amount $2,791
Tax Year 2025
Lot Size 1,287 Sqft
Acres 0.03
Lot Dimensions 15.00 x 78.00
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
This fully occupied property features a well-established commercial storefront on the first floor, currently operating as a long-term barbershop tenant, along with two one-bedroom residential units above. The residential units consist of one-bedroom apartments, both occupied by long-term tenants on month-to-month leases.
The current rents are below market value, presenting a clear opportunity for increased cash flow with future adjustments. The property is being offered in as-is condition, making it ideal for investors looking to step into an income producing asset with value-add potential.
Located on a high-visibility stretch of Torresdale Avenue, this property benefits from strong foot traffic and proximity to local shops, public transportation, and nearby parks adding to its long-term desirability for both commercial and residential tenants.
Priced to sell, this is a rare opportunity to acquire a mixed-use property with stable occupancy, low maintenance, and the ability to increase returns over time..
Location
State PA
County Philadelphia
Area 19136 (19136)
Zoning CMX1
Rooms
Basement Poured Concrete
Main Level Bedrooms 1
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Wall Unit
Fireplace N
Heat Source Natural Gas
Exterior
Utilities Available Natural Gas Available, Electric Available, Sewer Available, Water Available
Water Access N
Roof Type Flat
Accessibility 2+ Access Exits
Garage N
Building
Lot Description Corner
Story 2
Foundation Other
Above Ground Finished SqFt 1360
Sewer Public Sewer
Water Public
Architectural Style AirLite
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Senior Community No
Tax ID 412408705
Ownership Fee Simple
SqFt Source 1360
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Nearby Locations
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