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Listed by BEN MATHEW • EXP Realty, LLC
$ 260,000
Est. payment | /mo
851 Sqft Lot
$ 260,000
Est. payment | /mo
851 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Kensington
MLS Listing ID PAPH2672704
Year Built 1925
Annual Tax Amount $1,136
Tax Year 2026
Lot Size 851 Sqft
Acres 0.02
Lot Dimensions 15X57
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Mixed-use investment property featuring an established bodega and deli on the ground floor with a residential unit above. Both tenants are long-term and reliable, with a history of on-time payments. The commercial tenant has been in place for more than two years, while the residential unit is occupied by a stable tenant. The property generates $1,250 per month from the commercial space and $875 per month from the residential unit, providing two separate income streams. Annual owner expenses are approximately $2,300, with an 8.9% cap rate. The established essential-service business provides a strong commercial anchor, while the residential unit adds additional rental income. The property can be purchased individually or packaged with 3104 Emerald St, Philadelphia, PA 19134 MLS# PAPH267268
Location
State PA
County Philadelphia
Area 19134 (19134)
Zoning CMX1
Interior
Hot Water Natural Gas
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871533140
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Nearby Locations
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