1,257 Sqft Lot
1,257 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Lot Size 1,257 Sqft
MLS Listing ID PAPH2488444
Financing Cash,Conventional
Subdivision Kensington
Total Units 3
Short Sale No
Originating MLS BRIGHT
Available Date 2025-06-01
Property Description
Kensington Ave: a Brick and Stucco Mixed use building consisting of an occupied first floor commercial unit, and 2 occupied residential units (both are 1 bed/1 bath apt units) on the second and third floors above. The building is approx 2100 sq ft and has plenty of on street parking.
The commercial unit is currently a productive new Convenience Store with a 3 year lease & automatic rental increases. In 2025 the commercial unit rent is $1400/month.
The two apartment units have current leases of $800 and $750/month respectively. The leases in total currently produce a net income total of $2950/month.
All of the units were renovated in 2020.
This income producing building in the Kensington section of Philadelphia is close to the El, Kensington Works and many new businesses.
Building is in very good condition and is being sold as-is.
Location
State PA
County Philadelphia
Area 19134 (19134)
Zoning CMX2
Interior
Hot Water Natural Gas, Electric
Cooling Ductless/Mini-Split, Window Unit(s)
Flooring Ceramic Tile, Hardwood, Laminate Plank, Laminated, Partially Carpeted
Inclusions Current leases
Heat Source Natural Gas
1-purchase type For Sale
Exterior
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Parking Type On Street
Building
New Construction N
Lot Dimensions 16.00 x 79.00
Sewer Public Sewer
Water Public
Schools
School District Philadelphia City
Others
Tax Amount $1,177
Tax Year 2024
Tax ID 871571180
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Special Sale Standard
