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$ 225,000
Est. payment | /mo
1,240 Sqft Lot
$ 225,000
Est. payment | /mo
1,240 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Lot Size 1,240 Sqft
MLS Listing ID PAPH2517112
Subdivision Point Breeze
Total Units 3
Short Sale No
Originating MLS BRIGHT
Property Description
Attention Developers and Investors — Don't miss this exceptional chance to own a high-potential, mixed-use property in one of South Philadelphia's most rapidly growing corridors. 1427 Point Breeze Avenue is a framed, 3-story building with all current permits in place, ready for your finishing touches.
Designed with income in mind, the layout includes a commercial space on the ground floor and two spacious 2-bedroom, 1-bath flats on the upper levels — each with a separate private entrance. Situated on an extra-deep 16' x 78' lot, the building offers generous interior space on every floor.
Upon completion, this property is projected to generate approximately $6,600/month in rental income, delivering an impressive 12%+ cap rate — an outstanding value-add opportunity in a highly desirable location.
Located in the heart of a thriving business district with a Walk Score of 83, you'll be surrounded by trendy restaurants, local shops, and new developments, with convenient access to public transit just steps away.
Whether you're looking to expand your portfolio or capitalize on South Philly's growth, this is your moment. Schedule your private tour today!
Designed with income in mind, the layout includes a commercial space on the ground floor and two spacious 2-bedroom, 1-bath flats on the upper levels — each with a separate private entrance. Situated on an extra-deep 16' x 78' lot, the building offers generous interior space on every floor.
Upon completion, this property is projected to generate approximately $6,600/month in rental income, delivering an impressive 12%+ cap rate — an outstanding value-add opportunity in a highly desirable location.
Located in the heart of a thriving business district with a Walk Score of 83, you'll be surrounded by trendy restaurants, local shops, and new developments, with convenient access to public transit just steps away.
Whether you're looking to expand your portfolio or capitalize on South Philly's growth, this is your moment. Schedule your private tour today!
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning CMX2
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
1-purchase type For Sale
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type None
Building
New Construction N
Lot Dimensions 16.00 x 78.00
Sewer Public Sewer
Water Public
Schools
School District The School District Of Philadelphia
Others
Tax Amount $2,807
Tax Year 2024
Tax ID 871549490
Ownership Fee Simple
Special Sale Standard
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Listed by Stuart Cohen • KW Empower
Nearby Locations
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