1,480 Sqft Lot
1,480 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Lot Size 1,480 Sqft
MLS Listing ID PAPH2602410
Financing FHA,VA,Cash,Conventional
Subdivision Juniata
Total Units 4
Short Sale No
Originating MLS BRIGHT
Property Description
Positioned along a high-visibility corridor in Philadelphia, 1201 E Lycoming St presents a compelling income-producing opportunity with a strong unit mix and immediate revenue in place.
This four-unit property includes three residential units and one street level store-front unit, creating multiple income streams within a single asset. The residential component consists of one 1-bedroom unit, one studio-style 1-bedroom unit, and one 2-bedroom unit. The street-level unit benefits from strong visibility and direct access, offering flexibility for a variety of permitted uses subject to buyer verification.
The property generates in-place income with the street-level storefront and studio leased together for $1,135 per month, while the 2-bedroom residential unit is leased at $725 per month. The 1-bedroom residential unit is currently vacant, with a projected market rent of approximately $725 per month.
For investors seeking an income-producing asset with existing cash flow and room for future value enhancement, this property represents a strong addition to a Philadelphia investment portfolio!
Location
State PA
County Philadelphia
Area 19124 (19124)
Zoning RSA5
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling Ceiling Fan(s)
Heat Source Electric
1-purchase type For Sale
Exterior
Garage Spaces 1
Waterfront N
Water Access N
Accessibility Other
Parking Type On Street
Total Parking Spaces 1
Building
New Construction N
Foundation Concrete Perimeter
Lot Dimensions 20.00 x 74.00
Sewer Public Sewer
Water Public
Schools
School District Philadelphia City
Others
Tax Amount $1,508
Tax Year 2026
Tax ID 871148650
Ownership Fee Simple
Acceptable Financing FHA, VA, Cash, Conventional
Special Sale Standard
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