3,261 SqFt
3,261 SqFt
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,261 sqft
Price per Sqft $315
Lot Size 1,529 Sqft
MLS Listing ID PAPH2596268
Style Other,Straight Thru
Subdivision Manayunk
Total Units 4
Short Sale No
Originating MLS BRIGHT
Property Description
The property features a 1,100 SF ground-floor commercial space with CMX-2 zoning, allowing for a wide range of uses including food & beverage, restaurant, BYOB, deli, pizza, café, ice cream, retail, pet supplies, salon, or professional office. Previously home to a successful deli, the space benefits from excellent visibility, strong foot traffic, and close proximity to Main Street. The commercial unit is currently vacant, offering immediate opportunity for an owner-user or the ability to secure a market-rate tenant.
Above, the property includes three fully renovated residential units, all currently leased and generating $4,750/month in rental income. The unit mix consists of one 2 bed / 1 bath unit ($1,900/month) and two 1 bed / 1 bath units ($1,475 and $1,375/month), providing stable, in-place cash flow.
Each apartment has been thoughtfully updated with central air, vinyl flooring, new appliances, in-unit washer/dryer, and separate utilities, with tenants responsible for electric. A full renovation completed in 2023 included updated plumbing, electrical systems, and sprinkler water lines. The commercial space is supported by a newer HVAC system (approximately 4 years old), along with updated fire and burglar alarm systems.
With the commercial space leased at market rent, the property offers a projected gross income of $7,950/month ($95,400 annually), making it an attractive option for investors seeking immediate returns with additional upside.
Located just one block from Main Street and within close proximity to the Manayunk train station, I-76, and Center City, the property benefits from exceptional accessibility and visibility. Manayunk continues to see significant growth, with ongoing residential development and an expanding population driving increased demand for both housing and local businesses.
Whether you're looking to expand your portfolio, live above your own business, or capitalize on a high-demand rental market, this property offers a unique blend of stability, flexibility, and long-term potential.
Location
State PA
County Philadelphia
Area 19127 (19127)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
1-purchase type For Sale
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type Other
Building
New Construction N
Foundation Other
Lot Dimensions 11.00 x 46.00
Sewer Public Sewer
Water Public
Architectural Style Other, Straight Thru
Additional Building Above Grade, Below Grade
Schools
School District Philadelphia City
Others
Tax Amount $4,552
Tax Year 2025
Tax ID 871402260
Ownership Fee Simple
SqFt Source 3261
Special Sale Standard
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