The median home value in Philadelphia, PA is $250,000. This is higher than the county median home value of $232,250. The national median home value is $308,980. The average price of homes sold in Philadelphia, PA is $250,000. Approximately 48% of Philadelphia homes are owned, compared to 41% rented, while 10% are vacant. Philadelphia real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Philadelphia real estate agent to arrange a tour today! Learn more about living in Philadelphia
Development Opportunity !! Estate Sale of 208 N Felton St in a buzzing area minutes away from the Market train station and Philadelphia Airport. Bring Your flashlight and vision to see this development opportunity. There is new construction being developed all around this property. Property can be torn down and developed as a multi-family or property can be restored .
Investor's Delight! Don't miss this incredible opportunity for positive cash flow with a six-unit property at 5818 Vine St, Philadelphia, PA. Each unit is thoughtfully equipped with individual water tanks and electrical boxes, ensuring optimal efficiency and convenience. With tenants responsible for all utilities, this investment promises a seamless and hassle-free management experience. Unit 1R is currently rented at $875 monthly, and Unit 3R is currently rented at $740 monthly, showcasing the attractive income potential of this property. Situated in the heart of Philadelphia, this property not only guarantees a solid investment but also offers a prime location within walking distance to public transport, playgrounds, sports fields, and shopping. Seize the opportunity to secure your place in this thriving real estate venture! Act now and enjoy the benefits of this strategically positioned property.
Multiunit/ Commercial building located in West Philly. Four units plus a Commercial unit on the first floor. Seller is motivated! Prime opportunity to build a portfolio. First floor is commercial Second floor has a 1 Bedroom and 2 bedroom apartment Third floor has two- 1 bedroom apartments Seller is looking to sell as a package deal with 4807-4809 Leiper St. and 6139 Market St. All Buildings are "As Is" total of 18 units. ( 16 apartments and 2 Commercial spaces) All Photos were before tenant moved in. First floor -Commercial Space (Market Rent $2500) Second floor - 2 Bedroom $730 (Market Rent is $1200) - 1 Bedroom $775 (Market Rent is $900) Third floor- 1 Bedroom $1000- 1 Bedroom Empty (Market Rent $1000) Total Rent possible $6,600 Monthly $79,200Yearly Please call listing agent for showings
This 2-story, commercial, mixed-use corner property, located in West Philadelphia, is the perfect investment opportunity for those looking to own a prime piece of real estate in a developing neighborhood. The first floor of this property could be used for a variety of businesses. As you make your way upstairs, you will find a 2-bedroom apartment. Each of the floors are framed out and ready to be finished to your exact specifications. This corner property boasts a prime location. You will be steps away from neighborhood restaurants, cafes, shops, and public transportation, as well as Center City and the Philadelphia suburbs via Septa's Market-Frankford Line. Whether you are an investor looking to expand your portfolio or a small business owner searching for the perfect space to call your own, this 2-story property is sure to impress. Don't miss your chance to own a piece of West Philadelphia's thriving real estate market!
Parking Lot: 56-62 N 60th Street-There are fourteen (14) parking spaces each (10 x 20) Sq. Ft. The parking lot is a total of four lots and has a (64 x 60) front. Land for potential development as a 3 to 4 story apartment complex containing approximately 10 apartments units 2 commercial stores or offices on the ground floor.
Donut shop at 48th and Spruce streets. There are many possibilities for the new owner, including adding breakfast sandwiches, pastries and other related bakery items. The area is densely populated with several apartment buildings within a block. Schools, universities and day care centers are also nearby. If you are a baker and are looking for a platform to express your talents and be appreciated for it by paying customers, this location will excite you. Please call me with any questions. Business is for sale only, the property is not for sale.
Welcome to your next investment opportunity! This turnkey mixed-use building promises excellent cash flow and minimal overhead, making it an investor's dream. Nestled in the burgeoning Walnut Hill section of Philadelphia, adjacent to the esteemed University of Pennsylvania, this property boasts three units ripe for income generation. Positioned conveniently on Market Street's south side, mere steps from the SEPTA 56th Street EL stop, accessibility is unmatched. Your tenants will relish the swift commute to Penn, Drexel, or downtown Philadelphia, thanks to the nearby elevated train. The ground floor fronts a versatile commercial space, zoned CMX2 to accommodate various business endeavors. Currently leased at $725 per month, this unit offers immediate returns. Meanwhile, the rear residential unit on the first floor presents a spacious one-bedroom apartment with kitchen, bath, flooring, heater, and washer/dryer. Priced at $1000 per month, its private fenced yard adds an extra allure. Ascending to the second floor reveals a charming two-bedroom unit, boasting a ceramic-tiled kitchen, pergo flooring, and modern amenities like high-efficiency gas forced air heat and central air. With a rental income of $1100 per month, its enclosed porch could easily transform into a third bedroom, maximizing returns. To sweeten the deal, the property offers off-street parking for 1-2 cars, potentially yielding an additional $50-$100 per month in rent. Resting on a generous 125-foot deep lot with a convenient rear alley/private driveway, convenience and flexibility abound. Whether you're eyeing a 1031 exchange, a cash sale, commercial financing, or envisioning yourself as an owner-operator, this offering caters to diverse investment strategies. Don't miss out on this golden opportunity to secure your foothold in Philadelphia's thriving real estate market!
Owning Prime Real estates is a great new business opportunity . All developers are welcome. Building is sold "where is -as is" conditions. Sales price includes two properties- 108 and 110 Farragut St
K Dollar & Beyond Inc is the tenant for the building. The sales price is for building only. Business can be purchased and price is negotiable.
Introducing an income producing Property on a high foot traffic street. This Mixed-use Three-story building consist of a vacant store front with separate entrance Loads of Possibilities for this unit. another door leading to two fully occupied two-bedroom apartments. This three-story Gem would be a great addition to any portfolio. Priced to sell As-Is, Where Is. Do not let this one slip by.
Prime Redevelopment Opportunity in West Philadelphia's Walnut Street Corridor Unlock the potential of this expansive corner commercial property located in the heart of West Philadelphia's Walnut Street corridor. As a Qualified Opportunity Zone (QOZ), this redevelopment gem offers savvy investors the chance to realize significant capital gains tax benefits while reshaping a prominent corner in the community. Currently zoned CMX2 with a 38' height restriction, this property invites developers to reimagine its potential. Explore the possibilities of rezoning to CMX2.5 for an increased height of 55', providing added versatility in design and functionality. Whether adding extra levels or constructing an entirely new mixed-use facility, the canvas is yours to craft. Capitalizing on eight 24" full-span ironwork girders, developers can elevate their projects with bonus height and density. A mixed-income housing plan not only enhances the property's appeal but also aligns with the community's needs, offering a compelling canvas for innovation in residential or business development. Tailor the property to suit your preferred development model. Whether envisioning a mixed-use residential facility, food, and beverage retail sales, storage facility, food service-catering-commissary, day care center, learning center, or community center, the possibilities are vast. Benefit from solid local traffic counts, excellent public transportation options, and easy access to Univ City and Center City. The property's strategic location enhances its appeal for a wide range of potential uses. This development opportunity not only resides in a Qualified Opportunity Zone but is also eligible for a Philadelphia Tax Abatement and falls within a zone designated for New Market Tax Credit (NMTC). Investors can leverage these incentives to maximize returns and contribute to the growth of the community. Review the property details, plan view, and photos at your convenience. Drive by for a firsthand look, and then connect with us for more information. Qualified buyers and serious interests are invited to express their interest. This motivated seller encourages you to seize this unique opportunity. Contact us today and bring your vision to life!
Great investment opportunity in the business district along north 52nd St. The building is a blank slate waiting for you to come in and build out for any range of available uses. Framing and some utility work has been completed. New roof added in 2022. The property is zoned CMX 2.5, which allows for numerous commercial uses by right. It's currently set up for commercial use on the first floor and 5 residential units on the 2nd and 3rd floors. This property has tremendous potential and is located in the heart of the 52nd street business corridor.
This amazing commercial CMX 2 opportunity is 6380 Square Foot!!! The possibilities are endless. This is a motivated SELLER- Public:
Current Auto repair garage. Successful and long-standing auto repair shop with current permit, office, powder room, and with TWO LIFTS plus an EXTRA LOT that is included. Auto repair shop sold as is. Two tax records included in the sale. The auto repair garage building is approximately 2,048 SQF and the vacant lot which is used for parking is approximately 2,250 SQF. 241 N 61st Street tax ID:882969345 zoning RSA5 with Land use as:Auto Repair Shop with active permit. 239 N 61st Street tax ID: 341132100 zoning: RSA5 Land use: Res Land. Two separate property taxes. Possibility of development with multi units. Potential development is responsibility of buyer to investigate the permit and usage. 239 N 61 st St--Tax ID is 341132100 and 241 N 61st St--Tax ID is 882969345. Close to 69th St and Market St in Upper Darby.
Tremendous investment opportunity in University City. Extra large vacant lot zoned CMX-2 and measuring 22 x 113. Rarely available parcel on a prime, tree-lined block filled with 3-story, porch-front, Victorian homes. CMX-2 will permit ground floor commercial space plus 5 dwelling units. Strategically positioned between Spruce Hill & Walnut Hill with tons of commercial space on nearby 45th St. and Walnut St. Short walk to Market/Frankford El and of course take advantage of everything University City has to offer with regional anchors UPenn and Drexel University. Purchase with separately available parcel at 222-224 S. 45th St. and create one mega development. Incredible opportunity, will not last! Buyer responsibility to confirm all zoning/use options.
Basement and 2 story building , The previous tenant had tried to open for DAY CARE but failed staying more than 1 years because short fund, vacant now , 2nd floor : good for opening retail business, office . The property shall be sold AS IS condition. If you fix 2nd floor , You can live or rent .
Introducing 307 N 52nd St, Philadelphia - a versatile commercial property and investment opportunity. This property features a spacious storefront and three apartments, totaling 1,950 sq. ft. Its proximity to amenities and public transport ensures convenience for both your customers and potential tenants. Discover the potential of this prime location and schedule your appointment today!
2023 Annual taxes $4199. 24 unit development opportunity by right with present CMX2 zoning. Potential for an additional 40 to 85 micro units with an upgrade to CMX3 Zoning and a variance. The entire City block across the street was recently rezoned in its entirety to CMX3 Zoning and is the home to the New West $64 million dollar, five story development. The warehouse is located in an Opportunity Zone and may be eligible for affordable housing and new market tax credits. Located in a transit oriented development area, one block to the 60th Street Elevated Market Street train station. Short commute to Center City, Penn and Drexel Universities. Near University City, Cobbs Creek and located within the Revitalizing Haddington neighborhood. The building is presently being used for warehouse storage, the seller has concept drawings for a 24 unit apartment or condo floor plan, a brewery concept designed by the architects who designed the new Yards Brewery and a concept drawing to convert the building to public storage. See virtual tours.
ZONING PERMIT IN HAND! Located in a Qualified Opportunity Zone. Attention Investors and Builders!! Check out the rendering and zoning review provided by Sellerâs Architect. Great opportunity in one of the fastest growing zip codes in Philadelphia, University City! LOCATION LOCATION LOCATION...get in now while you still can. This area has tons of rental demand from Drexel University, University of Penn, and young professionals. The PERFECT sized property is ZONING READY, ZONING RECENTLY CHANGED TO RM-1. 7 units allowed BY-RIGHT! Almost 27 FEET WIDE and 85 FEET DEEP!! This is a can't miss opportunity. Bring your offers fast, this one won't last long!
5918 Chestnut offers a great opportunity to own a turn key commercial property. The commercial space on the first floor is prepped and ready for a new business to open. It is currently approved for office, retail, or grocery. The commercial refrigerators are included with the sale. The second floor has a nicely updated 3 bedroom, 1 bath apartment that is currently generating $1200/month. Whether you're looking to start a new business, expand your current operations, or add a solid investment to your portfolio, this property has everything you're looking for.
Welcome to 4805 Walnut St! This permitted multi-unit building in the constantly developing Walnut Hill section is a great opportunity for a savvy investor or house hacker. With two spacious 2BR, 1BA units and a multi-purpose, commercial ground level space, the possibilities are endless. The building has recently undergone several renovations. Both units have new kitchens and bathrooms, new/refinished flooring, updated electrical, laundry installed, some windows replacements and new exterior doors & siding. The ground level space is white boxed for the future owner to use as they see fit. It would be perfect as an event space, additional storage or a possible 3rd apartment. The ground floor also has access to the building's mechanicals. 1st floor unit is currently leased through Sept 2024 for $1500/mo. All units are separately metered. Roof was replaced in 2020. Check the rental comps and look at the numbers for yourself! Buyer's responsibility to verify zoning. This one is not a drive by - schedule your showing today. Lastly, this property is eligible for a $10k grant. Ask for more details.
Re-introducing 5132 Market Street: A stunningly refurbished salon and spa now available at an enticing new price point and ready for its new owner. Whether your aspiration is to continue the legacy of the salon and spa, venture into retail, or establish a professional office space, this mixed-use property is your gateway to realizing those dreams. The establishment is split leveled, the main floors were previously renovated with a half bath and ready for business, however, the 2nd unit and lower levels can use some imagination. The large open concept second floor unit has it's own private entrance with 1.5 baths where residences (or an additional business) can flourish. We cordially invite you to discover the boundless potential that 5132 Market Street has to offer, now made even more appealing with a significant price reduction. Located in a vibrant area teeming with foot traffic, and boasting excellent connectivity via multiple SEPTA bus routes and "L" train services, this property is strategically positioned for success. Come see for yourself, the potential is limitless, so don't miss out.
Amazing corner lot for sale!! Last buyer pulled out of the deal. Perfect opportunity for a new investor to step in.