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
LOCATION! LOCATION! LOCATION! DONT MISS THIS SPACIOUS 3 STORY MIXED-USE PROPERTY ON BALTIMORE AVENUE. If you are looking for a great location for your business and or residential rental units, look no further. This Property sits right in the mix of restaurants, boutiques, spas, specialty shopping and new construction all around it. Its already framed out and waiting for your vision for a complete rehab. May be eligible for 10 YEAR TAX ABATEMENT Property is being sold in AS-IS CONDITION.
Welcome to 5416 Baltimore Avenue â the epitome of modern urban living. This brand-new construction boasts a contemporary 5-unit building, each unit designed with sophistication and comfort in mind. The property offers a unique living experience with all units featuring 1 bedroom and 1 bathroom. One of the standout features of this property is the 10 year tax abatement. This incentive allows investors to enjoy a decade of reduced property taxes, making this investment even more attractive. Nestled in West Philadelphia, the property offers a prime location with convenient access to the city's vibrant amenities. Each unit in this new construction is thoughtfully designed to maximize space and light, creating a welcoming and comfortable environment. Modern finishes and high-quality materials contribute to the overall aesthetic appeal, ensuring that tenants experience both luxury and functionality. If you're an investor seeking a property with promising returns, this is the one!
Rare opportunity to own a 2,500 SQ FT private garage on a quiet block located in the Kingsessing neighborhood of West Philadelphia! Located just over the Grays Ferry bridge, minutes from the UPENN Pennovation Center, University of the Sciences, University of Pennsylvania and so much more. Front of the garage is currently being used as a mechanic/repair shop. Rear portion is currently being used as an educational facility. Garage will be delivered vacant upon purchase. Contact listing agent for more info and tours. Property to be sold AS-IS, WHERE-IS. Sellers may or may not remove some items prior to settlement.
Great mixed-use property with 2 storefronts currently used as a laundromat consisting of 29 washing machines, 18 dryers, small grocery/convenience store area and additional vending machines. The upper-level hosts 2 apartments each consisting of 2 bedrooms, kitchen, living room and bathroom. The property has been operated by the same owner for many years and the apartments are also owner occupied. Owner is retiring.
This conner mix used property in the hart of west Philadelphia. The property use to be a dry cleaner and a small hot dog/ice crem place and a boutique store. Upper floor was 2 unites one is for one bed room and one is for 2 bedrooms. This place need complete rehab and seller is selling "as is" condition. If you are looking for a really good location and really good price and willing to do the work than this for you. Property is one block away from the Marcy hospital west Philly. If you are trying to show this property then I recombed have hard hat and a flash light. Call the listing agent if you have any questions.
Presenting 922 S 49th, a totally renovated income-producing 4,500 SF quadplex (4 units) ideally located in University City Philadelphia, the region's leading employment hub which drives Philly's prominent "eds and meds" high-skilled/paid workforce. 3 rented - 1 vacant - Ideal for an owner-occupier looking to leverage personal financing. The three rented Units are leased significantly under market due to timing with Covid, offering the new owner/operator immediate increased yield in Year 1+. Pro forma cap rate is 8%+ with market rents compared. The unit mixed includes 2 (two bedrooms), 1 (three -bedroom), and 1 (four-bedroom) which perfect for grad students and professionals. A tenancy mixture (grad students and professionals) is common at the property with previous tenants including Adjunct Professors and Penn Law Students. Features include modern kitchens and bathrooms, hardwood floors, bay windows and high ceilings, spacious rear yard, charming front porch, in-unit washer/dryers, lower level common storage. The University of Pennsylvania, Drexel University, the University of the Sciences and the Restaurant School at Walnut Hill College all share turf here, in the city's bustling, culturally diverse academic heart. Cutting-edge exhibitions at the Institute of Contemporary Art attract hip crowds. Budget-friendly dining options include street food stalls and international eateries, and there are plenty of casual bars. Tax abatement has been approved to reduce taxes, further reducing expenses and increasing the future yield. All utilities are paid by tenants will very low operating costs for owners. All units have central air. All power to the building is electric, there is no gas utility. Fire Sprinkler is active further reducing insurance costs. owner is a licensed reatlor
Great Investment opportunity for investors and developers. This property is in the university city area of the city and about 10-15 minutes away from the city hall , airport, and, Amtrak train station. Included in the sale are 1327 S 49th Street , tax ID # 273053100 next to the warehouse, 2 additional lots behind the building 4824 & 4826 Yocum St.
Open House: Saturday, 3/23 3:00-4:00PM
The building has a gross annual return of $51,050 and a CURRENT CAP RATE of 7% * before residential rental income is included.* Introducing a prime investment opportunity on the corner of 58th and Baltimore Ave! This mixed-use property at 946 South 58th St, zoned CMX-1, boasts a total of 5 units, featuring 3 versatile commercial spaces - all of which are leased and already cash flowing on the ground floor. Above, you'll find two spacious and vacant 3-bedroom, 1-bathroom residential apartments each with large, eastern facing balconies as well windows with southern views, offering the perfect canvas for total renovation and customization. Located on a busy intersection in West Philadelphia, this property presents an excellent chance for both commercial and residential income streams. Currently the commercial tenants have triple net leases for 1.5 more years with the option to review for 5 years (cafe) and 3 years (check cashing) respectively with rents increasing May 2024 and August 2024. The property's strategic location and potential to earn additional cash flow from the two residential spaces - once renovated - make this an opportunity you do not want to miss out on. Schedule a viewing today and explore the potential of this diamond in the rough!
Investor Alert in University city!! New developments are around the neighborhood. This building has three floors. Chinese take-out restaurant is on the 1st floor. The tenant will move out after the sale. The kitchen equipments are included. The 2nd floor and 3rd floor are apartments. Sell as is. The owner is not going to repair anything.
Welcome to 5559-61 Baltimore Ave! Currently operating as a place of worship, this massive corner lot and building just needs your creativity! Great opportunity for any business looking for a place of operation or would make for an even better development opportunity. The property has an unfinished second floor and basement that both stretch the entire size of the building. Make your appointment today!
Investor Opportunity! Zone CMX-2, this property allows for endless possibilities. The property is in need of full renovation. Just off of Cedar Ave, 606 S 60th St is on a bustling commercial corridor with restaurants, shops, daycares, convenience stores, restaurants, and other businesses all nearby. Don't miss your opportunity!
Calling all commercial investors and developers for an excellent development opportunity in Kingsessing. This large corner property has a lot size of 70 x 125 or 8,750 SqFt with a curb cut on the 49th Street side leading to ample parking. The building currently has 4 commercial units totalling 6,810 SqFt and current occupants include a laundromat, a convenience store, a church and one vacant unit. All leases are on a month to month contract allowing for the property to be delivered occupied or vacant at closing. The size and zoning of this property allows for the addition of 15 to 20 residential units by right. Alternatively, the current building could be demolished in order for the construction of a large new condo or apartment building with commercial units on the first floor. Additional features include its convenient location next to multiple transit lines, the 13 Trolly servicing The Darby Transportation center to Market East Jefferson Station, and Septa regional rail Media/Wawa Line, with service from Media station to center city and Temple University. It is also in walking distance to shopping and nightlife on Baltimore Ave. and a short commute to UPenn, Drexel University and Center City.
Welcome to this exceptional mixed-use property that offers a blend of commercial and residential spaces, perfect for investors and entrepreneurs. This versatile property consists of a spacious store front on the ground level and two one-bedroom units on the main and upper floors, making it a prime investment opportunity with various income streams. This move-in-ready building also opens doors to a profitable Airbnb venture. Take advantage of the bustling tourism scene in Philadelphia by hosting travelers in this well-appointed property. Each unit has been fully renovated with stylish finishes and offers open floor plans, separate utilities, and spacious living or work areas, adding to the allure of 5715. It is also Conveniently located in a vibrant neighborhood with a strong sense of community. Easy access to public transportation and urban amenities make it an attractive destination for renters and business patrons. Arrange your showing to experience the potential of this mixed use property firsthand!
We are thrilled to present an unparalleled investment opportunity in the heart of West Philadelphia's University City: our prestigious 5-unit new construction building, a testament to modern urban living and sound real estate investment. Each meticulously designed unit within this property embodies sophistication, featuring high-end finishes like quartz countertops and contemporary fixtures, setting new standards for luxury living in Philadelphia. The crowning jewel of this building is its expansive rooftop deck, offering views of the city skylineâan exceptional space for both relaxation and entertainment. In addition to its aesthetic appeal, this property is engineered for convenience. Every unit is equipped with in-unit laundry facilities, ensuring your tenants' comfort and satisfaction. The open-concept layouts maximize natural light, creating inviting spaces that resonate with potential occupants. With strategic proximity to esteemed educational institutions, world-class healthcare facilities, and vibrant cultural hubs, this property promises a steady stream of discerning tenants. Beyond its allure as a residential haven, this building stands as a robust investment opportunity. Its potential for lucrative rental income, coupled with the burgeoning growth of the University City area, ensures a promising return on your investment. Moreover, the property's modern amenities and prime location make it a sought-after residence, guaranteeing high occupancy rates and maximizing your revenue potential. We invite you to schedule a private tour of this exceptional property, allowing you to witness firsthand the blend of luxury, convenience, and profitability it offers. Join us in shaping the future of Philadelphia's real estate landscape. Don't miss the chance to make this outstanding investment yours.
One sty. auto repair shop with two bays, an office and two half baths. Price does not include two lots directly behind it at 1411 and 1413 S. Hanson Street. The se two properties will be sold under separate, individual listings.
Great opportunity to own update commercial space. First floor is presently being used as Sneakers, Boots and Shoes Store.
446-448 S. 52nd Street, Philadelphia, PA, 19143. This mixed-use investment property, located in the Kingsessing Neighborhood of West Philadelphia. 2 TAX ID numbers on court records: 871254700 and 871254750 sold as a package. Cap Rate:10.76 Rents; 446 S 52nd - 2 x 3 bedrooms/1 bath - $1400/month 448 S 52nd - 2 x 2 bedrroms/1 bath - $1300/month Retail: $4,600/month Gross Monthly: $10,000 Expenses: Real Estate Taxes:
Investor Opportunity! This commercial/mixed-use property was formerly used as a successful Daycare Center along with property 430 South 52nd Street pre-Covid. You could convert it back to a storefront/commercial space on the first floor, an apartment on the second and third floors. This property allows endless possibilities. Across from Malcolm X Park and close to transportation. This property is being sold in as-is condition. Preferred to be sold as a package includes properties 426(land), 430, & 432 South 52nd Street. The seller will consider selling separately.
Investor Opportunity! This commercial/mixed-use property was formerly used as a successful Daycare Center along with property 428 South 52nd Street pre- Covid, You could convert it back to a storefront / commercial space on the first floor with an apartment on the second and third floors. This property allows endless possibilities, Each floor has a bathroom, and a full commercial kitchen on the third floor with other rooms throughout. A large size backyard. Across from Malcolm X Park, close to transportation. The property is being sold in as-is condition Preferred to be sold as a package includes properties 426(land), 428, & 432 South 52nd Street. The seller will consider selling separately.
Commercial mixed-use corner property. Great opportunity for investors - Large shell in the University City, already demoed and ready for your imagination. Separate entrances for all floors including basement, Nice size back yard New windows throughout. Cross from Malcolm X Park. Preferred to be sold as a package including 426 (land),428, and 430 South 52nd Street. The seller will consider selling separately.
Full 10 Year Tax Abatment! Commercial Store Front Condo on busy 52nd street! This location gets a ton of street traffic and is ideal for a new business. This is a bi-level raw space with 1715 sq ft. Can be purchased individually or with the entire building! Well located close to the Park. Baltimore Avenue, market street, University City, University of the Sciences, etc. All units in building are 2 Bedroom, 2 full Bathroom apartments. $279k/each. The entire building is for sale for $1,100,000. All condo docs are complete.
Chic Mediterranean Restaurant with Liquor License, established llc, with Indoor/Outdoor Seating in University City, Philly! Discover the epitome of culinary excellence with this exquisite Mediterranean restaurant/bar nestled in the heart of Baltimore ave. Boasting a prime location, a coveted liquor license, and both indoor and outdoor seating, this restaurant presents a rare chance to own a popular income producing establishment in one of the city's most vibrant neighborhoods. Key Features: - Mediterranean Culinary Delights: Experience the rich flavors and aromas of Mediterranean cuisine expertly crafted with the finest ingredient, Elegant Interior: Step into a thoughtfully designed space that exudes sophistication and warmth. The interior seamlessly blends modern aesthetics with traditional Mediterranean accents, creating a truly inviting ambiance. - Versatile Outdoor Oasis: Entice guests to the charming outdoor seating area. Surrounded by the energy of Baltimore ave, this oasis offers a unique experience that sets your restaurant apart. - Established Patronage: Benefit from a loyal and diverse customer base drawn to the restaurant's exceptional cuisine, welcoming atmosphere, and convenient location! - Turnkey Operation: The restaurant is fully equipped and operating with a full staff allowing you to seamlessly take the reins and continue its success story. - Growth Potential: There's ample room for expansion and growth, whether by introducing new menu offerings, accepting door dash and Uber eats orders, extending operating hours, or catering to private events and parties. Don't miss out on this golden opportunity to own this University City Gem. Whether you're an experienced restaurateur looking to expand your portfolio or an aspiring entrepreneur with a passion for food, this turnkey establishment is ready to welcome its next visionary owner. Inquiries and private viewings are welcome. Contact us today to seize this extraordinary chance to become a part of Philadelphia's culinary legacy!" Seller will consider owner financing. Real Estate Not Included, Business Only!
A fantastic opportunity to acquire a premium, fully occupied, and well managed portfolio of 31 single-family properties centered in and around the burgeoning Cobbs Creek neighborhood in West Philadelphia. All 31 parcels are situated in a tight geographic area ideal for management and enhanced economies of scale. In a red hot neighborhood with some under-valued rents and significant capital appreciation opportunity. If desired, enjoy the flexibility to improve and/or spin-off certain assets and hold the rest. Professionally managed package (property manager can remain, at buyerâs option). These fully occupied 31 townhomes present an advantageous investment opportunity in a rapidly improving West Philadelphia neighborhood, close to amenities, public transportation, Cobbs Creek Trail, and other developments. Inclusive of those developments is a $65 million commitment by the city of Philadelphia, The Cobbs Creek Foundation, and The TGR Foundation (founded by Tiger Woods) to revamp the existing golf course (Philadelphia's oldest course), enhance the public space, and create an educational campus for local youth. The Cobbs Creek Environmental Center has also planned significant improvements. NOTE--24 3BR homes, six 4BR homes, one 5BR home. The full 31-property portfolio includes (with their OPA Account #âs): 131 N 55th Street (0411588000). 1410 N Hirst Street, (342327100). 1517 N 56th Street, (041349500). 1531 N Robinson Street, (342274100). 1633 N 60th Street, (3421960001234). 1847 S 54th Street, (512085600). 516 S 59th Street, (032198600). 5355 Irving Street, (603054300). 5513 Irving Street, (604057300). 5542 Larchwood Avenue, (463004200). 5624 Rodman Street, (463031900). 5639 Montrose Street, (463141400). 5642 Broomall Street, (513114000). 5717 Addison Street, (604126500). 5731 Rodman Street, (463029200). 5734 Rodman Street, (463035200). 5745 Addison Street, (604127900). 5752 Pemberton Street, (463072700). 5757 Walton Street, (463081300). 5787 Stewart Street, (043219500). 5816 Washington Avenue, (033113800). 5825 Angora Terrace, (034019500). 5837 Hoffman Avenue, (034039100). 5908 Christian Street, (033063200). 5910 Webster Street, (033030300). 6021 Christian Street, (033053800). 6037 Irving Street, (031103100). 6111 Irving Street, (031104700). 6137 Locust Street, (031089100). 629 N Frazier Street, (043062900). 651 N Peach Street, (442340800).