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Listed by Stuart C Cohen • KW Empower
$325,000
Est. payment /mo
2,118 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,118 sqft
Price per Sqft $153
Subdivision Point Breeze
MLS Listing ID PAPH2517112
Year Built 1915
Annual Tax Amount $2,807
Tax Year 2024
Lot Size 1,240 Sqft
Acres 0.03
Lot Dimensions 16.00 x 78.00
Property Sub-Type Mixed Use
Source 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
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871549490
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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