PA > Philadelphia > Philadelphia (South)
Philadelphia, PA 19147,113 SOUTH ST
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Lethea Myers

Lethea Myers

+1(717) 572-9513
$ 1,100,000
Est. payment | /mo

2,928 SqFt

Save
$ 1,100,000
Est. payment | /mo
Save

2,928 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,928 sqft

Price per Sqft $375

Subdivision Philadelphia (South)

MLS Listing ID PAPH2439066

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $8,584

Tax Year 2024

Lot Size 1,151 Sqft

Acres 0.03

Lot Dimensions 17.00 x 70.00

Property Description

This is a rare opportunity to own a FULLY RENOVATED, four-unit building located in the highly sought-after Queen Village neighborhood. The property is ideally situated in the heart of the area, offering both excellent foot traffic and a vibrant community atmosphere. The first floor features a WELL-ESTABLISHED hair salon helping to provide a steady stream of income.
The remaining three units consist of two spacious 1-bedroom apartments and one 2-bedroom apartment, each designed to appeal to today's renters with modern finishes, ample natural light, and attractive layouts. These units are highly marketable, making them ideal for generating consistent rental income.
With a GROSS ANNUAL CASH FLOW OF OVER $93,000, this property presents a fantastic investment opportunity. Whether you're looking for a HIGH-PERFORMING addition to your real estate portfolio, seeking a prime location, or looking to JUMP INTO THE REAL ESTATE BUSINESS, and enjoying a steady stream of rental income, this building offers both versatility and FINANCIAL UPSIDE.

Location

State PA

County Philadelphia

Area 19147 (19147)

Zoning CMX1

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C, Ceiling Fan(s)

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Septic

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871023550

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Nancy L Alperin • MAXWELL REALTY COMPANY

GET MORE INFORMATION

agent
Lethea Myers

Partner | Lic# AB057316L

+1(717) 572-9513

950 N Hanover St, Elizabethtown, PA, 17022

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113 SOUTH ST