3,500 SqFt
3,500 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $102
MLS Listing ID PAPH2483534
Year Built 1915
Available Date 2025-05-22
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
Prime opportunity in booming Point Breeze with endless potential. Welcome to 1427 Point Breeze Avenue – a mixed-use triplex featuring (1) commercial unit on the ground floor and (2) residential units above, each designed as a 1-bedroom, 1-bathroom apartment. A full third story has been added to the existing structure, expanding the building's footprint and income potential. This property is mid-construction and will not be delivered in finished condition, giving investors and builders the chance to complete the project to their own specifications. Estimated rental income upon completion is approximately $4,100/month, making this an outstanding value-add investment in one of South Philadelphia's most active corridors.
The commercial unit offers great visibility and access along busy Point Breeze Avenue, ideal for a retail shop, café, or office. The residential units feature spacious layouts with tons of natural light and are well-suited for long-term rental or short-term stays. Located just minutes from Center City, with public transportation nearby and surrounded by new development, this property sits in a high-demand area for both tenants and businesses.
Property is being sold in AS-IS condition. Buyer is responsible for Use & Occupancy (U&O) certificate. Don't miss your chance to bring this nearly-complete project to the finish line and create a fully cash-flowing asset in a rapidly appreciating neighborhood.
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning CMX2
Interior
Hot Water None
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
View Street
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
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Standard
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12320 Academy Rd, Philadelphia, Pennsylvania, 19154, USA