Newly Repriced! High-Yield Investment Opportunity - 13.24% Cap Rate in a Federal Opportunity Zone. This prime corner mixed-use property delivers strong cash flow and is situated within a designated Federal Opportunity Zone, offering significant tax incentives for the savvy investor. Currently designed as a fully equipped neighborhood grocery store, the… Read More retail space includes shelving, refrigeration units, and a deli counter - all included in the sale. Above the store is a spacious two-bedroom, one-bath residential unit featuring a living room, a kitchen with a combined dining area, and a private deck. Additionally, the property includes a roughed-in studio space at the rear of the first floor - perfect for expanding residential income, additional storage for the corner store or reimagining as a home office, flex space or Airbnb. The commercial space also has direct basement access for storage, via the interior or the Bilco door entrance from the street.This is a versatile, income-producing asset with excellent value-add potential in a high-demand location - ideal for both seasoned investors and new entrants seeking long-term growth with built-in tax advantages. Needs TLC but the value is there for a savvy investor. Easy to see with no tenants. Read Less
Courtesy of Kate Vail, Elfant Wissahickon-Rittenhouse Square [email protected]
Listing Snapshot
Days Online
32
Last Updated
Property Type
Townhouse
Square Ft.
1,824
Lot Size
0.03 Acres
Year Built
1925
MLS Number
PAPH2482052
30 Days Snapshot Of 19131
$246k
-22%
(avg) sold price
24
-27%
homes sold
41
-10%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
1,824 sqft living area, Built in 1925, Structure Type: End of Row/Townhouse, 2 units in building, Straight Thru, Masonry
Cooling
Electric, Window Unit(s)
Floors
Engineered Wood, Hardwood, Ceramic Tile
Foundation
Brick/Mortar
Heating
Natural Gas, Baseboard - Hot Water
Income
Apartment Rentals, Shop Rentals
Lot
1,253 sqft, Lot Size Dimensions: 16.00 x 78.00, 0.03 acres
Property
Other Structures: Above Grade, Below Grade, 1 two-bedroom unit
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
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