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2345-47 E Somerset Street

PHILADELPHIA, PA 19134
  • $900,000
  • STATUS: Active
  • ON SITE: 10 Days
  • ID#: PAPH2562866
UPDATED: 18 min ago
$900,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1925
County:

School Information

Elementary School:
High School:

Description

This rare 3-unit, 2-building package includes a fully rented single-family home at 2345 E Somerset (4 beds/1.5 bath, leased at $1,850/month through 4/30/2026) and a prominent corner mixed-use duplex at 2347 E Somerset, anchored by a long-term wing shop tenant paying $3,500/month NNN with 6+ years remaining. The commercial tenant also uses the basement for office space, a half bath, and yard access for trash storage. The second-floor apartment is a freshly renovated 2-bedroom with a private deck, washer/dryer, dishwasher, central air, and all-new finishes; it is currently vacant with a projected rent of $1,300. This is an excellent pure investment play or an opportunity to live in either the apartment or the single-family home once available. Owning the adjoining property simplifies commercial management, and the location offers easy access to I-95, local retailers, and major shopping centers.

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Peak Asset Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-12-13T13:53:15.8.
www.zimmermanteam.com/homes/171044462
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2345-47 E Somerset Street PHILADELPHIA, PA 19134

  • Price: $900,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 18 min ago
  • ID#: PAPH2562866
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1925
Built
Neighborhood:
Port Richmond
County:
Philadelphia
Area:
19134 (19134)
Elementary School:
Richmond
Middle School:
Memphis Street Academy Charter School At J.P. Jone
High School:
Kensington
School District:
The School District Of Philadelphia
Property Description
This rare 3-unit, 2-building package includes a fully rented single-family home at 2345 E Somerset (4 beds/1.5 bath, leased at $1,850/month through 4/30/2026) and a prominent corner mixed-use duplex at 2347 E Somerset, anchored by a long-term wing shop tenant paying $3,500/month NNN with 6+ years remaining. The commercial tenant also uses the basement for office space, a half bath, and yard access for trash storage. The second-floor apartment is a freshly renovated 2-bedroom with a private deck, washer/dryer, dishwasher, central air, and all-new finishes; it is currently vacant with a projected rent of $1,300. This is an excellent pure investment play or an opportunity to live in either the apartment or the single-family home once available. Owning the adjoining property simplifies commercial management, and the location offers easy access to I-95, local retailers, and major shopping centers.
Exterior Features

Construction Materials Masonry Garage YN No Parking Types On Street Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3192.00 Cooling Central A/CWindow Unit(s) Flooring Ceramic TileLuxury Vinyl Plank Heating Forced AirRadiator Heating YN Yes Inclusions 2 Refrigerators2 washers2 dryers Net Square Feet 3192.00

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN Yes Cooling Fuel Electric Cross Street Aramingo Foundation Details Stone Gross Income 64200.00 Heating Fuel Natural Gas Hot Water Natural Gas Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 804332714330 Ownership Interest Fee Simple Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 4901.00 Total Actual Rent 79800.00 Transportation Bus Stop less than 1 mileCommuter Rail Station less than 1 mileMetro/Subway Station less than 1 mile Vacation Rental YN No Water Source Public Zoning CMX1

Listing courtesy of KW Empower: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Peak Asset Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-12-13T13:53:15.8.
 
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Peak Asset Realty
800 New Holland Ave Suite 271
Lancaster PA, 17602