Description
Turnkey CMX mixed-use property offering an excellent opportunity for investors, business owners, or owner-occupants. The property features four efficiency apartments, with three currently leased and one vacant, providing immediate income with additional upside. The fully renovated commercial space, formerly operated as a daycare, is vacant and ready for its next owner or tenant.Whether you're looking to expand your investment portfolio, operate your business on-site, or live in one unit while generating rental income from the others, this property offers exceptional flexibility. The CMX zoning allows for a variety of commercial uses, making it ideal for daycare, office, retail, professional services, and more (buyer to verify intended use).The property has been thoughtfully updated and is move-in ready, allowing the next owner to begin generating income immediately without the need for renovations. In addition to ample street parking, the property also features a two-car garage in the rear, providing valuable off-street parking for owners, tenants, or business customers.Conveniently located near public transportation, shopping, schools, and major roadways, this is a rare opportunity to own a versatile, income-producing property in West Philadelphia.Current Gross Annual Income3 occupied units = $33,600/yearPotential Gross Annual Income (once fully leased):4 efficiency units approx $44,400/yearCommercial space (estimated at $2,000–$2,800/month): $24,000–$33,600/yearPotential Gross Income: $68,400–$78,000/yearSchedule your private showing today.
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Description
Turnkey CMX mixed-use property offering an excellent opportunity for investors, business owners, or owner-occupants. The property features four efficiency apartments, with three currently leased and one vacant, providing immediate income with additional upside. The fully renovated commercial space, formerly operated as a daycare, is vacant and ready for its next owner or tenant.Whether you're looking to expand your investment portfolio, operate your business on-site, or live in one unit while generating rental income from the others, this property offers exceptional flexibility. The CMX zoning allows for a variety of commercial uses, making it ideal for daycare, office, retail, professional services, and more (buyer to verify intended use).The property has been thoughtfully updated and is move-in ready, allowing the next owner to begin generating income immediately without the need for renovations. In addition to ample street parking, the property also features a two-car garage in the rear, providing valuable off-street parking for owners, tenants, or business customers.Conveniently located near public transportation, shopping, schools, and major roadways, this is a rare opportunity to own a versatile, income-producing property in West Philadelphia.Current Gross Annual Income3 occupied units = $33,600/yearPotential Gross Annual Income (once fully leased):4 efficiency units approx $44,400/yearCommercial space (estimated at $2,000–$2,800/month): $24,000–$33,600/yearPotential Gross Income: $68,400–$78,000/yearSchedule your private showing today.
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