1427 POINT BREEZE AVENUE
Philadelphia, PA 19146
3500 sqft | 0.03 acres | #PAPH2483534
Description
Investor Alert! The property is framed and ready for finishing, featuring 3 total units - 1 commercial space and 2 residential units, each with 2 bedrooms.
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 2-bedroom, 1-bathroom apartment. A full third story has been added to the existing structure, expanding the building’s livable space and income potential. This property is mid-construction and will be sold in As-Is 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 and the buyer will be responsible for obtaining the U&O. 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.
Property Details
- Sewer InformationPublic Sewer
- SubdivisionPOINT BREEZE
- MLS #PAPH2483534
- MLS #PAPH2483534
- Property SubtypeMixed Use
- Square Feet3500.00
- ViewStreet
- Utility SourcePublic
- Taxes Annual$2,807
- Cost360000
- Acres0.03
- Year Built1915
Location
Legal
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Last Updated: . Source: BRIGHT
Listing Courtesy
Listing Agent: Maria Maria Quattrone Quattrone (#3151733)
Listing Office: RE/MAX @ HOME (#RM-ATHMP)
