1,608 Sqft Lot
1,608 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2604900
Year Built 1900
Annual Tax Amount $12,360
Tax Year 2025
Lot Size 1,608 Sqft
Acres 0.04
Lot Dimensions 19.00 x 85.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
The residential section includes eight high-end apartments, ACCESSED VIA A PRIVATE, GATED ENTRANCE on Leithgow Street. The unit mix consists of four spacious TWO-BEDROOM APARTMENTS AND FOUR BI-LEVEL ONE-BEDROOM UNITS, all thoughtfully designed and finished to a premium standard.
Spanning approximately 8,000 square feet, this impressive DOUBLE-WIDE PROPERTY is situated in one of the city's most desirable and HIGH-TRAFFIC NEIGHBORHOODS. The location offers exceptional walkability, just steps from some of Philadelphia's most iconic historic attractions, including Old City landmarks, dining, shopping, and cultural destinations.
The two commercial spaces are occupied by established, creditworthy tenants under long-term leases, currently operating as a UPS store and a nail salon. Both storefronts benefit from strong visibility and multiple points of egress, enhancing their long-term desirability and functionality.
Residential units include HARDWOOD FLOORING, GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES, CUSTOM CHERRY CABINETRY, DESIGNER-TILED BATHROOMS, central air conditioning, and access to a ROOF TOP DECK.
All utilities—including water—are separately metered and paid directly by tenants, minimizing owner expenses and simplifying management.
With its prime location, high-quality construction, and reliable tenancy, the property offers a significantly stronger return profile compared to traditional banking or low-yield investments, along with consistent annual upside.
Location
State PA
County Philadelphia
Area 19147 (19147)
Zoning CMX3
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871299230
Ownership Fee Simple
Special Listing Condition Standard
Schools and Properties Nearby
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