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$1600

850-s-56th-street-philadelphia-pa-19143

3

beds

3

baths

1500

sqft

Mixed Use 3 story Property

Built in 2021

5,662 sqft lot

Yearly Rent $36,000.00

Monthly rent $3000.00

$147/sqft


What's special

Prime Mixed-Use Property in Philadelphia, PA

Nestled at 850 S 56th Street, Philadelphia, PA 19143, this three-story mixed-use property presents an enticing investment opportunity in a vibrant urban locale. With its diverse rental offerings and strategic location, this property is poised to deliver both stable rental income and long-term appreciation.

First Floor Commercial Space

The ground floor features a versatile storefront, ideal for a range of commercial endeavors. Offering ample space and visibility, this storefront commands a monthly rent of $1600.00, providing an attractive income stream for business-minded investors.

Residential Units

The upper floors of the property house well-appointed residential units, catering to the diverse needs of tenants seeking comfortable urban living.

* Second Floor: A spacious three-bedroom apartment awaits on the second floor, commanding a rent of $1500.00 per month. With its generous layout and modern amenities, this unit appeals to families and professionals alike.

* Third Floor: The third floor is divided into two units:

   * A two-bedroom apartment with a monthly rent of $1400.00, offering ample space and privacy for tenants.

   * A cozy one-bedroom apartment, available for rent at $1000.00 per month, providing an affordable housing option in the heart of the city.

Convenient Location

Situated in a thriving neighborhood, this property benefits from its proximity to public transportation options, making it easy for residents to navigate the city with ease. Nearby amenities, including shops, restaurants, and parks, enhance the appeal of this sought-after location.

Investment Potential

With its mixed-use configuration and strong rental demand, 850 S 56th Street represents a compelling investment opportunity. Whether you're a seasoned investor or exploring your first venture in real estate, this property offers the potential for steady cash flow and appreciation over time.

Seize the opportunity to own a piece of Philadelphia's dynamic real estate market. Contact us today to schedule a viewing and unlock the potential of 850 S 56th Street!

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