Homes for sale - 1952 N 24TH ST, Philadelphia, PA 19121

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Patrick Smith

patricksmith.sales@gmail.com +1(202) 255-4704

Listed by Ramon D Caceres Jr. • Penn Liberty Real Estate

$ 287,000

Est. payment | -/mo

2,178 Sqft Lot

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$ 287,000

Est. payment | -/mo

Save

2,178 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2556308

Year Built 1940

Annual Tax Amount $937

Tax Year 2025

Lot Size 2,178 Sqft

Acres 0.05

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

This exceptional commercial property, originally constructed in and early 1900"s renovated in 2022, presents a unique investment opportunity with significant potential for returns. The recent renovations have elevated the property to excellent condition, featuring durable masonry construction and modern luxury vinyl plank flooring, ensuring low maintenance and high tenant appeal. Strategically located within proximity to public transportation options, including a bus stop less than one mile away and commuter lots within five miles, this property is poised to attract a diverse range of tenants. The compact lot size of 0.05 acres allows for efficient management while maximizing rental income potential. Investors will appreciate the comprehensive management structure in place, covering essential services such as real estate taxes, water, trash collection, snow removal, sewer maintenance, repairs, pest control, and insurance. This streamlined approach minimizes operational burdens and enhances profitability. The property's excellent condition and strategic location make it an attractive option for both long-term and short-term rental strategies. With the ongoing demand for commercial spaces in well-connected areas, this property stands as a promising asset for investors seeking to capitalize on the growing market. In summary, this property not only offers a solid foundation for immediate cash flow but also positions itself for appreciation in value, making it a prudent addition to any investment portfolio.

Location

State PA

County Philadelphia

Area 19122 (19122)

Zoning CMX1

Interior

Hot Water Natural Gas

Cooling Central A/C

Flooring Luxury Vinyl Plank

Inclusions all appliances

Heat Source Natural Gas

Exterior

Utilities Available Electric Available, Natural Gas Available, Sewer Available

Water Access N

Roof Type Flat

Accessibility 2+ Access Exits

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 322152100

Ownership Fee Simple

Special Listing Condition Standard

Learn More About LPT Realty

Patrick Smith

Realtor | License ID: 658929

patricksmith.sales@gmail.com

+1(202) 255-4704

1952 N 24TH ST Philadelphia, PA 19121

Patrick Smith

Key Details

Location

Interior

Exterior

Building

Schools

Others

Learn More About LPT Realty

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1952 N 24TH ST