Bought with Christian S Webb • Paramount Realty Inc
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Key Details
Sold Price $265,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 2,048 sqft
Price per Sqft $129
Subdivision Allegheny West
MLS Listing ID PAPH2467952
Sold Date 08/14/25
Style Traditional
Abv Grd Liv Area 2,048
Year Built 1925
Annual Tax Amount $1,028
Tax Year 2025
Lot Size 1,216 Sqft
Acres 0.03
Lot Dimensions 16.00 x 76.00
Property Sub-Type Other
Source BRIGHT
Property Description
Don't miss this incredible investment opportunity right on the busy street of W Lehigh Ave! This versatile mixed-use property features a fully renovated first-floor commercial space, formerly leased for $2,200/month, now ready for a new tenant or owner-occupant. The first floor is already set up as a fast food restaurant with all the equipment already in place. All the equipment will be included with the sale of the property as well.
The second floor boasts a spacious 3-bedroom, 1-bathroom apartment, renovated just 2 years ago, with beautiful hardwood floors throughout the bedrooms. This unit offers an excellent opportunity for rental income or owner-occupancy.
An unfinished basement includes a washer and dryer, adding extra convenience. The property is situated in a high-visibility, high-traffic area, making it a prime location for any business.
This turnkey investment is being sold AS-IS. Whether you're an investor looking for strong rental income potential or a restaurant entrepreneur seeking a space to operate your business while generating passive income, this property has it all. The commercial space is in turn key condition and all equipment is included in the sale.
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Location
State PA
County Philadelphia
Area 19132 (19132)
Zoning RSA5
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s)
Flooring Ceramic Tile, Hardwood
Equipment Refrigerator, Oven/Range - Gas, Stainless Steel Appliances, Stove
Fireplace N
Appliance Refrigerator, Oven/Range - Gas, Stainless Steel Appliances, Stove
Heat Source Natural Gas
Exterior
Water Access N
View Street
Accessibility None
Garage N
Building
Lot Description Corner, Rear Yard
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871076500
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Cash,Other
Special Listing Condition Standard
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