$ 3,500,000
-
$3,500,000
Price -
0
Bed -
0
Bath -
4,374
SqFt
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About the Listing CSTLRLTY - 3178188,3361382
Rare opportunity to acquire a mixed-use property in the heart of Chinatown, Philadelphia, one of the most vibrant and sought-after neighborhoods in Philadelphia. This versatile building features four residential units and one street-level commercial storefront, offering strong income potential for both investors and owner-operators. The property includes two spacious 2-bedroom apartments and two 1-bedroom apartments, along with a ground-floor retail space currently occupied by a mini-mart with a long-term lease. The commercial tenant pays $3,000/month plus one-third of the real estate taxes and one-third of the property insurance, providing a stable income stream. One 1-bedroom unit is currently rented for $800/month on a month-to-month lease, while the remaining residential units are vacant after being previously occupied by family members, offering immediate value-add potential for new ownership. With rental demand in the area strong, 2-bedroom units in the neighborhood commonly command $1,500–$1,800 per month. The property does require some updates, presenting an excellent opportunity for investors to renovate, increase rents, and maximize returns in a prime Center City location surrounded by restaurants, shopping, and convenient transportation. For additional information or to schedule a showing, please contact the listing agent.
Listing Highlights
Status
Active
Days on Site
5
Property Type
Commercial Sale
MLS ®
PAPH2594726
Year Built
1930
Total Square Footage
4,374
Lot/Acreage
0.04
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Baseboard - Electric,Radiator
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 18.00 x 91.00
- Zoning: CMX4
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $15,122
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
119 N 11th St Philadelphia, PA 19107
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