$ 299,900
-
$299,900
Price -
4
Bed -
2.5
Bath -
2,160
SqFt
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About the Listing EXPREALP - 3318516
Turnkey Investment with Immediate Cash Flow! Positioned along a high-visibility corridor in Philadelphia, 1201 E Lycoming St presents a compelling income-producing opportunity with a strong unit mix and immediate revenue in place. This four-unit property includes three residential units and one street level store-front unit, creating multiple income streams within a single asset. The residential component consists of one 1-bedroom unit, one studio-style 1-bedroom unit, and one 2-bedroom unit. The street-level unit benefits from strong visibility and direct access, offering flexibility for a variety of permitted uses subject to buyer verification. The property generates in-place income with the street-level storefront and studio leased together for $1,135 per month, while the 2-bedroom residential unit is leased at $725 per month. The 1-bedroom residential unit is currently vacant, with a projected market rent of approximately $725 per month. For investors seeking an income-producing asset with existing cash flow and room for future value enhancement, this property represents a strong addition to a Philadelphia investment portfolio! Zoning to be verified by buyer.
Listing Highlights
Status
Active
Days on Site
11
Property Type
Residential
MLS ®
PAPH2592510
Year Built
1925
Total Square Footage
2,160
Lot/Acreage
0.03
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full / 1 Half
- Appliances:
- Air Cond: Ceiling Fan(s)
- Heating: Baseboard - Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2160
- Below Ground Sq Ft: 0
- Basement:
- Other: Main Floor Bedrooms: 2
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 20.00 x 74.00
- Zoning: RSA5
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $1,507
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
1201 E Lycoming St Philadelphia, PA 19124
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