$ 319,900
-
$319,900
Price -
0
Bed -
0
Bath -
4,191
SqFt
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About the Listing PRFCTPLC - 3154431
Investor alert! Corner CMX-2 mixed-use value-add with major upside. This 4000+ sf property includes a street-level commercial unit plus multiple residential units: 1BR (1st floor rear), 1BR (2nd floor rear), 2BR (2nd floor front), and a 3rd-floor shell ready for your build-out—configure as a 3BR or potentially two additional units to increase income (buyer to verify zoning/use, permits, and unit count). Separate utilities support efficient operations and strong long-term rental performance. The property needs work, but the layout, zoning, and unit mix create a clear path to stabilization and cash flow. With renovations and the right leasing strategy, income potential can approach $10,000/month with Section 8 tenants (buyer to verify voucher amounts, payment standards, inspections, and eligibility). With relatively low baseline holding costs (taxes/insurance/water per seller), this is a strong candidate for high NOI and attractive cap rate potential once stabilized. Schedule your showing today!
Listing Highlights
Status
Active
Days on Site
103
Property Type
Commercial Sale
MLS ®
PAPH2577886
Year Built
1915
Total Square Footage
4,191
Lot/Acreage
0.05
County
Philadelphia
Neighborhood
West Philadelphia
Area
19131 (19131)
School District
Philadelphia City
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Hot Water,Radiator,Baseboard - Electric
- Fireplaces:
- Floor: Laminated
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 20.00 x 101.00
- Zoning: CMX2
- Roof: Flat
- Others: Very Good,Major Rehab Needed
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $3,064
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
5501 Lansdowne Ave Philadelphia, PA 19131
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