Active
113 South St
Philadelphia PA, 19147
$1,100,000
$375.68 per sqft
Active
2,928 sqft
Commercial
Built in 1900
This is a rare opportunity to own a FULLY RENOVATED, four-unit building located in the highly sought-after Queen Village neighborhood. The property is ideally situated in the heart of the area, offering both excellent foot traffic and a vibrant community atmosphere. The first floor features a WELL-ESTABLISHED hair salon helping to provide a steady stream of income.
The remaining three units consist of two spacious 1-bedroom apartments and one 2-bedroom apartment, each designed to appeal to today's renters with modern finishes, ample natural light, and attractive layouts. These units are highly marketable, making them ideal for generating consistent rental income.
With a GROSS ANNUAL CASH FLOW OF OVER $93,000, this property presents a fantastic investment opportunity. Whether you're looking for a HIGH-PERFORMING addition to your real estate portfolio, seeking a prime location, or looking to JUMP INTO THE REAL ESTATE BUSINESS, and enjoying a steady stream of rental income, this building offers both versatility and FINANCIAL UPSIDE.
PAPH2439066
MLSⓇ ID
January 28, 2025
Listed
February 12, 2025
Updated
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Ceiling Fan(s)
Heating
Yes
Heating Description
Central, Natural Gas
Exterior/Building Features
Lot Size
0.03 Acres
Other Property Details
Area Name
PHILADELPHIA
Taxes
$8,584
Tax Frequency
Annually
Days on Market
1
Garage
No
Parking
On Street
View
No
County
PHILADELPHIA
Water Source
Public
Pool
No
Listed by MAXWELL REALTY COMPANY
Listing Contact: 2156200099
The IDX display contains information sourced from the Bright MLS, Inc. as of 2/12/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 2/12/2025 at 3:28 PM UTC
