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50 S 60th Street
Philadelphia, PA 19139

$300,000 - Status: ACTIVE
SQFT: 2,745
MLS# PAPH2675614

Excellent Mixed-Use Investment Opportunity in a Prime Location! This well-positioned 3-story mixed-use property offers an excellent opportunity for an investor seeking multiple income streams and strong rental potential. The property features three income-producing units, including a street-level commercial storefront and two spacious 3-bedroom residential apartments. The commercial storefront is currently rented for $1,700/month, providing immediate income and excellent visibility in a high-traffic location. The two residential 3-bedroom apartments generate $1,000/month and $1,400/month, respectively, creating a total current gross rental income of $4,100 per month, or $49,200 annually. With a desirable mix of commercial and residential income, relatively low taxes and insurance, and strong rental demand in the area, this property offers an attractive opportunity for investors looking for cash flow and long-term potential. Conveniently located near the 60th Street Terminal, public transportation, shopping, restaurants and neighborhood amenities, the property benefits from excellent accessibility and visibility. Three income-producing units + $49,200 in current annual gross rental income + low operating costs = an excellent investment opportunity. Whether you're looking to add to your portfolio or seeking your first income-producing property, this property offers a compelling combination of location, income and investment potential.

Property Features

MLS#: PAPH2675614
Zip: 19139
Subdivision:
Development: Philadelphia
Property Type: Multi Unit - Multiple
Number of Units: 3
Cooling: None
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Bi-level
Lot Size: 0.02 acres
Taxes: $2,682
Year Built: 1925

Feature Descriptions

Accessibility: 2+ Access Exits
Additional Structures: Above Grade
Exterior: Block
Lot Dimensions: 0.02 Acre(S)
Municipality: PHILADELPHIA
Sewer: No Septic System
Structure Type: Interior Row/Townhouse
Three Bedroom Units: 2
Units: 3
Water: Public

Local Schools

School District: PHILADELPHIA CITY

50 S 60th Street | MLS# PAPH2675614

This multi-family property located at 50 S 60th Street , Philadelphia, PA 19139 is currently listed for sale with an asking price of $300,000. S 60th Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on parmellino.lewith-freeman.com today.

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Devon-Wayne
Agency Phone: 6106478300

Shown By

Agent Name: Patty Armellino
Agent Phone: (570) 947-8445
Agency Title: Lewith & Freeman

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AGENT INFORMATION

Lewith & Freeman Patty Armellino (570) 947-8445

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Estimated Payment

$ 2,019.36 per month $1,708.36 Principal & Interest $223.50 Property Tax $87.50 Homeowner's Insurance

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