868-70 N 44TH ST new to site

Philadelphia,PA 19104

$ 700000

- Bed

- Bath

3265 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,265 sqft

Price per Sqft $214

MLS Listing ID PAPH2529264

Year Built 1920

Annual Tax Amount $1,130

Tax Year 2025

Lot Size 3,265 Sqft

Acres 0.07

Lot Dimensions 36.00 x 90.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

868-70 N 44th St, Philadelphia, PA – Mixed-Use 6 Unit Investment Property

Outstanding investment opportunity in Philadelphia! This mixed-use property features 6 total units (2 commercial 1st floor units and 4 residential units) with central air, that generates a strong monthly income of $6,505. Property was gut-renovated in 2018 and has a 10-year tax abatement through 2029 for incredibly low taxes. The neighborhood is booming with new development with more projects planned for the future as well!
• Commercial Unit 1: $1,410/month
• Commercial Unit 2: $1,390/month
• Residential Unit 1: $915/month
• Residential Unit 2: $915/month
• Residential Unit 3: $900/month
• Residential Unit 4: $945/month (starting 9/1)

All units are certified lead free, giving peace of mind for tenants and investors alike.

Residential units all have in-unit laundry, solid hardwood flooring, and granite countertops. Buildings are fully sprinklered with fire alarm panel.

Property has 6-car off-street parking in the rear (in addition to parking and private trash storage at 866 N 44th St), plenty of semi-private street parking in the rear parking lot, and a semi-private community garden on the block.

This listing includes the adjacent vacant lot at 866 N 44th St.

Whether you're looking to expand your portfolio or step into a fully occupied, income-producing property, this is a rare opportunity in a growing area of the city.

Showings of 868 N 44th St are only allowed with a signed offer. 870 N 44th St #1 and residential units can be shown but only to qualified prospects.

Strong preference will be given to Buyers with offers that include 4400 Lancaster Ave.

Owner is a licensed real estate agent.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning CMX2

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871510775

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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