868-70 N 44TH ST Philadelphia, PA 19104
UPDATED:
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
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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