113 South St - Storefront Retail/Residential FOR SALE


Philadelphia, PA 19147- Society Hill
$1,100,000 USD
215-620-0099
113 South St, Philadelphia, PA for Sale
$1,100,000 USD
Storefront Retail/Residential - FOR SALE
1/4
null | 8.45% Cap Rate

113 South St
Philadelphia, PA 19147
Society Hill


HIGHLIGHTS

  • FULLY RENOVATED
  • Four-unit building
  • Queen Village
  • Excellent foot traffic
  • Modern finishes
  • Ample natural light

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$376 USD /SF

CAP RATE

8.45%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

C1, Philadelphia

APN/PARCEL ID

871023550

ASK ABOUT THIS PROPERTY

Nancy AlperinMaxwell Realty CompanyMore Info
215-620-0099

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Nancy AlperinMaxwell Realty CompanyMore Info
215-620-0099

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.