2215 W Lehigh Ave - Residential Income FOR SALE


Philadelphia, PA 19132- Allegheny West
$285,000 USD
215-607-3535
2215 W Lehigh Ave, Philadelphia, PA for Sale
$285,000 USD
Residential Income - FOR SALE
1/23
null | Request Cap Rate

2215 W Lehigh Ave
Philadelphia, PA 19132
Allegheny West


HIGHLIGHTS

  • Prime Mixed-Use Property In A High-Traffic Location!
  • Fully Equipped 1st-Floor Commercial Space Previously Rented For $2,200/Month!
  • Spacious 3-Bed, 1-Bath Apartment Renovated 2 Years Ago!
  • All Restaurant Equipment Included In The Sale!
  • Unfinished Basement With Washer & Dryer For Added Convenience!
  • High-Visibility Spot On W Lehigh Ave Perfect For Business & Rental Income!

OVERVIEW

Don't miss this incredible investment opportunity right on the busy street of W Lehigh Ave! This versatile mixed-use property features a fully renovated first-floor commercial space, formerly leased for $2,200/month, now ready for a new tenant or owner-occupant. The first floor is already set up as a fast food restaurant with all the equipment already in place. All the equipment will be included with the sale of the property as well. The second floor boasts a spacious 3-bedroom, 1-bathroom apartment, renovated just 2 years ago, with beautiful hardwood floors throughout the bedrooms. This unit offers an excellent opportunity for rental income or owner-occupancy. An unfinished basement includes a washer and dryer, adding extra convenience. The property is situated in a high-visibility, high-traffic area, making it a prime location for any business. This turnkey investment is being sold AS-IS. Whether you're an investor looking for strong rental income potential or a restaurant entrepreneur seeking a space to operate your business while generating passive income, this property has it all. The commercial space is in turn key condition and all equipment is included in the sale. Nearby dining options include Peppers Restaurant, Down North Pizza, and Mercado Food Market, among many others. For schools, the area is served by Thomas M. Peirce School, Strawberry Mansion High School, and several others. Convenient grocery stores in the neighborhood include Dave’s Meat Market, CTown Supermarkets, and Lora Mini Market, along with various local markets. Commuters will appreciate being just one minute away from the Manayunk/Norristown Line, with easy access at the Allegheny stop. For outdoor recreation, nearby parks include Reyburn Park, Connie Mack Stadium, and Fotterall Square. Schedule your showing today!

FOR SALE DETAILS

PRICE

$285,000 USD

PRICE/SF

$139 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,216 SF

ZONING

RSA5

APN/PARCEL ID

871076500

ASK ABOUT THIS PROPERTY

Maria QuattroneRE/MAXMore Info
215-607-3535

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Maria QuattroneRE/MAXMore Info
215-607-3535

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