2215 S 8th St, Philadelphia, PA 19148

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List Price
$295,000
Status
ACTIVE
MLS#
PAPH2674752
Lot Size (Acres)
0.02
Year Built
1925
County
Philadelphia
School District
Philadelphia City

Property Description

Rare mixed-use investment opportunity in the heart of South Philadelphia! This classic 1925 masonry building at 2215 S 8th St offers the best of both worlds: a street-level retail storefront with stable, in-place rental income PLUS a vacant 2-bedroom, 1-bath apartment upstairs. STOREFRONT: Currently leased at $1,100/month with $50 annual increases through 2029 - reliable cash flow from day one. UPSTAIRS APARTMENT: Vacant and ready - live in it yourself while the storefront pays the mortgage, or lease it at an estimated market rent of $1,400/month for a combined gross income potential of approx. $2,500/month. Approx. 1,500 sq ft of building area on a 765 sq ft lot. Zoned RSA5. Priced at $295,000. Whether you're an investor seeking strong rental returns or an owner-occupant looking to offset housing costs, this South Philly gem delivers. Schedule your showing today!

Additional Information

Area
19148 (19148)
School District
Philadelphia City
Heating
Baseboard
Cooling
None
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of BY Real Estate. Contact: