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Listed by Christos Tzimoulis • New Age Realty Group Inc
$400,000
Est. payment /mo
1,000 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision University City
MLS Listing ID PAPH2663780
Year Built 1915
Annual Tax Amount $4,262
Tax Year 2026
Lot Size 1,000 Sqft
Acres 0.02
Lot Dimensions 20.00 x 50.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Excellent investment opportunity available now! Sale price of $800,000 includes both 3834 and 3836 Lancaster Avenue. Both buildings must be sold together. Each building consists of a retail store on the first floor plus a bi-level, 3-bedroom, 2-bathroom apartment above. The first-floor retail space occupies the first floor of both buildings. All utilities are separate. All three units are fully leased. Total monthly rent roll is $5,550, or $66,600 per year. This mix-use property is exceptionally well located on bustling Lancaster Avenue in University City, just minutes from Drexel University, UPENN, Penn Presbyterian Medical Center, and more. Schedule your tour today!
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning CMX1
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 241140300
Ownership Fee Simple
Special Listing Condition Standard
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Nearby School & Business
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Jeanette Petrucelli
Broker Associate License ID: AB067317
Broker Associate License ID: AB067317