This commercial mixed-use property offers versatile opportunities for various business endeavors. The first floor boasts a spacious office space with a kitchen and half bathroom, currently utilized for personal use. It was was once used as a professional office space. With appropriate use variances, it can easily be adaptable for professional purposes such as a variety store, restaurant, a second apartment or other commercial ventures. On the second floor, there's a spacious two bedroom apartment with a separate living room, kitchen and full bathroom. Additionally, the convenience of a washer and dryer in the kitchen adds value to the living space. Currently, there's a tenant occupying the apartment on a month-to-month lease, paying $1,000 monthly. The tenant is responsible for covering all utilities, making this an appealing investment opportunity with immediate rental income. With its flexible layout and established rental income, this property presents an attractive option for investors or business owners seeking a versatile commercial space. Finally, the first floor has interior access to a finished basement, further enhancing its appeal and potential uses by providing extra space for storage, additional office space, or even potential expansion of the living area. This feature adds to the property's versatility and value, making it an even more attractive investment opportunity for prospective buyers or business owners looking to maximize space utilization.
Property Type :
Multi-Family
Subdivision :
Melrose
County :
PHILADELPHIA
Style :
Multi-Family
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ByOwner last updated this listing 05/04/2024 @ 04:48
MLS: PAPH2339292
LISTED BY: William E. Edward Furia , Coldwell Banker Realty
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
