Active

MLS: #PAPH2657488, Listed By: Grace Velez, Mendez Homes and Investments, Source:Bright MLS

501 Rising Sun Avenue

PHILADELPHIA, PA 19140
Mark as Favorite
Bed 3

Bed

Bath 0

Bath

SqFt2,991

Sqft

Acres0.07

Acre(Lot)

Rare opportunity to acquire three separately deeded CMX-2 parcels consisting of one mixed-use commercial building and two adjoining side-by-side lots offering parking for approximately 6 to 10 vehicles, a covered outdoor entertainment pavilion, and endless possibilities for an owner-occupant, investor, or business owner. The vacant commercial storefront enjoys excellent visibility along a high-traffic corridor, making it an ideal location for a variety of businesses. The space features a storefront entrance, a half bath, access to a large unfinished basement for storage, and a direct interior connection to the first-floor apartment. The connecting door can remain for added flexibility or be closed off to create two completely separate spaces. The commercial basement also features direct e xterior access through bulkhead (Bilco-style) doors, allowing equipment, inventory, or other large items to be moved in and out without passing through the storefront. The 1st floor apartment offers a welcoming layout beginning with a foyer that opens into the living room and kitchen. Just beyond the kitchen is a full bathroom with a vanity, toilet, and shower, followed by a spacious bedroom with a large closet. A deck off the apartment provides outdoor space with stairs leading directly to the adjoining lots. The apartment is currently rented for $900 per month on a month to month lease. The 2nd floor apartment features 2 spacious bedrooms, a comfortable living room, dining room, and a kitchen enhanced by a skylight that fills the space with natural light. Both bedrooms offer generous closet space. This apartment also includes two decks, one off the kitchen and another off the living room with a built-in bench, providing additional outdoor living space. Stairs from the deck also lead directly to the adjoining lots. The building offers expansive unfinished basement space, with one section beneath the commercial storefront and another beneath the residential units, providing abundant storage and utility space. Utilities are currently serviced through a single electric meter, gas meter, and water service for the entire property. The two adjoining lots have been transformed into a unique outdoor entertainment area centered around a covered pavilion. The space features a bar area, television, lighting, and a versatile open area currently used for dining and entertaining. Additional improvements include a half bath, a small private office, workshop/storage room, a storage shed, an outdoor sink, landscaped garden beds, and a remote-operated security gate. Together, these features create a truly inviting outdoor oasis with endless possibilities for entertaining, relaxing, or supporting a business operation. The commercial building and both adjoining lots are zoned CMX-2, providing flexibility for a variety of commercial and mixed-use uses. Each parcel has its own separate deed, offering additional flexibility for future ownership, development, or investment opportunities.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $374,900

AD Id : 89262864

MLS Id : PAPH2657488

Beds : 3

Lot Size : 0.07 Acre

Living Area Size : 2,991

Year Built : --

County : PHILADELPHIA

Subdivision: Hunting Park

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 3

    Room Information

    Has Basement: Yes Basement: Unfinished
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Cooling: None

  • Building Information

    Building Area Total: 2991 Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.07 Lot Size Source: Estimated Lot Size Square Feet: 3049

    Property Information

    Subdivision: HUNTING PARK Source Property Type: Residential Income Property SubType: Duplex

  • Listing Price Information

    Listing Price: $374900

  • Tax Information

    Parcel Number: 871567510 Tax Lot: 352 Tax Year: 2026 Annual Tax: $1171

  • Parking Information

    On Street, Driveway

  • Location Information

    Direction: 5th & Rising Sun WaterSource: Public
Sell a home like this and save $21,995 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3427 N 2nd Street, Philadelphia, PA, 19140 $250,000 5 -- 2,180 2,180 SqFt
234 W Erie Avenue, Philadelphia, PA, 19140 $229,900 4 -- 1,064 1,064 SqFt
240 W Glenwood Avenue, Philadelphia, PA, 19140 $425,000 6 -- 2,467 2,467 SqFt
269 W Wingohocking Street, Philadelphia, PA, 19140 $179,999 4 -- 992 992 SqFt
521 W Westmoreland Street, Philadelphia, PA, 19140 $249,990 4 -- 1,320 1,320 SqFt
3245 N 6th Street, Philadelphia, PA, 19140 $209,900 3 -- 1,172 1,172 SqFt
3910 N Marshall Street, Philadelphia, PA, 19140 $225,000 4 -- 1,290 1,290 SqFt
713 W Lycoming Street, Philadelphia, PA, 19140 $199,000 4 -- 1,134 1,134 SqFt
731 W Erie Avenue, Philadelphia, PA, 19140 $175,000 2 -- 1,560 1,560 SqFt
810 W Roosevelt Boulevard, Philadelphia, PA, 19140 $400,000 8 -- 1,872 1,872 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 08/12/2026 @ 09:10

MLS: PAPH2657488 LISTED BY: Grace Velez, Mendez Homes and Investments 215-291-2891 SOURCE: Bright MLS

Homes around $374,900

Selling? Save $21,995 when you sell a home like this

Tour with a ByOwner Agent