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3101 Emerald St, Philadelphia, PA 19134

$260,000

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List Price: $260,000
Days on Market: 16
Status: ACTIVE
MLS#: PAPH2672704
Lot Size (Acres): 0.02
Year Built: 1925
County: Philadelphia
School District: Philadelphia City

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Property Description

Mixed-use investment property featuring an established bodega and deli on the ground floor with a residential unit above. Both tenants are long-term and reliable, with a history of on-time payments. The commercial tenant has been in place for more than two years, while the residential unit is occupied by a stable tenant. The property generates $1,250 per month from the commercial space and $875 per month from the residential unit, providing two separate income streams. Annual owner expenses are approximately $2,300, with an 8.9% cap rate. The established essential-service business provides a strong commercial anchor, while the residential unit adds additional rental income. The property can be purchased individually or packaged with 3104 Emerald St, Philadelphia, PA 19134 MLS# PAPH267268

3018014910

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Additional Information

Area: 19134 (19134)
Subdivision: Kensington
School District: Philadelphia City
Heating: Forced Air
Cooling: None
Water: Public
Sewer: Public Sewer