The median home value in Philadelphia, PA is $245,000.
the county median home value of $158,000.
The national median home value is $231,815.
The average price of homes sold in Philadelphia, PA is $245,000.
Approximately 48% of Philadelphia homes are owned,
compared to 41% rented, while
11% are vacant.
Philadelphia real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Philadelphia real estate agent to arrange a tour
today! Learn more about Philadelphia Real Estate.
Good for owner Use or Investment property ,Basement & 2 story Mix Use building, busy & crowd 52nd & Market Street , Commercial area , Market Blue Line Subway train , 1st floor: It was used for Shoe repair shop for long time , closed now , all equipments are still inside , turn key to open, around 1,100 sqf , metal gate , good for opening any other retail business , office , electricity power is still on , entrance step to go 2nd floor , 1 side door to go out & in from rear side of building , metal fence on every window , keep Shoe repair shop with drop shop . 2nd floor: 3 beds , 1 kitchen , 1 bathroom, No entrance door from separately out side , do business on the 1st floor and live on 2nd floor , or make separated entrance door from out side , you can rent out for 2nd floor . basement : wide open ,supported with concrete both side , 1 gas& 1 electricity & 1 water meter & 1 water boiler in the basement , metal door for basement is pavement, electricity light , lots of potential
Investor Special! 1430 Square Foot of ADA Compliant Retail Space with ramp on first floor, with 3 residential apartment units on the second floor. Three studio/efficiency units and One Office storage unit, all of which operate with self contained electric powered heat, hot water and cooking. The distinctive artistic design of the property is very appealing. The property has 32 feet of frontage on highly trafficked commercial corridor Market Street. Property has upgraded electrical, fire detection, and plumbing service into the building, all of which has been performed with City permits and inspected. Zoning is CMX-2. Space can be delivered vacant, or owner of the salon, would consider leasing back the space for one additional year.
6 Unit solid structure apartment building, being sold AS-IS, apartments need updating, 5 are rented out. It is priced accordingly. This sale also includes a detached 2 story garage that can be rented out separately. All units have separate Gas and Electric. 2 units rented by long time tenants on month to month lease. Great investment opportunity, currently rented for below market rents, all leases are month to month. Current rental income from 5 rented units is about $2,400 per month which is significantly under market rent. The six units could be rented for $4,000 to $4,500 per month.
Excellent opportunity to own this cold beer + restaurant for a turn-key business. Currently, no food is provide for serving and the business income is still about 30000 monthly, and with ONLY employee manage the whole business. Imagine how much more you will make if you manage the whole business. 2nd fl is a 3 br. Apt. This location has the potential to be the new hot spot this up-and-coming area needs.Easy to Show!
Fully rented commercial building located at 52nd & Market Street in high traffic area. Three story property with a deli business on the first floor and two fully rehabbed apartments on second & third floors each with three bedrooms and one bathroom. Easy access to stores, banks, dining & train station.
Mixed Use property available. Current commercial spaces used as an Optical Center. Rear exist entrance and parking available, large unfinished basement with separate systems. The 2 -1 bedroom units apartments on the 2nd floor and a 3 bedroom apartment on the 3rd floor.
1250 square feet of professional office space, renovated in 2004, offers turnkey operation for myriad possibilities. These days the possibility also exists to maybe scrape it off and start over, taking advantage of the CMX2 zoning and taking it up 4 stories. Located in the heart of the Spruce Street Business District, and just down the street from the new multifamily apartment construction, this is an ideal location for a business reliant on proximity to public transportation, with buses running on Spruce and on 48th Street. Another advantage this location offers is that it's ADA compliant. The space itself offers a front reception area and a suite of generously sized offices. Two off street parking spaces are provided out back, and a full basement houses utilities and offers plenty of storage space.
The building is currently being used as a laundry facility for commercial laundry delivery. . It used to be a retail laundromat grossing $7-8000 a week in token sales. Great margins in this business of 75%. Owners have since converted to commercial delivery route and now downsized it to only the accounts they service for other business they own. That is the reason a few washers and dryers will be removed within 30 days after settlement. This commercial building is solid masonry construction. Roof was replaced last year. Old roof had alot of leaks. This is an ideal opportunity for a buyer looking for retail space with alot of parking. This could also be a great growth play for anyone looking to build a laundry business. All the infrastructure is there about $200k in gas, electric water and sewer ready for rehab. The neighborhood is ready for a new location. This is an as is deal. Please dont bother the employees with questions as they do not know anything anyway. Please respect this.
Enjoy a 10% cap rate in this turn key mix use investment opportunity building with great cash flow, low maintenance and over head. This is a fantastic three unit commercial building located in soon to be rapidly developing Walnut Hill section of Philadelphia right next to the University of Pennsylvania. Situated on the south side of market street is just steps from the SEPTA 56th street EL stop. Your tenants can hop on the elevated train and get to Penn, Drexel or center city Philadelphia in just minutes. The first floor front unit is a commercial space zoned CMX2 which permits many uses. Currently it is rented as a salon at $775 per month, this unit pays all exterior lighting, heat, ac, electric for its own unit as well as the cleaning of the first floor common halls, the snow and ice removal in front of the property. This is permissible in a commercial property if it is in the lease so there is no cleaning of public areas or electric bills to be paid by the owner. All utilities gas electric and the cold water are separated the landlord pays nothing in utilities at all each unit is separately metered. The first floor rear rear residential unit is a large one bedroom apartment and is rented at $795 per month it features a brand new kitchen, bath, heater, flooring, washer and dryer. This unit also has a private rear fenced yard. The second floor unit is a nice two bedroom it it features a ceramic tile kitchen, bath pergo flooring brand new high efficiency gas forced air heat and central air, an enclosed second floor enclosed porch which could easily be converted to a third bedroom to get even higher rent and a washer and dryer. This unit just became vacant and is currently on the rental market for $895 per month. There is 1-2 car off street parking in the rear of the property could command an additional $50-$100 per month in rent All three hot water heaters in the building and the appliances in both the residential units are less then a year old recently installed rubber roof still has almost a year left on its warranty. The building is situated on a large 125 foot deep lot with a drivable rear alley/private driveway. This offering could be a good opportunity for a 1031 exchange, cash sale, commercial financing or short term purchase money financing with 50% down
Excellent development opportunity in city of Philadelphia near hospitals, universities and center city with 40,000 square feet of space zoned CMX-2. A large city block then can be developed into residential housing, offices, medical, recreation, and or retail space Zoning description: neighborhood commercial mixed-used-2. The possibilities are unlimited. Front of Building was demolish due to fire. Major building development is underway in this area. Prime real estate for Developer/Investors on well travel street in urban area, close to public transportation and highly visible. This is now a vacant lot plus one small standing small building. Call for more information.
Large 14,000 Square foot CMX -2 lot, currently consisting of a fifty one car garages ( lot) with one two story framed garage office. Can be developed as a matter of right as a up to 36 unit apartment building as either for rental or resale.Drive by only. Call or text listing agent for details. 267-312-1925
High return, fully leased, mixed use Building in West Philadelphia with the massive commercial space rented to an owner-operator laundromat. Enter this huge, almost 4600 square foot building and all you see is machines everywhere. It is well laid out using all space available. There is also a small store selling soap, candy, sodas and more. A convenient powder room is also contained on the 1st floor. The upper floors house 2, roomy 2-3 bedroom apartments, 1 to the owner of the laundromat, and the other apartment is rented retail for $900.00/ month. The laundromat and 1 upstairs apartment are leased for $1,100.00/ month, but it is grossly under rented. The basement has all back up laundry equipment, storage and multiple concrete columns to support all of the machinery. This is a turnkey investment with a Fantastic return needing minimal TLC. Financial details available upon request.
Prime location on Market Street near the 52nd Street Station. Present use is uniform and clothing establishment with long history. High exposure to traffic with potential for many types of retail business or office. 4 stories of high open ceiling flexible space available.