5018 W Thompson St, Philadelphia, PA 19131
- $299,900
- 1,650
- SqFt
- List Price
- $299,900
- Price Change
- ▼ $29,600 1784604395
- Days on Market
- 19
- MLS#
- PAPH2647502
- Status
- ACTIVE
- Type
- Multifamily
- Style
- Traditional
- Year Built
- 1925
- County
- Philadelphia
- Region
- 19131 (19131)
- Neighborhood
- Parkside
- Subdivision
- Parkside
Property Description
Fully renovated CMX-2 mixed-use property just one block from Lancaster Avenue. The first floor features a vacant commercial shell ready for retail, office, professional, or other permitted commercial uses. The second-floor residential unit offers 3 bedrooms, 1 full bath, a heated finished attic/flex space, granite countertops, stainless steel appliances, laundry hookups, and energy-efficient mini-split heating and cooling. Recent improvements include a new roof, 400-amp electrical service, new plumbing, HVAC, replacement windows, flooring, drywall, trim, interior doors, kitchen, bathroom, and fire alarm system. The property will be delivered completely vacant, allowing an owner-occupant or investor to lease both units at market rates. Estimated market rents are approximately $2,500/month for the commercial space and $1,830/month for the residential unit, offering excellent income potential. A turnkey investment or ideal live/work opportunity in a growing West Philadelphia corridor.
Additional Information
- Acres
- 0.03
- Lot Size
- 1,306
- Living Area
- 1,650
- Lot Description
- Irregular
- Roof
- Flat
- Appliances
- Oven/Range - Electric, Stainless Steel Appliances, Water Heater, Refrigerator, Microwave
- Cooling
- Ductless/Mini-Split
- Heating
- Baseboard - Electric, Heat Pump - Electric BackUp
- Basement
- Yes
- Taxes
- $1,127
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Listing courtesy of HomeSmart Realty Advisors. Contact: 2156041191