3101 Emerald St, Philadelphia, PA 19134

$260,000

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List Price
$260,000
Days on Market
2
MLS#
PAPH2672704
Status
ACTIVE
Type
Commercial
Year Built
1925
County
Philadelphia
Region
19134 (19134)
Neighborhood
Kensington
Subdivision
Kensington

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

Additional Information

Acres
0.02
Lot Size
871
Cooling
None
Heating
90% Forced Air
Taxes
$1,136

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Calculator source: Real Geeks

Listing courtesy of EXP Realty, LLC. Contact: 8883977352