2721 E Somerset St, Philadelphia, PA 19134

$650,000

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List Price
$650,000
Status
ACTIVE
Days on Market
14
MLS#
PAPH2675174
Subtype
Commercial Sale
Year Built
1915
Subdivision
Port Richmond
MLS Area Major
19134 (19134)

Property Description

Excellent Mixed-Use Investment Opportunity! Operated as luncheonette since 1953. Owners would consider training new operator inquire for details. Welcome to 2721 E Somerset Street, a mixed-use property offering both commercial and residential income potential in Philadelphia. The property features a ground-floor commercial with two residential apartments above, each offering 1 bedroom and 1 full bathroom. Both residential units are currently occupied, providing an established rental income stream for the next owner. The commercial space offers additional income potential and flexibility for a variety of business uses. Conveniently situated near major roadways, public transportation, shopping, dining, and neighborhood amenities, this property offers accessibility for both residential tenants and commercial occupants. Whether you're an experienced investor looking to expand your portfolio or seeking a property with multiple income streams, 2721 E Somerset Street presents an excellent opportunity. Schedule your showing today!

Additional Information

Taxes
$4,003
Zoning
CMX1
Heating
Baseboard
Air Conditioning
Ductless Mini-Split
School District
The School District Of Philadelphia

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Listing courtesy of RE/MAX Access. Contact: