MLS® ID: PAPH806590

2928 POPLAR STREET

PHILADELPHIA, Pennsylvania, 19130

$599,000 Active
  • 1800 SQFT
Fantastic investment opportunity to own this corner mixed use property/triplex in excellent condition just steps from Fairmount Park! First floor front is a great commercial space ideal for a professional office and features a kitchenette, powder room & a very large full basement. The second floor apartment is a delightful bi-level 2 bedroom/1.5 bathroom with updated kitchen and baths. The cozy rear studio apartment features its own private patio. Utilities are separately metered. The owner has not increased any of the rents and are therefore below market value. Owner lowered the rent on the bi-level 2 bedroom apartment when one of the tenants moved out. Currently the commercial space rents for $500/month (projected rent $650-$700); the 2BR/1.5BA unit rents for $1250 & was previously renting for $1450 prior to one of the tenants vacating (projected rent $1650-$1700); the studio apartment currently rents for $725 (projected rent $800-$825).
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Listing courtesy of Coldwell Banker Welker Real Estate

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    19130
  • Office name
    Coldwell Banker Welker Real Estate
  • SQFT
    1800
  • Bedrooms
    0
  • Property type
    Multi-Family
  • Zoning type
    CMX1
  • School district
    THE SCHOOL DISTRICT OF PHILADELPHIA
  • Year built
    1920
  • Lot size
    0.02
  • Sewer
    Public Sewer
  • Heating
    Forced Air
  • Agent name
    Juliet C Welker
  • Purchase Type
    Active
  • Price Range
    $500k-$600k
  • Square Feet Range
    1500-2000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    CBWELKER
  • Agent ID
    3120765

Location

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