119 N 11th Street Philadelphia, PA 19107

Building Details

Year Built

1930

Listing agency Castle Realty Services LLC z***@yahoo.com Show Phone

Listed by Zhi Qiang Zhao Show Phone

Source Xome

Added: Feb 4 Updated: Jul 22 at 11:16PM Checked: Jul 23 at 3:33AM

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Investment Insights

Based on property information with market context.

This mixed-use building includes four residential units and one street-level commercial storefront. The residential layout consists of two 2-bedroom apartments and two 1-bedroom apartments. The ground-floor retail space is currently occupied by a mini-mart under a long-term lease.

The commercial tenant pays $3,000 per month plus one-third of the real estate taxes and one-third of the property insurance. One 1-bedroom unit is currently rented for $800 per month on a month-to-month lease, while the remaining residential units are vacant following prior family occupancy.

The property does require some updates, creating an opportunity for new ownership to reposition the residential space while maintaining income from the retail tenant and the currently occupied apartment.

Key Highlights

• Mixed‑use building with 4 residential units above a street‑level commercial storefront
• Retail storefront occupied by a mini‑mart on a long‑term lease paying $3,000/month plus 1/3 of real estate taxes and 1/3 of property insurance
• Residential unit mix: two 2‑bedroom apartments and two 1‑bedroom apartments

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FAQs

What type of property is this?

Quadplex - Four residential units sit above a street-level storefront currently leased to a mini-mart.

Where is this quadplex located?

The property is located at 119 N 11th Street Philadelphia, PA.

What is the asking price?

The asking price for this property is $3,500,000.

What are key features of this property?

This property features: Mixed‑use building with 4 residential units above a street‑level commercial storefront; Retail storefront occupied by a mini‑mart on a long‑term lease paying $3,000/month plus 1/3 of real estate taxes and 1/3 of property insurance; Residential unit mix: two 2‑bedroom apartments and two 1‑bedroom apartments