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2204 South St Philadelphia, PA 19146

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For Sale
$924,900

Four-unit mixed-use property in Philadelphia's vibrant Fitler Square neighborhood.

Lot size:
0.03 Acres

Property Features for 2204 South St

General Information

Standard status
Active
Lot size
0.03 Acres

Building Details

Year built
1915

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Listing Contact
Paul Malitas
Source: Exitrealty

Listing Agency: Realty Mark Associates Listing Agent: Paul Malitas

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Mixed-Use Property in Fitler Square

This three-story mixed-use property features one retail space and three apartments in Philadelphia's Fitler Square. The first floor is occupied by a retail store, Postbox Philly Store, which was recently updated and encompasses approximately 950 square feet. The second floor contains two one-bedroom apartments. The third floor features a large three-bedroom apartment with a large deck. All units have separate utilities. The property is located on South Street in Fitler Square, a neighborhood known for its cafes, boutique shops, and art galleries. The retail unit's rental income is $2,250 with a 2% annual increase and a 5-year option after 2029. The one-bedroom apartments rent for $825 and $600, respectively, while the three-bedroom apartment rents for $1,500. This property is suitable for investors looking to expand their real estate portfolio.
Location Intelligence

Current Use by Public Records

Postbox Philly Postal Service VE·RAC·I·TY Art Gallery

Suggested Use

Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Law Firm Food Market Grocery & Convenience Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Philadelphia
County
Delaware
State
Pennsylvania
Longitude
-75.179041
Latitude
39.945147

FAQs

What type of property is this?
Mixed-use property - Four-unit mixed-use property in Philadelphia's vibrant Fitler Square neighborhood.
Where is this mixed-use property located?
The property is located at 2204 South St Philadelphia, PA.
What is the asking price?
The asking price for this property is $924,900.
What are key features of this property?
This property features: - Prime commercial mixed-use property in the desirable Fitler Square neighborhood.; - Four units: one retail space and three apartments, offering diversified income streams.; - Existing retail tenant (Postbox Philly Store) on the first floor, recently updated.
More about this property
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