126-136 45Th St Philadelphia, PA 19104
- Mixed-use properties
Current Use by Public Records
- Mixed-use properties
Property Details for 126-136 45Th St
- Property type
- Mixed-use properties
Description
This exceptional mixed-use investment opportunity in Philadelphia's University City boasts 44 units – 34 residential and 10 commercial – offering diversified income streams. Located at 126-136 S 45th St and 4441-4445 Chestnut Street, this portfolio enjoys a prime location within walking distance of the University of Pennsylvania and Drexel University, surrounded by new developments and public transportation. The five-story buildings, constructed in 1915 and 1920, underwent full renovations in 2008. The CMX-2 zoning allows for a variety of uses. With a strong rental occupancy history, this property presents a compelling investment opportunity. The total annual property tax is $63,248. This is a rare chance to acquire a well-established, high-performing asset in a thriving urban environment. The property's proximity to major employers and universities ensures consistent demand for both residential and commercial spaces. The blend of residential and commercial units provides a balanced and resilient income profile, making it an attractive long-term investment. This portfolio offers a unique combination of historical charm and modern updates, creating a desirable living and working environment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.2117
- Latitude
- 39.9559
