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Property profile

128 Lombard St Philadelphia, PA 19147

OFF-MARKET
Investment properties
Property ID
US73-0616047
View Sample
2,441 SF 0.03 ac lot Built 1800
Entity Owned 1-yr Hold

Property summary

AI-generated overview

This exceptional mixed-use property, located at 128 Lombard Street in Philadelphia's prestigious Society Hill neighborhood, presents a unique investment opportunity. The 2,441 square foot building, constructed in 1800, sits on a 0.03-acre lot and is zoned CMX2. The property boasts a charming blend of residential and commercial space. Currently, it features a luxurious two-bedroom, two-bathroom apartment with high-end finishes including stone countertops, stainless steel appliances, upgraded fixtures, and a private outdoor area. In addition, there is approximately 800 square feet of office space, offering potential for significant rental income enhancement through upgrades. The building's prime location offers unparalleled access to major transportation arteries, including Interstates 95, 76, and 676, and Delaware Avenue, providing convenient commutes throughout the Philadelphia metropolitan area. Society Hill's renowned affluence, historic charm, and proximity to acclaimed restaurants like Pizzeria Stella and Zahav further enhance the property's desirability and investment potential. The fee simple ownership offers complete control and upside potential. The asking price is $625,000, translating to $256.04 per square foot. The property's APN is 871508230. This turnkey asset is ready for a new owner to capitalize on its inherent value and strong location.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1800
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,441 SF
Lot 0.03 ac (1,197 SF)
Zoning code CMX2
APN 87-1-5082-30
UPID US73-0616047

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hardware & Home Improvement

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$495k

Owner & transaction history

since 2025
Last sale
$575,000
6 recorded transactions
2025
$575,000
2019
Price N/A
2018
$575,000
2015
$350,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CMX2 · Philadelphia, PA
Zoning description

CMX-2 Neighborhood Commercial Mixed-Use-2 C-2 RC-1 RC-2 OC CMX-2.5 Neighborhood Commercial Mixed-Use-2.5 Various special district controls CMX-3 Community Commercial Mixed-Use C-3 RC-3 CMX-4 Core Commercial Mixed-Use C-4…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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