813 Latona St Philadelphia, PA 19147-5039
This exceptional mixed-use property, located at 813 Latona Street in Philadelphia, Pennsylvania's vibrant Passyunk Square neighborhood, presents a unique investment opportunity. The 868 square foot building, constructed in 1915, features two stories and sits on an 868 square foot lot. Currently configured with a ground floor suitable for office, storage, or garage use, and a recently remodeled second floor with a kitchenette and full bathroom, this property offers incredible versatility. The second floor's renovation adds modern convenience to the historic charm of the building. The property is zoned RSA5 and is offered fee simple. Its unbeatable location, just 50 feet from Geno's Steaks and the Italian Market, boasts a Walk Score of 96, a Transit Score of 74, and a Bike Score of 81, ensuring easy access to amenities and transportation. The building requires some TLC, but the potential for return on investment is significant given the high-traffic location and the current month-to-month tenancy. Nearby attractions include numerous restaurants, schools, and parks. The property is also conveniently located 18 minutes from the BSL NRG Station. This is an ideal owner-user opportunity in a highly sought-after area. The asking price is $175,000, translating to $201.61 per square foot. The property includes one unit and is classified as Class C. This is a rare chance to own a piece of Philadelphia's rich history and vibrant culinary scene.
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Super Signs (Bike/Boat/Book/etc) Store Printing Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RSA5 · Philadelphia, PAPhiladelphia. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.