3101 Emerald St,PHILADELPHIA, PA 19134
PHILADELPHIA, PA 19134
Description
Mixed-use investment property featuring an established bodega and deli on the ground floor with a residential unit above. Both tenants are long-term and reliable, with a history of on-time payments. The commercial tenant has been in place for more than two years, while the residential unit is occupied by a stable tenant. The property generates $1,250 per month from the commercial space and $875 per month from the residential unit, providing two separate income streams. Annual owner expenses are approximately $2,300, with an 8.9% cap rate. The established essential-service business provides a strong commercial anchor, while the residential unit adds additional rental income. The property can be purchased individually or packaged with 3104 Emerald St, Philadelphia, PA 19134 MLS# PAPH267268
Details
| MLS # | PAPH2672704 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1925 |
| Days On Site | 25 |
| Listing Provided By | EXP Realty, LLC | BEN THOMAS MATHEW |
Features
| Units | 2 |
|---|---|
| Zoning | CMX1 |
| Acreage | 0.02 |
Interior
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | 90% Forced Air |
Exterior
| Construction Materials | Masonry |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 1136 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19134 |
| Area | 19134 (19134) |
| Community Name | KENSINGTON |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in KENSINGTON) | |
Price: $260,000 low | high Med: $105,000 On site: 25 low | high Med: 116.5 | |
Market Activity 19134
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19134 |
| Area | 19134 (19134) |
| Community Name | KENSINGTON |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in KENSINGTON) | |
Price: $260,000 low | high Med: $105,000 On site: 25 low | high Med: 116.5 | |
