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Listed by jinwei zheng • BY Real Estate
$295,000
Est. payment /mo
765 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2674752
Year Built 1925
Annual Tax Amount $3,317
Tax Year 2026
Lot Size 765 Sqft
Acres 0.02
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Rare mixed-use investment opportunity in the heart of South Philadelphia! This classic 1925 masonry building at 2215 S 8th St offers the best of both worlds: a street-level retail storefront with stable, in-place rental income PLUS a vacant 2-bedroom, 1-bath apartment upstairs.
STOREFRONT: Currently leased at $1,100/month with $50 annual increases through 2029 - reliable cash flow from day one.
UPSTAIRS APARTMENT: Vacant and ready - live in it yourself while the storefront pays the mortgage, or lease it at an estimated market rent of $1,400/month for a combined gross income potential of approx. $2,500/month.
Approx. 1,500 sq ft of building area on a 765 sq ft lot. Zoned RSA5. Priced at $295,000. Whether you're an investor seeking strong rental returns or an owner-occupant looking to offset housing costs, this South Philly gem delivers. Schedule your showing today!
STOREFRONT: Currently leased at $1,100/month with $50 annual increases through 2029 - reliable cash flow from day one.
UPSTAIRS APARTMENT: Vacant and ready - live in it yourself while the storefront pays the mortgage, or lease it at an estimated market rent of $1,400/month for a combined gross income potential of approx. $2,500/month.
Approx. 1,500 sq ft of building area on a 765 sq ft lot. Zoned RSA5. Priced at $295,000. Whether you're an investor seeking strong rental returns or an owner-occupant looking to offset housing costs, this South Philly gem delivers. Schedule your showing today!
Location
State PA
County Philadelphia
Area 19148 (19148)
Zoning RSA5
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871601250
Ownership Fee Simple
Special Listing Condition Standard
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