865 BELMONT AVE Pending

Philadelphia,PA 19104

$ 260000

- Bed

- Bath

2786 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Square Footage 2,786 sqft

Price per Sqft $93

MLS Listing ID PAPH2486288

Year Built 1915

Annual Tax Amount $1,942

Tax Year 2024

Lot Size 1,605 Sqft

Property Sub-Type Mixed Use

Property Description

Income-Producing Mixed-Use Duplex in Prime Location!

Welcome to 865 Belmont, a well-maintained, fully licensed and legally zoned mixed-use duplex offering an excellent investment opportunity. This property features consistent rental income with established tenants in both units. A 50-unit new construction building is directly across the street indicating the potential growth of the neighborhood.
Property Features:
• Unit 1 (Commercial): Currently operating as a daycare, generating $1,435/month. Has central A/C
• Unit 2 (Residential): Well-kept apartment that will rent for $1,250/month. In-unit laundry and currently vacant
• Certified Lead Safe: Peace of mind for tenants and compliance assurance.
• Steady Cash Flow: Both units occupied with leases in place.
• Ideal Location: Situated in a high-demand area, ensuring long-term tenant stability.
• Professional Ownership: Property owned by a licensed realtor, ensuring a smooth and transparent transaction.

Whether you're looking to expand your investment portfolio or secure a property with dual income potential, 865 Belmont is ready to deliver. Schedule your private showing today!

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Exterior

Water Access N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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