4025 LANCASTER AVE new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19104
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,873 sqft
Price per Sqft $187
Subdivision West Powelton
MLS Listing ID PAPH2436584
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $1,506
Tax Year 2025
Lot Size 1,750 Sqft
Acres 0.04
Lot Dimensions 18.00 x 94.00
Property Description
Welcome to this fantastic property located in an “opportunity zone”, with incredibly low taxes, on bustling Lancaster Ave, in the vibrant West Powelton neighborhood of West Philadelphia. This unique Quadplex offering consists of three residential units and one commercial space, presenting an incredible investment opportunity in a prime location. Every unit is currently rented except for the commercial space. The street level commercial space features a convenient half bath, offering versatility for a variety of business endeavors. Unit 1 is a spacious bilevel 1 bedroom/1 bath layout, boasting a private washer & dryer and access to a large back yard, perfect for outdoor relaxation and entertainment. Unit 2 offers a comfortable floorplan, a 1 bed/1 bath layout with its own laundry facilities. Unit 3 is a spacious & stylish 2 bedroom/2 bath residence, also complete with the convenience of an in-unit washer & dryer and access to a delightful roof deck, providing a serene retreat with panoramic views. The roof deck and large yard contribute to the desirability of this property, offering outdoor spaces for residents to enjoy. Conveniently situated in close proximity to Penn, Drexel, and St. Joe's Universities, this property presents an exceptional opportunity for rental income and future growth potential. Whether you're looking to expand your investment portfolio or establish a new venture, this property is a must-see for those seeking a prime location with endless possibilities. Ample storage unit space in the basement & separately metered. Don't miss out on the chance to own this remarkable property in the heart of West Philly with extremely low operating costs – schedule your showing today and seize this incredible investment opportunity! Tax abatement pending.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning CMZ2
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Inclusions Washer, dryer, refrigerators and appliances currently in all units.
Heat Source Natural Gas
Exterior
Water Access N
View Panoramic
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 882933615
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard