Description
Investor alert! the property is framed and ready for finishing, featuring 3 total units - 1 commercial space and 2 residential units, each with 2 bedrooms. prime opportunity in booming point breeze with endless potential. welcome to 1427 point breeze avenue – a mixed-use triplex featuring (1) commercial unit on the ground floor and (2) residential units above, each designed as a 2-bedroom, 1-bathroom apartment. a full third story has been added to the existing structure, expanding the building’s livable space and income potential. this property is mid-construction and will be sold in as-is condition, giving investors and builders the chance to complete the project to their own specifications. estimated rental income upon completion is approximately $4,100/month, making this an outstanding value-add investment in one of south philadelphia’s most active corridors. the commercial unit offers great visibility and access along busy point breeze avenue, ideal for a retail shop, café, or office. the residential units feature spacious layouts with tons of natural light and are well-suited for long-term rental or short-term stays. located just minutes from center city, with public transportation nearby and surrounded by new development, this property sits in a high-demand area for both tenants and businesses. property is being sold in as-is condition and the buyer will be responsible for obtaining the u&o. don’t miss your chance to bring this nearly-complete project to the finish line and create a fully cash-flowing asset in a rapidly appreciating neighborhood.
Property Type
Multi-FamilySubdivision
Point BreezeCounty
PHILADELPHIAStyle
Straight ThruAD ID
50065338
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Exterior Property Features : Sidewalks,Street Lights
Heating & Cooling
- Cooling: None
- Heating: None
- Cooling Fuel: None
- Heating Fuel: None
-
Exterior Features
Building Information
- Exterior Features: Sidewalks,Street Lights
- Year Built: 1915
- Structure: Other
- New Construction: No
- Total Units: 3
- Built: 1915
- Construction Material: Masonry
- Architecture: Straight Thru
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: None
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Property / Lot Details
Lot Information
- Lot Size: 1,240
- Dimensions: 16.00 x 78.00
- Lot Size (Acres): 0.03
- Architectural Style: Straight Thru
- Main Square Feet: 1,240
Property Information
- SQ ft: 3,500
- SQ ft (Living Area): 3,500
- Total Lot SQ ft: 1,240
- View: Street
- Subdivision: POINT BREEZE
- Financing: Cash
- Appx. Lot Dimensions: 16.00 x 78.00
- Total Acreage: 0.03
- New Construction: No
- Type: Straight Thru
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Listing Information
Listing Information
- Possession: Immediate
- Days Of Market: 10
-
Taxes / Assessments
Tax Information
- Annual Tax: $2,807
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Immediate
Assessment Information
- Taxes Assessment Amount: $200,600
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Multi-Unit Information
- Acceptable Financing: Cash
Homeowners Association Information
- Direction: From Broad St, head south until you reach Reed St. Turn right onto Reed St and continue for a few blocks till you hit Point Breeze Ave. Then turn left onto Point Breeze Ave. Drive down Point Breeze Ave, and 1427 Point Breeze Ave will be on your left.
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School, Utilities & Location Details
School Information
- School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: None
- Heating Fuel: None
- Hot Water: None
Location Information
- Location Type: Urban
- Direction: From Broad St, head south until you reach Reed St. Turn right onto Reed St and continue for a few blocks till you hit Point Breeze Ave. Then turn left onto Point Breeze Ave. Drive down Point Breeze Ave, and 1427 Point Breeze Ave will be on your left.
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BuyOwner last updated this listing 06/14/2025 @ 02:01
- MLS: PAPH2487342
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 2,118 sqft, 1,240 sized lot, and 0 parking. are nearby neighborhoods.