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About This Home

This 0-bedroom, 0-bathroom other at 239 RACE Street in PHILADELPHIA, PA is listed for $1,650,000. Built in 1900, on a N/A lot.

Agent Description

239 Race Street: A Legacy of Industrial Elegance in Philadelphia's Old City Own an Architectural Masterpiece and a prestigious piece of American history with the John Jordan Building, a meticulously maintained, historic masonry structure standing in the heart of Old City since 1900.

This mixed-use powerhouse offers a rare blend of (5) five residential condominiums and a premier commercial office suite, totaling approximately 5,895 square feet of high-yield real estate. Residential Interiors: Where Historic Soul Meets High Design Step inside to discover interiors that define "Old City Luxury." Each unit serves as a masterclass

in industrial-chic design, featuring: Original Craftsmanship: Glistening wide-plank pine floors and dramatic decorative marble fireplaces serve as stunning focal points in the living areas. Curated Details: Soaring 10-foot+ ceilings are complemented by bespoke built-in library bookshelves, some featuring classic rolling ladders.

Light & Air: Massive factory-style windows and private patio's balconies/decks offer sun-drenched living spaces and views of the neighborhood's tree-lined beauty. Modern Amenities: Every unit is thoughtfully "fully loaded" with in-unit laundry, appliances (including dishwashers and gas ranges), and central A/C.

Detailed Unit Breakdown & Monthly Income This diversified portfolio provides immediate income stability with the following residential layouts: Unit A: 1 Bed / 1 Bath | 780 sq ft Unit B: 2 Bed / 1.5 Bath | 1,422 sq ft Unit C: 3 Bed / 2 Bath | 1,272 sq ft Unit D: 2 Bed / 1 Bath | 966 sq ft Unit E: 1 Bed / 1 Bath + Den | 720 sq ft Basement 735 sq ft

Unrivaled Investment & Development Upside Strategically zoned CMX-3, this property is more than a turn-key income generator, it is a growth engine with room to raise the current rents of these amazing condo's. Development Potential: The current zoning allows for significant future expansion, including potential vertical or rear extensions.

An additional 735 square feet of cellar storage offers a "blank canvas" for resident amenities or expanded commercial utility. Optimized Systems: Benefit from a full roof replacement in 2023, new HVAC systems, and new water heaters, ensuring minimal capital expenditure for years to come.

At the Center of Philadelphia's Historic Renaissance Boasting a near-perfect Walk Score of 97, 239 Race Street places your tenants in the "Most Stylish Neighborhood" in the city. Culture: Seconds from the Benjamin Franklin Bridge, Race Street Pier, and the legendary Elfreth's Alley.

Dining: Surrounded by world-class staples like Race Street Cafe, Tuna Bar, and Cafe Ole. Schedule your appointment today to capture this timeless allure of Old City. 239 Race Street is an acquisition for the ages. Schedule your appointment today!

Key Features

  • Built in 1900

Property Details

1900

Amenities

A/C

Monthly Cost Estimate

$8,825/mo

20% down · 6.5% · 30 years

Principal$1,193
Interest$7,150
Insurance$481

Estimates only. Actual payments may vary.

Location

239 RACE Street

PHILADELPHIA, PA 19106

OLD CITY

Property Details

Construction

Masonry

Parking

On Street

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom other at 239 RACE Street is listed at $1,650,000. The estimated monthly payment is $7,150 based on 20% down at 6.5% interest.

Key features include: Built in 1900.

This property is listed by Thomas A. Greer and can be reached at 2679741450 or tomgreertherealtor@gmail.com.

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TG

Thomas A. Greer

Agent at Keller Williams Real Estate - Newtown

(267) 974-1450

Listed by Keller Williams Real Estate - Newtown

MLS# PAPH2590080· Source: listhub· Updated 27 days ago

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

239 RACE Street, PHILADELPHIA, PA 19106

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