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About This Home
This 0-bedroom, 0-bathroom residential multi family at 425 E ALLEGHENY Avenue in PHILADELPHIA, PA is listed for $389,000 ($243 per sqft). Built in 1920, the home offers 1,600 sqft of living space on a 0.02 acres lot.
425 E Allegheny Ave presents a rare opportunity to own both the real estate and the business on a high visibility corner in a prime commercial corridor. The first floor features a corner store that was owner operated, meaning the sale includes the property and the business.
When open, the store generated approximately $500-$1,000 per day, creating strong cash flow potential that can significantly offset or fully cover the property expenses. The second floor offers a spacious 4-bedroom, 2 bath apartment currently without a kitchen; however, a kitchen can easily be reinstalled in the middle room where it was previously located.
The unit was formerly rented by the room, providing flexible income strategies for the next owner. This is a true value-add, income-producing asset with upside on both the commercial and residential sides. Bring your offers-opportunities like this do not last!
Key Features
- Built in 1920
- 0.02 acre lot
Property Details
Monthly Cost Estimate
$2,080/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
425 E ALLEGHENY Avenue
PHILADELPHIA, PA 19134
Property Details
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 425 E ALLEGHENY Avenue is listed at $389,000 ($243/sqft). The estimated monthly payment is $1,686 based on 20% down at 6.5% interest.
Key features include: Built in 1920, 0.02 acre lot.
This property is listed by Aldo Torres and can be reached at 2675751325 or aldotorres@homestarrinc.com.
