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About This Home

This 0-bedroom, 0-bathroom residential multi family at 549 N 12TH Street in PHILADELPHIA, PA is listed for $539,900 ($221 per sqft). Built in 1920, the home offers 2,441 sqft of living space on a 0.02 acres lot.

Agent Description

Discover an incredible opportunity in the heart of Spring Garden with this mixed-use property-perfect for investors or owner-occupants looking to make their mark. The property features a commercial space, most recently used as a restaurant, on the main level and a large one-bedroom apartment above, which will soon be available for rent.

The commercial space offers a versatile footprint with existing electrical infrastructure and restaurant framework in place-ready for a full build-out or renovation to suit your needs. Currently, the commercial space is occupied by a tenant on a month-to-month lease, paying $4,000 per month and covering approximately 80% of the property's expenses, including taxes and utilities.

The tenant can remain in place for steady investment income or vacate for an end user's immediate use. An optional liquor license is also available for purchase, offered separately at $150,000-providing an excellent value for anyone looking to operate a restaurant, bar, or cafe.

The seller is open to selling the property as-is or completing a custom build-out for the right buyer, subject to the extent of the project/terms. Whether you're seeking an income-generating investment or an inviting opportunity to bring your business vision to life, this property offers flexibility, prime positioning, and long-term potential.

Key Features

  • Built in 1920
  • 0.02 acre lot

Property Details

1920

Amenities

A/C

Monthly Cost Estimate

$2,887/mo

20% down · 6.5% · 30 years

Principal$390
Interest$2,340
Insurance$157

Estimates only. Actual payments may vary.

Location

549 N 12TH Street

PHILADELPHIA, PA 19123

SPRING GARDEN

Property Details

Construction

Masonry Brick

Parking

On Street

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 549 N 12TH Street is listed at $539,900 ($221/sqft). The estimated monthly payment is $2,340 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 0.02 acre lot.

This property is listed by Eli Qarkaxhia and can be reached at 2157745782 or eli@qanduteam.com.

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EQ

Eli Qarkaxhia

Agent at Compass Pennsylvania, LLC

(215) 774-5782

Listed by Compass Pennsylvania, LLC

MLS# PAPH2557172· Source: listhub· Updated 154 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.

549 N 12TH Street, PHILADELPHIA, PA 19123

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