$319,000

3301 N FRONT ST, Philadelphia, PA 19140

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1935
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

This building is 3 stories with a basement and the first floor is currently occupied by a tenant who is operating Grossly business the store is well decorated and there is a retail unit on the first floor and a two-bedroom apartment on the second floor and a two-bedroom apartment on the third floor, for a total of three units. However, the retail unit on the first floor still has six years left on its lease and is currently paying $1,400 in rent and paying all utilities.  The second floor is perfectly furnished. It's currently empty and currently being marketed for $1,000. The third floor has a two-bedroom apartment tenan has been there for over 10 years. They're paying $650 a month, plus all utilities. So, if you rent out the second, first, and third floors, that comes out to $36,000 a year. The landlord's expenses include $2,498 in building taxes and $2,000 in building insurance, for a total of about $4,500. Subtracting those costs, you get $31,500 a year in net rental income. That's about a 10% annual income. The third floor is also very cheap. It could be a good investment.

Listing Status:
Active
Data Last Updated:
May 9, 2026 at 2:17PM
Listing Office:
PK PROPERTY INC. : 2156355100
Listing Agent:
Peter Han : 2156681666
MLS ID:
PAPH2586074
  • A/C: Window Unit(s)
  • Heating: Baseboard - Hot WaterNatural Gas
  • Disability Feature: 2+ Access Exits
  • General: Masonry
  • Originating MLS: BRIGHT_MAIN
  • School District: PHILADELPHIA CITY
  • County: PHILADELPHIA-PA
  • Zoning: CMX2871071800
  • Utilities: Electric availableNatural gas availableMultiple phone linesSewer availableWater available
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Peter Han , PK PROPERTY INC.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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