3301 N FRONT ST, Philadelphia, PA 19140

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:

March 24, 2026 at 5:19PM

Listing Office:

PK PROPERTY INC. : 2156355100

Listing Agent:

Peter Han : 2156681666

MLS ID:

PAPH2586074

Interior

• A/C: Window Unit(s)
• Heating: Baseboard - Hot WaterNatural Gas
• Disability Feature: 2+ Access Exits

Construction

• General: Masonry

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: CMX2871071800

Utilities

• Utilities: Electric availableNatural gas availableMultiple phone linesSewer availableWater available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN