$725,000

700 N 42ND ST, Philadelphia, PA 19104

other
Built in 1925
1,307sqft lot
—— car garage
$——/sqft
Listed 4 days ago

Property Description

Live, work, and earn at one address. 700 N 42nd Street is a fully renovated, fully permitted mixed-use building offering two private residential apartments plus a ground-floor commercial space ready for business use. Each apartment features 2 bedrooms and 2 full bathrooms, creating strong rental appeal and a rare house-hack opportunity. The apartments are bright, efficient, and move in ready. The commercial space sits behind a street facing storefront on a high visibility corridor. The ground-floor commercial space is approximately 760 sq ft with its own bathroom and storefront presence, making it ideal for an owner-user, small business, office, studio, salon, personal service use, or investor seeking multiple income streams. Live in one unit, operate your business downstairs, and rent the other apartment, or lease all three spaces as a turnkey income-producing asset. This is not a cosmetic renovation. All major capital improvements have already been completed, including full permits, city approvals, architect-drawn plans, updated all-electric systems, separate electric metering, ductless mini-split heating and cooling, and a full-building $40,000+ sprinkler system providing added life-safety protection and code compliance. Delivered vacant or we can help find your first tenant. Located minutes from Drexel, Penn, University City, and major employment and medical centers, this is a rare opportunity to own a flexible live/work/income property in a growing West Philadelphia corridor.

Listing Status:: Active
Date Added:: June 10, 2026
Data Last Updated:: June 14, 2026 at 7:17AM
Listing Office:: Elite Level Realty : 2159045400
Listing Agent:: Jamier Hughes : 2673670196
MLS ID:: PAPH2624610

A/C: Central A/C
Heating: Forced AirElectric
Disability Feature: None

General: Masonry

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

Zoning: RSA5061258100

Water: Community
Sewer: Community Septic Tank

Source: BRIGHT_MAIN

This listing courtesy of Jamier Hughes , Elite Level Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.