$275,000

7119 WOODLAND AVE, Philadelphia, PA 19142

  • 2,175 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon2,178sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $126/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

7119 Woodland Ave | Southwest Philadelphia | IRMX Zoning | Triplex Rare opportunity to acquire an income-producing triplex situated on a 2,254 sq ft lot with 2,175 sq ft of building area, zoned IRMX , one of Philadelphia's most flexible and sought after industrial mixed-use designations. The property currently operates as a 3-unit residential building with two occupied units generating immediate cash flow. The 2nd and 3rd floor units are in great condition with quality, paying tenants in place. The 1st floor unit is vacant and needs only light renovation. A straightforward value-add opportunity to bring the property to full occupancy. What makes this property truly stand out is the IRMX zoning. By right, IRMX allows multi-family residential, artist studios, artisan industrial, office, warehouse, restaurant, and a wide range of commercial uses, with no required rear yard setback, up to 75% lot coverage, and a maximum building height of 60 feet. An investor or developer can build out the existing footprint, add a rear structure to the property line, or pursue a mixed-use redevelopment all without needing a variance. Income today. Upside tomorrow. Don't miss this one.

Listing Status:
Active
Data Last Updated:
May 9, 2026 at 1:19PM
Listing Office:
Realty Mark Cityscape : 2155837777
Listing Agent:
Sandra E Butler : 2155520156
MLS ID:
PAPH2558804
  • Basement: Full
  • A/C: Central A/C
  • Heating: 90% Forced AirElectric
  • Disability Feature: None
  • General: Above Grade
  • Style: Transitional
  • Roofing: Flat
  • General: MasonryConcrete Perimeter
  • Originating MLS: BRIGHT_MAIN
  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • County: PHILADELPHIA-PA
  • Zoning: IRMX871561940
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN
  • Exclusions: Tenants personal belongings

This listing courtesy of Sandra E Butler , Realty Mark Cityscape

Monthly Payment

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

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Location

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