PA > Philadelphia
Philadelphia, PA 19140,1234-40 RISING SUN AVE
Philadelphia, PA 19140,1234-40 RISING SUN AVE
Philadelphia, PA 19140,1234-40 RISING SUN AVE
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Listed by Nigel T Richards • Compass Pennsylvania, LLC
$950,000
Est. payment /mo
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8,656 SqFt
New

1234-40 RISING SUN AVE Philadelphia, PA 19140

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Michelle McMaster

Michelle McMaster

+1(856) 335-5586

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 8,656 sqft

Price per Sqft $109

MLS Listing ID PAPH2480638

Year Built 1942

Annual Tax Amount $5,754

Tax Year 2024

Lot Size 4,589 Sqft

Acres 0.11

Lot Dimensions 64.00 x 72.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Prime Mixed-Use Investment Opportunity – Steps from Temple Hospital
Located at a high-visibility corner just off Broad Street and Old York Road, 1234 Rising Sun Avenue offers a rare chance to own a cash-flowing mixed-use building in one of North Philadelphia's most active corridors.

This well-maintained property features six residential units above a spacious ground-floor commercial space, generating $117,600 in annual income with immediate upside—two units have 20% rental increase potential.

With strong proximity to Temple Hospital, public transit, and major thoroughfares, this property benefits from consistent tenant demand and excellent walkability. The corner positioning adds value for retail exposure and long-term appreciation.

Whether you're expanding your portfolio or seeking a stable asset with room to grow, 1234 Rising Sun delivers on location, income, and potential.

Location

State PA

County Philadelphia

Area 19140 (19140)

Zoning RM1

Interior

Hot Water Multi-tank

Heating Baseboard - Electric

Cooling None

Inclusions all existing appliances

Heat Source Electric

Exterior

Garage Spaces 1.0

Water Access N

Accessibility None

Total Parking Spaces 1

Garage N

Building

Lot Description Corner

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 881054630

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Private

Listing Terms Cash, Private

Financing Cash,Private

Special Listing Condition Standard

Bright MLS (BMLS)

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agent

Michelle McMaster

Broker | License ID: 1542221

+1(856) 335-5586

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1234-40 RISING SUN AVE

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