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Listed by Stuart C Cohen • KW Empower
$540,000
Est. payment /mo
1,900 Sqft Lot
Price Dropped by $5K
1301-1305 POINT BREEZE AVE Philadelphia, PA 19146
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Point Breeze
MLS Listing ID PAPH2534794
Year Built 1923
Annual Tax Amount $3,723
Tax Year 2025
Lot Size 1,900 Sqft
Acres 0.04
Lot Dimensions 49.00 x 31.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
1301-05 Point Breeze Ave is a fully rented, mixed-use building with a 3 commercial spaces on the first level (combined as 1 salon) and two renovated apartments, a 1-bedroom, 1 bathroom and a 2-bedroom, 1 bathroom, on the top level. Located on a prime corner, surrounded by popular businesses and residential homes, this property currently has a barbershop/salon on the first level with three separate areas and entrances, allowing for multiple uses at once. There's also a half bathroom, plumbing for a hair-washing stations, and access to basement storage. A fourth entrance at the rear of the building leads to the apartments. Both have been renovated with modern durable vinyl flooring, stainless steel appliances, and in-unit laundry. The current rent roll is $5,000.00/ month and offers a solid 8.5% cap rate. This fantastic location is close to restaurants, shops, and parks, earning it a Walk Score of 85. There's also easy access to public transit, Washington Ave, Broad St, and I-76. Schedule your tour today!
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning CMX2
Interior
Hot Water Natural Gas, Electric
Heating Forced Air
Cooling Central A/C
Inclusions All appliances in the 2 apartments
Heat Source Natural Gas, Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871500730
Ownership Fee Simple
Special Listing Condition Standard
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