MLS#PAPH2661914
STATUSACTIVE
PROPERTY TYPECommercial - Farm
SCHOOLPHILADELPHIA CITY
Property Description
Investment opportunity at 157 S 60th Street featuring two fully occupied commercial units with triple-net leases in place and $38,400 in annual rental income at a 12.8% cap rate. Situated on a corner lot with CMX-3 zoning, the property offers flexibility for investors seeking immediate cash flow, a future owner-user, or buyers considering long-term repositioning or redevelopment. The combination of existing income, corner exposure and versatile zoning presents a variety of potential ownership strategies.
Property Features
Property Type: Commercial - Farm
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Central, Forced Air
Lot Size: 0.03 Acres
Taxes: $2,483
Year Built: 1915
Feature Descriptions
Accessibility: Level Entry - Main
Days on Site: 6
Exterior: Masonry
Lot: Corner
Lot Dimensions: 0.03 Acre(S)
Municipality: PHILADELPHIA
Parking Notes: Public
Sewer: Private Sewer
Total Garage/Parking Spaces: 0
Units: 2
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: KW Empower
Agency Phone: 2156273500
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
157 S 60th Street | MLS# PAPH2661914
This commercial property located at 157 S 60th Street, Philadelphia, PA 19139 is currently listed for sale with an asking price of $299,000. S 60th Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.realtymark.net today.