Turnkey Investment with Immediate Cash Flow! Positioned along a high-visibility corridor in Philadelphia, 1201 E Lycoming St presents a compelling income-producing opportunity with a strong unit mix and immediate revenue in place. This four-unit property includes three residential units and one street level store-front unit, creating multiple income streams within… Read More a single asset. The residential component consists of one 1-bedroom unit, one studio-style 1-bedroom unit, and one 2-bedroom unit. The street-level unit benefits from strong visibility and direct access, offering flexibility for a variety of permitted uses subject to buyer verification. The property generates in-place income with the street-level storefront and studio leased together for $1,135 per month, while the 2-bedroom residential unit is leased at $725 per month. The 1-bedroom residential unit is currently vacant, with a projected market rent of approximately $725 per month. For investors seeking an income-producing asset with existing cash flow and room for future value enhancement, this property represents a strong addition to a Philadelphia investment portfolio! Seller is a Pennsylvania, licensed real estate broker. Read Less
Courtesy of Darwin Laureano, EXP Realty, LLC 888-397-7352
Listing Snapshot
Days Online
36
Last Updated
Property Type
Commercial
Square Ft.
2,160
Lot Size
0.03 Acres
Year Built
1925
MLS Number
PAPH2602410
Additional Details
Building
Built in 1925, Construction Materials: Masonry, Brick
Cooling
Ceiling Fan(s)
Foundation
Concrete Perimeter
Heating
Baseboard - Electric
Income
Gross Income: $8,623.95
Lot
0.03 acres, Dimensions: 20.00 x 74.00
Sewer
Public Sewer
Taxes
Annual Amount: $1,508, Year: 2026, Zoning: RSA5
Utilities
Water Source: Public
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