Philadelphia, PA 19104 868 N 44Th Street

868-70 N 44th St, Philadelphia, PA Mixed-Use 6 Unit Investment Property Outstanding investment opportunity in Philadelphia! This mixed-use property features 6 total units (2 commercial 1st floor units and 4 residential units) with central air, that generates a strong monthly income of $6,505. Property was gut-renovated in 2018 and has a 10-year tax abatement through 2029 for incredibly low taxes. The neighborhood is booming with new development with more projects planned for the future as well! Commercial Unit 1: $1,410/month Commercial Unit 2: $1,390/month Residential Unit 1: $915/month Residential Unit 2: $915/month Residential Unit 3: $900/month Residential Unit 4: $945/month (starting 9/1) All units are certified lead free, giving peace of mind for tenants and investors alike. Residential units all have in-unit laundry, solid hardwood flooring, and granite countertops. Buildings are fully sprinklered with fire alarm panel. Property has 6-car off-street parking in the rear (in addition to parking and private trash storage at 866 N 44th St), plenty of semi-private street parking in the rear parking lot, and a semi-private community garden on the block. This listing includes the adjacent vacant lot at 866 N 44th St. Whether youre looking to expand your portfolio or step into a fully occupied, income-producing property, this is a rare opportunity in a growing area of the city. Showings of 868 N 44th St are only allowed with a signed offer. 870 N 44th St #1 and residential units can be shown but only to qualified prospects. Strong preference will be given to Buyers with offers that include 4400 Lancaster Ave. Owner is a licensed real estate agent.