Property

Philadelphia, PA 19121 1952 N 24Th Street

1952 N 24Th Street Philadelphia, PA - Image 11952 N 24Th Street Philadelphia, PA - Image 21952 N 24Th Street Philadelphia, PA - Image 3
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Presented By: Penn Liberty Real Estate
  • MLS# PAPH2556308
  • 11/06/2025
  • Request Tour
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  • SQFT • 1,500

Home Details

This exceptional commercial property, originally constructed in and early 1900"s renovated in 2022, presents a unique investment opportunity with significant potential for returns. The recent renovations have elevated the property to excellent condition, featuring durable masonry construction and modern luxury vinyl plank flooring, ensuring low maintenance and high tenant appeal. Strategically located within proximity to public transportation options, including a bus stop less than one mile away and commuter lots within five miles, this property is poised to attract a diverse range of tenants. The compact lot size of 0.05 acres allows for efficient management while maximizing rental income potential. Investors will appreciate the comprehensive management structure in place, covering essential services such as real estate taxes, water, trash collection, snow removal, sewer maintenance, repairs, pest control, and insurance. This streamlined approach minimizes operational burdens and enhances profitability. The property's excellent condition and strategic location make it an attractive option for both long-term and short-term rental strategies. With the ongoing demand for commercial spaces in well-connected areas, this property stands as a promising asset for investors seeking to capitalize on the growing market. In summary, this property not only offers a solid foundation for immediate cash flow but also positions itself for appreciation in value, making it a prudent addition to any investment portfolio.
Presented By: Penn Liberty Real Estate

Interior Features for 1952 N 24Th Street

Bathrooms

Total Restrooms2

Other Interior Features

Clear Span Ceiling Height10' to 12'
Central Air Y/NYes
FlooringLuxury Vinyl Plank
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Total Stories2

Other Rooms

Entry Level1

General for 1952 N 24Th Street

Accessibility2+ Access Exits
Association Recreation FeeN
Business TypeOther/General Retail
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsNorris to 24th
Electric100 Amp Service
Gross Income13200.00
Heating90% Forced Air
Historic Y/NNo
Lease Considered Y/NYes
Lot Size Square Feet2178.00
Lot Size UnitsSquare Feet
MLS Area19122 (19122)
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total1
OwnerPaysTaxes - Real Estate, Water, Trash Collection, Snow Removal, Sewer Maintenance, Sewer, Repairs, Pest Control, Management, Insurance
OwnershipFee Simple
PossessionImmediate
Possible UseApartments, Barber/Beauty, Clothing, Commercial, Day Care, Financial, Flex Space, Medical/Dental, Mixed Use, Printing, Professional Service, Residential, Retail, Special Purpose, Vacant, Other
Price Per Sq Ft Total AG171.33
Property ConditionExcellent
Property SubtypeMixed Use
Property TypeCommercial Sale
Property UseInvestment
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount937.0
Tax Assessed Value67000.0
Tax Lot104
Tax Year2025
Total Actual Rent26400.00
TransportationBus Stop less than 1 mile, Commuter Lots less than 5 miles
UtilitiesElectric Available, Natural Gas Available, Sewer Available
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1940
Year Built SourceEstimated
ZoningCMX1

Exterior for 1952 N 24Th Street

Building Area Total1500.00
Car Parking Spaces
Fencing Y/NY
Foundation DetailsStone
Inclusionsall appliances
Land Assessed Value13400.00
Land Use CodeO3O
Lot Size Acres0.05
Lot Size SourceEstimated
Navigable Water Y/NNo
Parking FeaturesPublic
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Charles Torres

Owner
Price $257,000
MLS#PAPH2556308
List Date 11/06/2025
Property Type Commercial
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