Property
Philadelphia, PA 19134 2345 E Somerset Street
$900,000
34 more
Presented By: KW Empower
Beds • 3
Beds • 3Home Details
This rare 3-unit, 2-building package includes a fully rented single-family home at 2345 E Somerset (4 beds/1.5 bath, leased at $1,850/month through 4/30/2026) and a prominent corner mixed-use duplex at 2347 E Somerset, anchored by a long-term wing shop tenant paying $3,500/month NNN with 6+ years remaining. The commercial tenant also uses the basement for office space, a half bath, and yard access for trash storage. The second-floor apartment is a freshly renovated 2-bedroom with a private deck, washer/dryer, dishwasher, central air, and all-new finishes; it is currently vacant with a projected rent of $1,300. This is an excellent pure investment play or an opportunity to live in either the apartment or the single-family home once available. Owning the adjoining property simplifies commercial management, and the location offers easy access to I-95, local retailers, and major shopping centers.
Presented By: KW Empower
Interior Features for 2345 E Somerset Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
Central Air Y/NYes
Fireplace Y/NNo
FlooringCeramic Tile, Luxury Vinyl Plank
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 2345 E Somerset Street
Acceptable FinancingCash, Conventional
AccessibilityNone
Architectural StyleTraditional
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsAt the corner of Aramingo & Somerset
Garage Y/NNo
Gross Income64200.00
HeatingForced Air, Radiator
Lease TypeTriple Net, Yearly, Long Term
Living Area3192
Lot Size Square Feet3643.00
Lot Size UnitsSquare Feet
MLS Area19134 (19134)
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total3
Number of Units Leased2
NumberOfUnitsVacant1
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 3
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG281.95
Property SubtypeTriplex
Property TypeMulti-Family
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count1
Standard StatusActive
StatusACTIVE
Structure TypeTwin/Semi-Detached
Subdivision NamePORT RICHMOND
Tax Annual Amount4901.0
Tax Assessed Value164500.0
Tax Year2025
Total Actual Rent79800.00
Total SQFT3192
TransportationBus Stop less than 1 mile, Metro/Subway Station less than 1 mile, Commuter Rail Station less than 1 mile
Two Bedroom1
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Year Built1925
Year Built SourceAssessor
ZoningCMX1
Exterior for 2345 E Somerset Street
Foundation DetailsStone
InclusionsRefrigerator
Land Assessed Value32900.00
Land Use CodeS30
Lot Dimensions41.00 x 73.00
Lot Size Acres0.08
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Kensington High School
Middle School
Memphis Street Academy Charter School At J.P. Jones Middle School
Elementary School
Richmond Elementary School
YOLANDA CASSIDY-BOGAN
Associate