Long-Term Leases, Strong Cash Flow
5604 1/2 Chew Ave, Philadelphia, PA 19138
Asking Price: $235,000
Mixed-Use Building | Income + Upside | High-Traffic Location
Property Overview
This two-story mixed-use property presents a strong opportunity for an investor looking for stable income today with additional upside built in.
Located in Philadelphia’s East Germantown neighborhood, the property includes one commercial storefront and one residential unit.
- Commercial Unit: Currently leased at $1,600/month with 8 years remaining on a 10-year lease
- Residential Unit: Currently vacant with projected rent of ~$1,400/month
This setup gives you immediate cash flow from day one with the ability to increase returns by leasing the apartment.
- Current Monthly Income: $1,600
- Projected Monthly Income (Fully Leased): $3,000
- Projected Annual Gross Income: $36,000
Lot Size: 17’ x 70’ (1,190 sq. ft.)
Building Size: 2,223 sq. ft.
Zoning: CMX1 (Commercial Mixed-Use)
Construction: Masonry
Utilities: Separate metering
Condition: Average (+) with updated flooring and paint
Investment Highlights
- Turnkey Asset: Fully leased with strong tenant stability
- Long-Term Cash Flow: Commercial tenant locked in for 8 more years
- Low Maintenance: Tenant-paid utilities reduce ownership costs
- Growing Neighborhood: East Germantown is experiencing redevelopment and rising property values
- Accessible Location: Close to US-1, PA-611, I-76, and PA-309, providing easy access to Center City Philadelphia and surrounding areas
2nd Floor Photographs
Ground Floor Photographs
Total Monthly Rental Income: $2,825
Annual Gross Income: $33,900
Income Breakdown
Commercial Unit (Ground Floor)
- Current Tenant: Established business under a 10-year gross modified lease
- Lease Term Remaining: 8 years
- Monthly Rent: $1,600
- Tenant Pays: Electric, Gas
- Ideal for Investors: Long-term lease provides consistent income with minimal landlord responsibilities
Residential Unit (Second Floor)
Current Status: Vacant
Lease Term Remaining: 10 months remaining
Projected Rent: $1400
Tenant Pays: Electric, Gas
Ideal for Investors: Strong Rental Market: High demand for affordable residential rentals in the area
