Property Overview

This fully occupied two-story mixed-use property presents an excellent opportunity for a hands-off investor seeking long-term rental income. Situated in Philadelphia’s East Germantown neighborhood, this property features one commercial unit and one residential unit, both leased with stable cash flow.
Total Monthly Rental Income: $2,825
Annual Gross Income: $33,900
Lot Size: 17’ x 70’ (1,190 sq. ft.)
Building Size: 2,223 sq. ft.
Zoning: CMX1 (Commercial Mixed-Use) – Flexible zoning allows various business uses
Construction: Masonry building with durable exterior
Utilities: Separate metering, tenants responsible for their utilities
Condition: Appraised as average (+) condition with new flooring and fresh paint throughout

Investment Highlights

Turnkey Asset: Fully leased with strong tenant stability
Long-Term Cash Flow: Commercial tenant locked in for 9.5 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

Current Tenant: Established business under a 10-year gross modified lease
Lease Term Remaining: 9.5 years
Monthly Rent: $1,600
Tenant Pays: Electric, Gas
Ideal for Investors: Long-term lease provides consistent income with minimal landlord responsibilities