Philadelphia, PA 19134,2317 E WESTMORELAND ST
Philadelphia, PA 19134,2317 E WESTMORELAND ST
Philadelphia, PA 19134,2317 E WESTMORELAND ST
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tue
22
Apr
Wed
23
Apr
Thu
24
Apr
$860,000
Est. payment /mo
3,948 SqFt
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,948 sqft

Price per Sqft $217

MLS Listing ID PAPH2456474

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $7,133

Tax Year 2024

Lot Size 2,100 Sqft

Acres 0.05

Lot Dimensions 50.00 x 42.00

Property Sub-Type Mixed Use

Property Description

Rarely available, fully renovated 4-unit mixed-use property with stable cash flow and modern amenities! This fully sprinklered building features three upscale 1-bedroom, 1-bath apartments and a long-term medical tenant on the ground floor, ensuring steady rental income.
Key Investment Highlights:
✔ Strong 8.3% Cap Rate – High-yield, income-producing asset
✔ Fully Leased & Cash Flowing – Stable residential & commercial tenants
✔ Turnkey Condition – Low-maintenance, modern construction
✔ High-Demand Location – Steps from Aramingo Ave, I-95, transit, and retail hubs
✔ Quality Upgrades – Tankless water heaters, sliding glass shower doors, central air, LED lighting, granite countertops, tile flooring, stainless steel appliances
✔ Fire & Safety Compliance – Fire alarm monitoring & annual system maintenance
✔ Transferrable Roof Warranty – Added long-term value
This prime investment property offers investors a rare opportunity to acquire a stabilized, low-maintenance asset in a rapidly growing area. Perfect for 1031 exchange buyers and portfolio investors!
📍 Location Perks: Close to public transportation, restaurants, big-box retailers, hospitals, schools, parks, fitness centers, I-95, and just minutes from downtown.
Don't miss this highly desirable, fully occupied asset—schedule your tour today!

Location

State PA

County Philadelphia

Area 19134 (19134)

Zoning ICMX

Interior

Hot Water Instant Hot Water, Tankless, Electric

Heating Central

Cooling Central A/C

Flooring Ceramic Tile, Laminate Plank

Inclusions transferrable roof warranty

Heat Source Electric

Exterior

Utilities Available Electric Available, Sewer Available, Water Available

Water Access N

Roof Type Flat,Rubber

Accessibility Doors - Swing In

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871586000

Ownership Fee Simple

SqFt Source Estimated

Security Features Exterior Cameras,Main Entrance Lock,Smoke Detector,Sprinkler System - Indoor,Window Grills

Acceptable Financing Cash, Conventional, Negotiable, Private, Other

Listing Terms Cash, Conventional, Negotiable, Private, Other

Financing Cash,Conventional,Negotiable,Private,Other

Special Listing Condition Standard


Read Less Info
Bright MLS (BMLS)
Listed by Sokhoung Choing • Red Door Real Estate
agent-avatar

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

2317 E WESTMORELAND ST