Philadelphia, PA 19146 1427 Point Breeze Avenue

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Presented By: RE/MAX @ HOME
  • MLS# PAPH2483534
  • 05/28/2025
  • Request Tour
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  • SQFT • 3,500

Home Details

Investor Alert! The property is framed and ready for finishing, featuring 3 total units - 1 commercial space and 2 residential units, each with 2 bedrooms. Prime opportunity in booming Point Breeze with endless potential. Welcome to 1427 Point Breeze Avenue a mixed-use triplex featuring (1) commercial unit on the ground floor and (2) residential units above, each designed as a 2-bedroom, 1-bathroom apartment. A full third story has been added to the existing structure, expanding the buildings livable space and income potential. This property is mid-construction and will be sold in As-Is condition, giving investors and builders the chance to complete the project to their own specifications. Estimated rental income upon completion is approximately $4,100/month, making this an outstanding value-add investment in one of South Philadelphias most active corridors. The commercial unit offers great visibility and access along busy Point Breeze Avenue, ideal for a retail shop, caf, or office. The residential units feature spacious layouts with tons of natural light and are well-suited for long-term rental or short-term stays. Located just minutes from Center City, with public transportation nearby and surrounded by new development, this property sits in a high-demand area for both tenants and businesses. Property is being sold in AS-IS condition and the buyer will be responsible for obtaining the U&O. Dont miss your chance to bring this nearly-complete project to the finish line and create a fully cash-flowing asset in a rapidly appreciating neighborhood.
Presented By: RE/MAX @ HOME

Interior Features for 1427 Point Breeze Avenue

Other Interior Features

Central Air Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNone

General for 1427 Point Breeze Avenue

Acceptable FinancingCash, Conventional, Other
AccessibilityNone
Association Recreation FeeN
Business TypeApartment Building
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
DirectionsFrom Broad St, head south until you reach Reed St. Turn right onto Reed St and continue for a few blocks till you hit Point Breeze Ave. Then turn left onto Point Breeze Ave. Drive down Point Breeze Av
HeatingForced Air
Historic Y/NNo
Lease Considered Y/NNo
Location TypeUrban
Lot Size Square Feet1240.00
Lot Size UnitsSquare Feet
MLS Area19146 (19146)
ModificationTimestamp2025-06-08T00:06:01
MunicipalityPHILADELPHIA
New ConstructionNo
OwnershipFee Simple
PossessionImmediate
Possible UseOther
Price Per Sq Ft Total AG102.86
Property SubtypeMixed Use
Property TypeCommercial Sale
Property UseOwner User
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NamePOINT BREEZE
Tax Annual Amount2807.0
Tax Assessed Value200600.0
Tax Lot89
Tax Year2024
TransportationAirport less than 10 miles, Bus Stop less than 1 mile, Commuter Rail Station less than 1 mile
Vacation Rental Y/NNo
ViewStreet
Virtual TourClick here
Water Access Y/NNo
Year Built1915
Year Built SourceAssessor
ZoningCMX2

Exterior for 1427 Point Breeze Avenue

Building Area Total3500.00
Car Parking Spaces
Land Assessed Value40120.00
Land Use CodeS30
Lot Dimensions16.00 x 78.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
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

Aleksandar Tomic

Real Estate Professional
Price $360,000
MLS#PAPH2483534
List Date 05/28/2025
Property Type Commercial
Phone 571.207.5186
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