Philadelphia, PA 19124 1318 E Luzerne Street
$319,000
12 more
Presented By: RE/MAX Plus
Beds • 5
Home Details
Investor's Alert! A great corner property for sale below Market price. This 2600sqft mix-use property is located in a nice and clean street. It contains of 1 commercial space and 2 residential family. Unit1 commercial space is generating
$850 monthly income with 5% rent increase every year. Unit2 is a large 2B1B generating $900 a month, which is under market price. Unit3 is a 3B1B rented at $950 a month, also way under market price. These 3 units currently generating $32.4K yearly income, while the normal market price should be $35-37K. A great investment property for you to pick in Northeast Philly. Won't last long, schedule your appointment ASAP.
Presented By: RE/MAX Plus
Interior Features for 1318 E Luzerne Street
Bedrooms
Three Bedroom Units Count1
Other Interior Features
LivingAreaSourceEstimated
BasementWalkout Level, Other
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
FlooringTile/Brick
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 1318 E Luzerne Street
AccessibilityNone
Architectural StyleOther
CityPHILADELPHIA
Construction MaterialsOther
Cool FuelOther
CoolingWindow Unit(s)
CountyPHILADELPHIA
Directions*
Electric100 Amp Service
Garage Y/NNo
Heating90% Forced Air
Lot Size Square Feet1435.00
Lot Size UnitsSquare Feet
MLS Area19124 (19124)
ModificationTimestamp2025-05-27T19:34:40
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total3
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG122.69
Property ConditionGood
Property SubtypeTriplex
Property TypeMulti-Family
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count1
Standard StatusActive
StatusACTIVE
Structure TypeEnd of Row/Townhouse
Subdivision NameJUNIATA
Tax Annual Amount2470.0
Tax Assessed Value176500.0
Tax Lot220
Tax Year2025
Total SQFT2600
Two Bedroom1
UtilitiesWater Available
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1925
Year Built SourceAssessor
Zoning*
Exterior for 1318 E Luzerne Street
Foundation DetailsOther
Land Assessed Value35300.00
Land Use CodeO30
Lot Dimensions18.00 x 82.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Road Surface TypeOther
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
WaterfrontY/NNo
Additional Details
Price History
Aleksandar Tomic
Real Estate Professional