Philadelphia, PA 19134 3345 Kensington Avenue
$289,900
2 more
Presented By: RE/MAX Ace Realty
SQFT • 2,110
Home Details
All showings must be accompanied by an agent. Do not disturb store employees.
Kensington Ave: a Brick and Stucco Mixed use building consisting of an occupied first floor commercial unit, and 2 occupied residential units (both are 1 bed/1 bath apt units) on the second and third floors above. The building is approx 2100 sq ft and has plenty of on street parking.
The commercial unit is currently a productive new Convenience Store with a 3 year lease & automatic rental increases. In 2025 the commercial unit rent is $1400/month.
The two apartment units have current leases of $800 and $750/month respectively. The leases in total currently produce a net income total of $2950/month.
All of the units were renovated in 2020.
This income producing building in the Kensington section of Philadelphia is close to the El, Kensington Works and many new businesses.
Building is in very good condition and is being sold as-is.
Presented By: RE/MAX Ace Realty
Interior Features for 3345 Kensington Avenue
Bathrooms
Total Restrooms3
Other Interior Features
Central Air Y/NNo
FlooringCeramic Tile, Hardwood, Laminate Plank, Laminated, Partially Carpeted
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas, Electric
Total Stories3
Other Rooms
Entry Level1
General for 3345 Kensington Avenue
Acceptable FinancingCash, Conventional
AccessibilityNone
Business TypeApartment Building, Convenience Store/Gas
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingDuctless/Mini-Split, Window Unit(s)
CountyPHILADELPHIA
DirectionsUse GPS
DisclosuresLead Based Paint - State, Prop Disclosure, Under Lease
ExclusionsAll store equipment, all personal property
Gross Income35400.00
Heating90% Forced Air, Baseboard - Electric, Baseboard - Hot Water
Historic Y/NNo
Insurance Expense2000.00
Lease Considered Y/NNo
Lot Size Square Feet1257.00
Lot Size UnitsSquare Feet
MLS Area19134 (19134)
MaintenanceExpense750.00
ModificationTimestamp2025-06-02T18:23:38
MunicipalityPHILADELPHIA
Net Operating Income31473.00
New ConstructionNo
Number Of Units Total3
OwnerPaysCommon Area Maintenance, Heater Maintenance Contract, Sewer Maintenance, Taxes - Real Estate
OwnershipFee Simple
PossessionImmediate, Negotiable
Price Per Sq Ft Total AG137.39
Property ConditionGood
Property SubtypeMixed Use
Property TypeCommercial Sale
Property UseInvestment
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameKENSINGTON
Tax Annual Amount1177.0
Tax Assessed Value84100.0
Tax Lot14
Tax Year2024
TransportationBus Stop less than 1 mile, Airport less than 10 miles, Metro/Subway Station less than 1 mile, Commuter Rail Station 1 to 5 miles
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1915
Year Built SourceAssessor
ZoningCMX2
Exterior for 3345 Kensington Avenue
Building Area Total2110.00
Car Parking Spaces
Fencing Y/NY
InclusionsCurrent leases
Land Assessed Value16820.00
Land Use CodeY50
Lot Dimensions16.00 x 79.00
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
WaterfrontY/NNo
Additional Details
Price History
Aleksandar Tomic
Real Estate Professional