$450,000
For Sale by Owner $88/sq ft
Listed 3 months ago

Multi-Family for Sale in Philadelphia, PA

3258 N Front St, Philadelphia, PA 19140
Studio
0 Bath
5,112 sq ft
Built 1935
PropSlick Verified Data Key facts & insights for this exact address
$88
Price / sq ft
1935
Year Built
$3,356
Property Tax / yr
1,944 sf
Lot Size
Philadelphia
County

Key Facts

Property TypeMulti-Family
Year Built1935
Square Footage5,112 sq ft
Lot Size1,944 sq ft
Annual Property Tax$3,356
Price / SqFt$88

Property Description

Welcome to this rare mixed-use opportunity in a prime location, spanning from Front Street to Hope Street. The property features a spacious commercial space on the first floor with excellent visibility and high traffic count, perfect for an owner-occupant or investor. The existing business is negotiable, but buyers have the flexibility to bring their own concept (buyer/buyer's agent responsible for confirming permitted uses). With CMX-2 zoning, the space is well-suited for a wide range of neighborhood-serving businesses, retail, or professional services. Above the commercial space are four residential apartments: currently configured as two 1-bedroom units and two 2-bedroom units. With thoughtful updates, there is potential to reconfigure to maximize value, such as converting into two 1-bedroom units and two 3-bedroom units. This creates an excellent opportunity for both rental income and long-term appreciation. The location is a standout feature: this property is surrounded by thriving businesses, ensuring steady foot traffic and exposure. Because the property spans the block, it offers dual street frontage-an advantage not commonly found in the area. An ideal setup allows you to run a business on the first floor, live in one of the upper units, and collect rental income from the others. Zoning is CMX-2 (Neighborhood Commercial Mixed-Use), allowing for a variety of residential and commercial uses.

Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Amenities and Features

Air Conditioning
Heating

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

Property Research
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Sale history, tax records, neighborhood appreciation, and investment analysis for this address.
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