1427 Point Breeze Ave
$299,000
1427 Point Breeze Ave, Philadelphia, PA 19146
2,118 sqft
Building Size
1915
Year Built
Details:
Highlights:
- Days on Market: 77
Description:
Attention Developers and Investors — Don’t miss this exceptional chance to own a high-potential, mixed-use property in one of South Philadelphia’s most rapidly growing corridors. 1427 Point Breeze Avenue is a framed, 3-story building with all current permits in place, ready for your finishing touches.
Designed with income in mind, the layout includes a commercial space on the ground floor and two spacious 2-bedroom, 1-bath flats on the upper levels — each with a separate private entrance. Situated on an extra-deep 16' x 78' lot, the building offers generous interior space on every floor.
Upon completion, this property is projected to generate approximately $6,600/month in rental income, delivering an impressive 12%+ cap rate — an outstanding value-add opportunity in a highly desirable location.
Located in the heart of a thriving business district with a Walk Score of 83, you'll be surrounded by trendy restaurants, local shops, and new developments, with convenient access to public transit just steps away.
Whether you're looking to expand your portfolio or capitalize on South Philly’s growth, this is your moment. Schedule your private tour today!
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