727 S 2 Nd St

Highlights:

• Days on Market: 87
• Heating: 90% Forced Air

Description:

This exceptional mixed-use commercial real estate opportunity presents a strategically positioned corner brick building in Philadelphia's prestigious Queen Village neighborhood. The property offers investors a compelling 6% capitalization rate with immediate income generation potential, making it an ideal candidate for 1031 exchanges or direct investment strategies.
The building comprises five total units: four residential units and one restaurant space (could be add it to the purchase), all currently occupied under lease agreements ensuring immediate cash flow from acquisition. The CMX zoning designation provides operational flexibility for various commercial applications while maintaining residential income stability.
Property Highlights:
- Prime corner location in Queen Village, one of Philadelphia's most desirable upscale neighborhoods
- Fully leased building generating immediate rental income
- Well-maintained brick construction ensuring structural integrity
- Mixed-use zoning allowing diverse investment strategies
- Established tenant base providing income stability
- 6% cap rate offering competitive returns in current market conditions
The Queen Village location provides significant advantages, situated in a historically significant area known for its walkability, dining establishments, and proximity to Center City Philadelphia. The neighborhood's continued gentrification and development activity support long-term appreciation potential.
This turnkey investment opportunity requires minimal immediate capital improvements due to the property's well-maintained condition. The diverse unit mix provides income diversification across residential and commercial sectors, reducing vacancy risk while maximizing revenue potential.
Financial documentation and detailed property information are available upon request. All showings require 24-48 hour advance notice due to current tenant occupancy. Professional investors and qualified 1031 exchange participants are encouraged to inquire for comprehensive financial analysis and property details.

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Listing ID: 804304713800