2541 S Clarion Street, Philadelphia, PA 19148

Property Description

Excellent opportunity to own a newly renovated, fully occupied mixed-use property featuring a first-floor commercial unit and three residential apartments above. The commercial space is currently occupied by a long-term dance studio tenant with interest in negotiating a long-term lease. The residential units consist of three one-bedroom, one-bath apartments, all upgraded with white cabinetry, quartz countertops, stainless steel appliances, gray vinyl flooring, recessed lighting and in-unit washer and dryer. Central HVAC serves the entire building. Parking is available for rent across the street. Ideally located near the Broad Street Line and within walking distance to Passyunk Avenue. Property generates $74,100 in gross annual rental income. Tenants pay all utilities, and leases include a $50 monthly annual rent increase upon renewal. Leases available upon request.

Property Features

Local Schools