3345 Kensington Avenue, Philadelphia, PA 19134

Property Description

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.

Property Features

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