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Sharon Brown

sharon@luxurylivingsold.com +1(703) 472-3686

Listed by Rick Land • KW Empower

$ 700,000

Est. payment | -/mo

2,011 Sqft Lot

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$ 700,000

Est. payment | -/mo

Save Virtual Tour

2,011 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID PAPH2530478

Year Built 1920

Annual Tax Amount $1,246

Tax Year 2025

Lot Size 2,011 Sqft

Acres 0.05

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

4400 Lancaster Ave, Philadelphia, PA. Don't miss this unique mixed-use 5-unit corner property in Philadelphia, grossing $6,474/month in rental income. Each unit offers strong cash flow: Unit 1 ($2,500/month, a 3,100+ sq ft commercial unit) | Unit 2 ($1,135/month) | Unit 3 ($960/month) | Unit 4 ($1,025/month, vacant) | Unit 5 ($945/month estimated, vacant). This turnkey investment was gut-renovated in 2017 with central air, hardwood floors, and granite countertops. The property is certified lead *free* and has 3x common coin-operated washers & dryers for extra income, with off-street parking in the rear. Building is fully sprinklered with fire alarm panel. Semi-private community garden on the block. Extremely low taxes currently with tax abatement ($1,246/yr), the property is legally zoned for its current use and owned by a licensed real estate agent. Situated on a prominent corner lot with high visibility and access to public transportation, this property is ideal for any investor looking to add a well-performing asset to their portfolio. This is a neighborhood currently booming with new construction and more construction planned for the near future. Make your appointment today! Showings of commercial space are only allowed with a signed offer, to avoid tenant business disruption. ***Strong preference will be given to offers that include both contiguous parcels at 4400 Lancaster Ave & 866-870 N 44th St.***

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning CMX2

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 4.0

Water Access N

Accessibility None

Total Parking Spaces 4

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871285460

Ownership Fee Simple

Special Listing Condition Standard

Virtual Tour https://my.matterport.com/show/?m=KVXUC8UkW49

NEARBY SCHOOL & BUSINESS

+1(703) 472-3686

sharon@luxurylivingsold.com

3 South Madison Street, PO Box 1500, Middleburg, VA, 20118, United States

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4400 LANCASTER AVE Philadelphia, PA 19104