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421 W Olney Avenue
Philadelphia, PA 19120

$250,000 - Status: ACTIVE
SQFT: 1,460
MLS# PAPH2687468

Have you been expanding your business and you are looking for a permanent spot for your business? This affordable Mixed-use investment opportunity located along a major commercial corridor in the Olney/Oak Lane section of North Philadelphia. This 3-unit property consists of a vacant first-floor commercial space, a bi level second/third-floor residential apartment, and a separately located 4-car garage, offering multiple income streams. The first-floor commercial unit features direct access to the basement and a separate side entrance, providing flexibility for a variety of business uses. The second-floor residential unit has its own private side entrance where the owner can live above the business. The detached 4-car garage, located directly behind the building, provides additional rental income potential. Situated at 421 W Olney Ave, the property is surrounded by residential housing and is just one block from 5th Street. The location offers easy access to Roosevelt Boulevard, Broad Street, and Cheltenham Avenue, making it convenient for tenants and customers alike. This property presents an excellent opportunity for an owner-occupant or investor to add value by leasing the commercial space while collecting existing rental income from the residential unit and garage. Property is being sold as-is.

Property Features

MLS#: PAPH2687468
Zip: 19120
Subdivision: Olney
Development: Philadelphia
Property Type: Multi Unit - Multiple
Number of Units: 3
Cooling: Central A/C
Days on Site: 1
Fuel Type: Natural Gas
Garage: 4
Heating: Forced Air
Lot Size: 0.07 acres
Taxes: $3,019
Year Built: 1925

Feature Descriptions

Accessibility: 2+ Access Exits
Additional Structures: Above Grade, Below Grade
Exterior: Masonry
Lot Dimensions: 0.07 Acre(S)
Municipality: PHILADELPHIA
Parking Notes: Private
Sewer: Public Sewer
Structure Type: Other
Total Garage/Parking Spaces: 4
Two Bedroom Units: 2
Units: 3
Water: Public

Local Schools

School District: PHILADELPHIA CITY

421 W Olney Avenue | MLS# PAPH2687468

This multi-family property located at 421 W Olney Avenue, Philadelphia, PA 19120 is currently listed for sale with an asking price of $250,000. W Olney Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on ehogan.lewith-freeman.com today.

Listed By / Shown By

Listed By

Agency Name: BHHS Fox & Roach-Blue Bell
Agency Phone: 2155422200

Shown By

Agent Name: Evelyn Hogan
Agent Phone: (570) 262-5956
Agency Title: Lewith & Freeman

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AGENT INFORMATION

Lewith & Freeman Evelyn Hogan (570) 262-5956 evelynhogan13@gmail.com

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Estimated Payment

$ 1,748.13 per month $1,423.63 Principal & Interest $251.58 Property Tax $72.92 Homeowner's Insurance

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