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.
Listed By
Agency Name: BHHS Fox & Roach-Blue Bell
Agency Phone: 2155422200
Shown By
Agent Name: Michael Butcher
Agent Phone: (570) 430-0917
Agency Title: Lewith & Freeman
Lewith & Freeman Michael Butcher (570) 430-0917 mbutcher@Lewith-Freeman.com
Estimated Payment
$ 1,748.13 per month $1,423.63 Principal & Interest $251.58 Property Tax $72.92 Homeowner's InsuranceSend an email with a link to
421 W Olney Avenue , Philadelphia, PA 19120.
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421 W Olney Avenue , Philadelphia, PA 19120.
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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 mbutcher.lewith-freeman.com today.