4025 Lancaster Avenue Philadelphia, PA $ 724,500
4025 Lancaster Avenue
$ 724,500
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4025 Lancaster Avenue

Philadelphia, PA, 19104
$ 724,500
Baths0.0 Sq 3,023

Monthly Estimate*

$ 4,815

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Studio

Commercial Property for sale in Philadelphia, PA

for $724,500. This 3,023 square foot building was built in 1915 on a lot size of 0.04.

Welcome to this fantastic property located in an opportunity zone on bustling Lancaster Ave, in the vibrant West Powelton neighborhood of West Philadelphia. This unique Quadplex offering consists of three residential units and one commercial space, presenting an incredible investment opportunity in a prime location. The commercial space features a convenient half bath, offering versatility for a variety of business endeavors. Unit 1 is a spacious bilevel 1 bedroom/1 bath layout, boasting a private washer & dryer and access to a large back yard, perfect for outdoor relaxation and entertainment. Unit 2 offers a comfortable floorplan, a 1 bed/1 bath layout with its own laundry facilities. Unit 3 is a spacious & stylish 2 bedroom/2 bath residence, also complete with the convenience of an in-unit washer & dryer and access to a delightful roof deck, providing a serene retreat with panoramic views. The roof deck and large yard contribute to the desirability of this property, offering outdoor spaces for residents to enjoy. Conveniently situated in close proximity to Penn, Drexel, and St. Joe's Universities, this property presents an exceptional opportunity for rental income and future growth potential. Whether you're looking to expand your investment portfolio or establish a new venture, this property is a must-see for those seeking a prime location with endless possibilities. Ample storage unit space in the basement & separate metered. Don't miss out on the chance to own this remarkable property in the heart of West Philly with extremely low operating costs schedule your showing today and seize this incredible investment opportunity! Tax abatement pending.

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Commercial Active

Price

$ 724,500

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,462

Style

General Retail,Apartment Building

Lot Size

0.04

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2304786

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Immediate
Zoning CMX2
Construction Materials Masonry
Year Built 1915
View Panoramic
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Natural Gas
Municipality PHILADELPHIA
Business Type Other/General Retail Apartment Building
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name WEST POWELTON
Water Access Y/N N
Status ACTIVE
Directions Waze
City PHILADELPHIA
Buyer Agent Compensation 2.5
Total Units 4
MLS Area 19104 (19104)
Lot Size Square Feet 1750.00
Waterfront Y/N N
Street Name LANCASTER
Tax Annual Amount 1462.0
Price Per Sq Ft Total 187.06
Vacation Rental Y/N N
Days on Market 152
Standard Status Active
Year Built Source Assessor
Tax Lot 153
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Inclusions Washer dryer refrigerators and appliances currently in all units.
Type of Parking On Street
Water View Y/N N
Building Area Total 3873.00
Lot Dimensions 18.00 x 94.00
Lot Size Acres 0.04
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 20893.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 4025
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* Excluded Features
List By
Compass Pennsylvania, Llc

Broker

laurie.murphy@compass.com

Email

Affordability Calculator

$4,937
Per Month
98%
2%
0%
Monthly Principal & Interest
$4,815
Monthly Property Taxes
$122
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2024$724,500 -0.07% Price Down
4/6/2024$725,000 -3.33% Price Down
2/26/2024$750,000 -6.13% Price Down
2/6/2024$799,000 -3.15% Price Down
1/23/2024$825,000 -2.94% Price Down
12/19/2023$850,000 Listed Price

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4025 Lancaster Avenue, Philadelphia, PA, 19104 is a Commercial Property for sale at $724,500 with 3,023 sqft and a lot size of 0.04. 4025 Lancaster Avenue is a studio with 0.0 baths and was built in 1915. The property's zip code is 19104 which is in Philadelphia, PA