MLS#PAPH2562866
STATUSACTIVE
PROPERTY TYPECommercial -
SUBDIVISIONPORT RICHMOND
SCHOOLTHE SCHOOL DISTRICT OF PHILADELPHIA
Property Description
Surrounded by new construction, this rare 3-unit, 2-building package includes a fully rented single-family home at 2345 E Somerset (4 beds/1.5 bath, leased at $1,850/month through 4/30/2026) and a prominent corner mixed-use duplex at 2347 E Somerset, anchored by a long-term wing shop tenant paying $3,500/month NNN with 6+ years remaining. The commercial tenant also uses the basement for office space, a half bath, and yard access for trash storage. The second-floor apartment is a freshly renovated 2-bedroom with a private deck, washer/dryer, dishwasher, central air, and all-new finishes; it is currently vacant with a projected rent of $1,300. This is an excellent pure investment play or an opportunity to live in either the apartment or the single-family home once available. Owning the adjoining property simplifies commercial management, and the location offers easy access to I-95, local retailers, and major shopping centers.
Property Features
Property Type: Commercial -
Cooling: Central A/C, Window Unit(s)
Fuel Type: Natural Gas
Heating: Forced Air, Radiator
Lot Size: 0.08 Acres
Taxes: $4,901
Year Built: 1925
Feature Descriptions
Days on Site: 90
Exterior: Masonry
Flooring: Ceramic Tile, Luxury Vinyl Plank
Lot Dimensions: 0.08 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Total Garage/Parking Spaces: 0
Units: 3
Water: Public
Local Schools
High School: KENSINGTON
Middle School: MEMPHIS STREET ACADEMY CHARTER SCHOOL AT
Elementary School: RICHMOND
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Listed By / Shown By
Listed By
Agency Name: KW Empower
Agency Phone: 2156273500
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
2345-47 E Somerset Street | MLS# PAPH2562866
This commercial property located at 2345-47 E Somerset Street, Philadelphia, PA 19134 is currently listed for sale with an asking price of $900,000. 2345-47 E Somerset Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.realtymarkllc.com today.