$319,000

1318 E LUZERNE STREET, Philadelphia, PA 19124

  • 2,600 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $123/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

Investor's Alert! A great corner property for sale below Market price. This 2600sqft mix-use property is located in a nice and clean street. It contains of 1 commercial space and 2 residential family. Unit1 commercial space is generating $850 monthly income with 5% rent increase every year. Unit2 is a large 2B1B generating $900 a month, which is under market price. Unit3 is a 3B1B rented at $950 a month, also way under market price. These 3 units currently generating $32.4K yearly income, while the normal market price should be $35-37K. A great investment property for you to pick in Northeast Philly. Won't last long, schedule your appointment ASAP.

Listing Status:
Active
Date Added:
May 27, 2025 at 05:00AM
Listing Office:
RE/MAX Plus : 2154223711
Listing Agent:
Qiao Shen : 2672061939
MLS ID:
PAPH2487324
  • Basement: Walkout LevelOther
  • Flooring: Tile/Brick
  • A/C: Window Unit(s)
  • Heating: Y90% Forced AirElectric
  • Disability Feature: None

This listing courtesy of Qiao Shen, RE/MAX Plus

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Francis Hopkinson School

4001 L St, Philadelphia, PA, 19124

Grades KG-8

0.07 miles away

F

Francis Hopkinson School

4001 L St, Philadelphia, PA, 19124

Grades KG-8

0.07 miles away

M

Mastbaum Jules E Avts

3116 Frankford Ave, Philadelphia, PA, 19134

Grades 9-12

1.16 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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