$450,000

942-944 S 58TH STREET, Philadelphia, PA 19143

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

Unique Mixed-Use Duplex with Commercial Laundromat in Prime Location! Fantastic opportunity to live and work in the same building or generate income by renting one or both units. This property features a fully functional laundromat on the 1st floor and a spacious 4 bed/3 bath apartment on the second floor. 2nd floor: The residential unit was renovated 5 years ago with new electrical (dedicated panel in unit) and central air conditioning, which also services the laundromat office. It features an open and airy layout, complemented by light wood flooring and a bright, welcoming atmosphere. The chef's kitchen features a vented range and chef-grade appliances, all of which are included in the sale. The primary bedroom boasts an open-concept layout, a private en-suite bath, and a custom walk-in closet. The 2 front bedrooms each have private balconies and share a full bathroom. Another bedroom and a full bathroom complete this 2,187 sf apartment. 1st floor: The laundromat has approx. 35 washers & 38 dryers (half of which are non-functional) and a half bath. Equipment sold as-is — great value-add potential for upgrades or conversion to another commercial use. Additional profit centers include selling snacks & drinks, and a leased ATM that generates $0.75 per transaction. The 1st floor features access to a large patio, ideal for guests or potential business expansion. The large basement has floor drains and ample storage, accessible via a hatch in the laundromat office. Utilities: Three electric meters: one for the apartment, one for the first floor, and a separate meter for laundry operations (the latter two are billed together). The 1st floor pays for hot and cold water for the entire building. The heat is separately metered. Location Highlights: situated just off a busy intersection (58th & Baltimore Ave) — excellent foot traffic and visibility. Steps from the trolley line, providing easy access to University City & Center City. Short distance to Cobbs Creek Park, Malcolm X Park, and other green spaces. Near major institutions, including the University of Pennsylvania, Drexel University, and CHOP. Come set up shop at 58th & Baltimore and make your mark in this vibrant and evolving neighborhood.

Listing Status:
Active
Date Added:
June 4, 2025 at 05:00AM
Listing Office:
KW Empower : 2156273500
Listing Agent:
Stacy L Sanseverino : 2154315431
MLS ID:
PAPH2488442
  • Flooring: WoodCeramic Tile
  • A/C: Central A/C
  • Heating: YHot WaterForced AirNatural Gas
  • Disability Feature: 32"+ wide DoorsEntry Slope <1'Level Entry - Main

This listing courtesy of Stacy L Sanseverino, KW Empower

Monthly Payment

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

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Location

Schools Nearby

A

Add B. Anderson School

1034 S 60th St, Philadelphia, PA, 19143

Grades KG-8

0.30 miles away

A

Add B. Anderson School

1034 S 60th St, Philadelphia, PA, 19143

Grades KG-8

0.30 miles away

M

Motivation High School

5900 Baltimore Ave, Philadelphia, PA, 19143

Grades 9-12

0.17 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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