21
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$449,900
Est. payment /mo
1,736 Sqft Lot
New
6434 RISING SUN AVE Philadelphia, PA 19111
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2573148
Year Built 1950
Annual Tax Amount $2,988
Tax Year 2015
Lot Size 1,736 Sqft
Acres 0.04
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Fully renovated mixed-use investment opportunity located on bustling Rising Sun Avenue in the heart of Northeast Philadelphia. 6434 Rising Sun Ave offers a solid, income-producing property consisting of a street-level commercial storefront and three residential apartments, all currently rented with separate utilities.
The ground-floor commercial space is leased to a church at $1,000/month plus $50/month toward the water bill, with a lease in place through June 2026, providing stable commercial income. Also on the first floor, with a separate entrance, is a rear one-bedroom apartment currently rented for $850/month. The second floor features a spacious two-bedroom apartment renting for $1,000/month, while the third floor offers another two-bedroom apartment rented for $1,000/month plus $50/month toward the water bill. Laundry is conveniently located within the second-floor unit.
The entire building has been comprehensively remodeled, including new electrical, new plumbing, a new heating system, and thoughtfully designed, well-configured floor plans. The property is separately metered for gas and electric, simplifying management and expense allocation for an investor.
Ideally situated along a high-visibility corridor, this property benefits from excellent walkability and close proximity to a wide array of neighborhood amenities, including grocery stores, restaurants, shops, and everyday services. Public transportation is easily accessible, with multiple bus routes along Rising Sun Avenue and nearby connections to regional rail, making commuting convenient for tenants. The location also offers quick access to major roadways and highways, including Route 1, Roosevelt Boulevard, and I-95, providing easy travel throughout Philadelphia and the surrounding suburbs.
A turn-key mixed-use asset in a strong rental location—perfect for investors seeking steady cash flow in a revitalized Northeast Philadelphia corridor.
The ground-floor commercial space is leased to a church at $1,000/month plus $50/month toward the water bill, with a lease in place through June 2026, providing stable commercial income. Also on the first floor, with a separate entrance, is a rear one-bedroom apartment currently rented for $850/month. The second floor features a spacious two-bedroom apartment renting for $1,000/month, while the third floor offers another two-bedroom apartment rented for $1,000/month plus $50/month toward the water bill. Laundry is conveniently located within the second-floor unit.
The entire building has been comprehensively remodeled, including new electrical, new plumbing, a new heating system, and thoughtfully designed, well-configured floor plans. The property is separately metered for gas and electric, simplifying management and expense allocation for an investor.
Ideally situated along a high-visibility corridor, this property benefits from excellent walkability and close proximity to a wide array of neighborhood amenities, including grocery stores, restaurants, shops, and everyday services. Public transportation is easily accessible, with multiple bus routes along Rising Sun Avenue and nearby connections to regional rail, making commuting convenient for tenants. The location also offers quick access to major roadways and highways, including Route 1, Roosevelt Boulevard, and I-95, providing easy travel throughout Philadelphia and the surrounding suburbs.
A turn-key mixed-use asset in a strong rental location—perfect for investors seeking steady cash flow in a revitalized Northeast Philadelphia corridor.
Location
State PA
County Philadelphia
Area 19111 (19111)
Zoning CMX1
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Flooring Wood
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871164000
Ownership Fee Simple
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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