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Listed by Sabina Palermo • Philly LMG, LLC
$1,650,000
Est. payment /mo
1,054 Sqft Lot
Active
38 S 3RD ST Philadelphia, PA 19106
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Old City
MLS Listing ID PAPH2576592
Year Built 1900
Annual Tax Amount $16,437
Tax Year 2025
Lot Size 1,054 Sqft
Acres 0.02
Lot Dimensions 17.00 x 62.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
This fully-occupied 5,000 square foot building zoned CMX3, features 4 two bedrooms residential units. On the ground level there is a commercial space that is leased by Opportunity Barks Dog Training. Some basic updates have been made to the residential units in 2025, but there is still room for further improvements to increase the value. All units have central air and heat as well as washer/dryers. Located in the heart of Old City, 38 S. 3rd Street is a smart and strategic investment opportunity. Tenants enjoy exceptional walkability to great restaurants and boutiques. They have convenient access to public transit, with the 2nd Street Market–Frankford Line station just one block away. The property is also minutes from major medical institutions like Pennsylvania Hospital and Jefferson Hospital. It sits only a few blocks from I-95 providing quick, easy access to South Jersey.
Location
State PA
County Philadelphia
Area 19106 (19106)
Zoning CMX3
Interior
Hot Water 60+ Gallon Tank
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871009230
Ownership Fee Simple
Special Listing Condition Standard
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