421 W OLNEY AVE Philadelphia, PA 19120
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,460 sqft
Price per Sqft $157
Subdivision Olney
MLS Listing ID PAPH2631084
Style Traditional
Abv Grd Liv Area 1,460
Year Built 1925
Annual Tax Amount $2,921
Tax Year 2025
Lot Size 2,900 Sqft
Acres 0.07
Lot Dimensions 25.00 x 116.00
Property Sub-Type Detached
Source BRIGHT
Property Description
The first-floor commercial unit features direct access to the basement and a separate side entrance, providing flexibility for a variety of business uses. The second-floor residential unit has its own private side entrance and is currently occupied by a tenant, which theres an option to have the tenant out by 60 days after going under contract. The detached 4-car garage, located directly behind the building, provides additional rental income potential.
Situated at 421 W Olney Ave, the property is surrounded by residential housing and is just one block from 5th Street. The location offers easy access to Roosevelt Boulevard, Broad Street, and Cheltenham Avenue, making it convenient for tenants and customers alike.
This property presents an excellent opportunity for an owner-occupant or investor to add value by leasing the commercial space while collecting existing rental income from the residential unit and garage. Property is being sold as-is.
Location
State PA
County Philadelphia
Area 19120 (19120)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Inclusions Items in the basement (no monetary value)
Fireplace N
Heat Source Natural Gas
Exterior
Parking Features Garage - Rear Entry, Oversized
Garage Spaces 4.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 4
Garage Y
Building
Foundation Other
Above Ground Finished SqFt 1460
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 612013200
Ownership Fee Simple
SqFt Source 1460
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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