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SOLD
$159,500
Date 10/22/2024

5501 Lansdowne Avenue
Philadelphia, PA 19131

General Commercial
Commercial
0.05
Acre Lot
Courtesy: Perfect Place Real Estate Co., 2159219053
brightmlshomes.com> Pennsylvania> Philadelphia> 19131
Imagine a bustling corner property in West Philadelphia, brimming with potential. This isn't just a building, it's a blank canvas waiting for your vision. At a sprawling 4,191 square feet, the possibilities are endless. On the ground floor, a well-established barbershop thrives. With its dedicated waiting area, barber parlor, and storage space, it's a cornerstone of the community. However, with its CMX2 Zoning, there are many possibilities for using the space. Check out the City of Philadelphia Zoning Quick Guide pages 26-27 for more details. In the back, a one-bedroom apartment currently has a month-to-month lease. Head upstairs and discover a vacant gem â a wide-open space on the second-floor front. This flexible area could be a two- or three-bedroom unit with its own kitchenette and full bathroom. In the rear, another one-bedroom unit offers steady income with a month-to-month lease. Third floor is currently an unfinished shell, this vast space is a dream waiting to happen. Imagine transforming it into a luxurious multi-bedroom apartment. Separate utilities for each unit keep things simple, and the extra-large basement with outside access hints at even more possibilities (verification recommended). Sure, the property needs some TLC, but that's the beauty of it. This is your chance to roll up your sleeves, unleash your creativity, and unlock the true potential of this West Philadelphia gem. With current rents below market value, there's room to grow your income. Plus, the convenient location near transportation, schools, and shopping ensures your tenants will love calling this place home. Are you a visionary investor or a savvy entrepreneur? If you're ready to turn potential into profit, schedule your showing today (with at least 24 hours' notice). This West Philadelphia property awaits your transformation. Buyer must confirm use. Don't miss out â all offers will be presented. Preferable sold subject to existing leases.
PAPH2358884
General Commercial
PHILADELPHIA
PHILADELPHIA
1915
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0.05 Acres
Gas Water Heater, Public Water Service
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Perfect Place Real Estate Co., 2159219053
This content last refreshed on 11/7/2024 7:10 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.