6411 Vine St, Philadelphia, PA 19139

$499,900
2,100
SqFt

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List Price
$499,900
Days on Market
4
Status
COMING SOON
MLS#
PAPH2650910
Living Area
2,100
Lot Size (Acres)
0.04
Style
Dwelling with Rental, Straight Thru, Converted Dwelling
Year Built
1915
County
Philadelphia
School District
Philadelphia City

Property Description

Turnkey CMX mixed-use property offering an excellent opportunity for investors, business owners, or owner-occupants. The property features four efficiency apartments, with three currently leased and one vacant, providing immediate income with additional upside. The fully renovated commercial space, formerly operated as a daycare, is vacant and ready for its next owner or tenant. Whether you're looking to expand your investment portfolio, operate your business on-site, or live in one unit while generating rental income from the others, this property offers exceptional flexibility. The CMX zoning allows for a variety of commercial uses, making it ideal for daycare, office, retail, professional services, and more (buyer to verify intended use). The property has been thoughtfully updated and is move-in ready, allowing the next owner to begin generating income immediately without the need for renovations. In addition to ample street parking, the property also features a two-car garage in the rear, providing valuable off-street parking for owners, tenants, or business customers. Conveniently located near public transportation, shopping, schools, and major roadways, this is a rare opportunity to own a versatile, income-producing property in West Philadelphia. Current Gross Annual Income 3 occupied units = $33,600/year Potential Gross Annual Income (once fully leased): 4 efficiency units approx $44,400/year Commercial space (estimated at $2,000–$2,800/month): $24,000–$33,600/year Potential Gross Income: $68,400–$78,000/year Schedule your private showing today.

Additional Information

Area
19139 (19139)
Taxes
$2717
School District
Philadelphia City
Garage
Yes
Garage Spaces
2
Heating
Other
Heating Fuel
Geo-thermal
Cooling
Other
Roof
Flat
Utilities
Natural Gas Available, Electric Available, Water Available
Water
Public
Sewer
Public Sewer
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of Brokers Realty Group, LLC. Contact: 8556872765