New ListingFishtown Investment Opportunity | 1204-1206 E Palmer Street Don't miss this exceptional two-parcel versatile investment opportunity in the heart of Fishtown! This stabilized, income-producing asset features two commercial storefronts and five additional rental units, offering an attractive opportunity for investors and owner-occupants alike. Operate your own business from one storefront while generating rental income from the remaining units, or maximize the property's income potential as a long-term investment. Both buildings are in excellent condition, and the portfolio boasts an attractive 7.25% cap rate, making it an opportunity worth exploring in one of Philadelphia's sought-after neighborhoods.
| MLS # | PAPH2678860 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 2016 |
| Days On Site | 3 |
| Listing Provided By | Coldwell Banker Realty | Benjamin Katz |
| Basement | Y |
|---|---|
| Units | 3 |
| Zoning | CMX2 |
| Acreage | 0.04 |
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Construction Materials | Masonry, Hardi Plank Type, Stucco, Other |
|---|
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 6700 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19125 |
| Area | 19125 (19125) |
| Community Name | FISHTOWN |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in FISHTOWN) | |
Price: $1,325,000 low | high Med: $324,950 On site: 3 low | high Med: 117.5 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19125 |
| Area | 19125 (19125) |
| Community Name | FISHTOWN |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in FISHTOWN) | |
Price: $1,325,000 low | high Med: $324,950 On site: 3 low | high Med: 117.5 | |
![]() | $1,050,000448 E Girard AvePhiladelphia, PA 19125 |
![]() | $1,375,0001115 E Palmer StPhiladelphia, PA 19125 |