2725 E Clearfield St, Philadelphia, PA 19134

Property Description

Welcome to the "neighborhood famous" 2725 E. Clearfield St. in Port Richmond. This building was loved for years by the local residents. It was a Fish and Produce Market for many years ran by the family that still owns the building today. Discover an exceptional investment opportunity in the heart of Port Richmond! With a generous 2,736 finished square feet, this property is designed to maximize rental income while providing a comfortable living experience for one commercial tenant and two residential apartment units. The 3-story architectural style, combined with durable masonry construction, ensures longevity and minimal maintenance costs. The full basement offers additional storage or potential for further development, enhancing the property's value. With a lot size of 0.04 acres, the fenced driveway provides secure parking for one car, a great feature for the 1st floor store/office tenant, a sought-after feature in urban settings. Investors will appreciate the strategic location in a vibrant neighborhood, where demand for rental properties continues to rise. The recent renovations to the first floor not only elevate the aesthetic appeal but also improve energy efficiency, reducing long-term operational costs. Imagine the possibilities: whether you choose to rent out each unit or run your business on the first floor and live in one of the apartments or rent both apartments to cover some of your mortgage., this property is poised for profitability. Seize this chance to invest in a property that promises both immediate returns and long-term growth. Don't miss out on this remarkable opportunity to enhance your portfolio in a thriving community! The 2nd floor is currently rented. The first floor is vacant and ready to go. The 3rd floor spacious one bedroom is also vacant and ready to rent. The location is AMAZING! One block off the rapidly developing Richmond Street.