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4025 Lancaster Ave
For Sale $725,000
$725,000
- 4 Units
- Unknown Sq Ft
- 1,750 Sq Ft
- Unknown Cap Rate
Description
Welcome to this fantastic property located in an “opportunity zone”, with incredibly low taxes, on bustling Lancaster Ave, in the vibrant West Powelton neighborhood of West Philadelphia. This unique Quadplex offering consists of three residential units and one commercial space, presenting an incredible investment opportunity in a prime location. Every unit is currently rented except for the commercial space. The street level commercial space features a convenient half bath, offering versatility for a variety of business endeavors. Unit 1 is a spacious bilevel 1 bedroom/1 bath layout, boasting a private washer & dryer and access to a large back yard, perfect for outdoor relaxation and entertainment. Unit 2 offers a comfortable floorplan, a 1 bed/1 bath layout with its own laundry facilities. Unit 3 is a spacious & stylish 2 bedroom/2 bath residence, also complete with the convenience of an in-unit washer & dryer and access to a delightful roof deck, providing a serene retreat with panoramic views. The roof deck and large yard contribute to the desirability of this property, offering outdoor spaces for residents to enjoy. Conveniently situated in close proximity to Penn, Drexel, and St. Joe's Universities, this property presents an exceptional opportunity for rental income and future growth potential. Whether you're looking to expand your investment portfolio or establish a new venture, this property is a must-see for those seeking a prime location with endless possibilities. Ample storage unit space in the basement & separately metered. Don't miss out on the chance to own this remarkable property in the heart of West Philly with extremely low operating costs – schedule your showing today and seize this incredible investment opportunity! Tax abatement pending.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $725,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1915 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 882933615 |
| MLS # | PAPH2436584 |
| Property ID | 321204760 |
| Lot Sqft | 1,750 |
| Zoning | CMZ2 |
| Total Units | 4 |
| Days on Market | 10 |
| Original List Price | Unknown |
| Date Updated | January 24, 2025 |
| Date Created | January 20, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Laurie M Murphy an agent of . Lic #RS312283
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Data last updated: January 30, 2025.
Robert Crawford
REAL ESTATE AGENT