1421 W Erie Avenue
Philadelphia, PA 19140
Listing provided courtesy of: KW Empower
Property Description
Recently appraised for $1.2m ARV building needs about 250k of work to this Value add legal 7 unit on bustling corridor, w/ a non conforming 5th residential unit on roof level. NOI is based on projections post construction and fully occupied. 3 commercial zoned spaces: 1st fl front is a small barber shop ( this tenant pays $3000 per month gross lease for the barber shop and 2nd floor residential units), 1st fl rear is a vacant salon, which also has real estate office zoning and basement level (undeveloped raw space) is zoned for a restaurant - up to 30 seats w/ private access to rear yard.
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Features:
Central Air On Street Public Sewer
| Price: | $325,000 |
| Interior (SQFT): | 1,742 |
| Lot Size (SQFT): | 1,742 |
| Property Type: | Commercial Sale |
| Year Built: | 1930 |
| Subdivision: | Allegheny West |
Listing provided courtesy of: KW Empower. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information is deemed reliable but not guaranteed. © 2025 by BRIGHT MLS. All rights reserved. Listing last updated on 05/12/2025 08:57:02
