1518 Bethlehem PikeFlourtown, PA 19031

This exceptional multi-use property in Flourtown, PA, presents a unique investment opportunity. Situated on a 0.11-acre lot at 1518 Bethlehem Pike, this 2,600 square foot building boasts a prime location within Springfield Township's thriving shopping district. The property currently features two one-bedroom residential apartments and two to three commercial units, offering diverse income streams. The main commercial space occupies approximately 1,500 square feet on the ground floor, complemented by a 125 square foot office space on the second floor. The residential apartments comprise roughly 1,200 square feet. Currently, one residential unit generates $750 per month in rent, while another previously rented for the same amount. One commercial unit previously rented for $700 per month, and three additional commercial storefronts are currently vacant. Importantly, rents are significantly below market value, presenting immediate potential for substantial rental income increases. The building is equipped with a 200 AMP electric service and offers flexibility in space division to suit various tenant needs. While the property requires some renovations, its strategic location near major roadways like Route 309, Chestnut Hill, and Center City Philadelphia, coupled with its proximity to amenities such as supermarkets, coffee shops, and a Movie Tavern, ensures high visibility and accessibility. Photos depict past tenant spaces. This property is ideal for both investors seeking strong returns and owner-occupants looking for a versatile commercial and residential space.