615 56Th St Philadelphia, PA 19143

This exceptional mixed-use property located at 615 S 56th Street in Philadelphia, Pennsylvania presents a compelling investment opportunity. The building boasts a total of 2,208 square feet situated on a 0.03-acre lot. The ground floor currently houses a grocery store, generating a stable monthly rental income of $1200. Above the commercial space, the property features three residential units: two studio apartments and a two-bedroom apartment on the second floor. The property also includes a detached, single-car garage, adding further value and utility. This corner lot location offers excellent visibility and accessibility, enhancing the property's appeal to both tenants and customers. The strong rental income from the existing tenants, combined with the potential to increase rental rates or further develop the property, makes this a highly attractive investment for those seeking a solid return. The property's multi-unit configuration and diverse income streams provide a degree of resilience against market fluctuations. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable Philadelphia neighborhood. The combination of commercial and residential space offers significant flexibility and potential for future growth. Serious inquiries are encouraged.