1237 Point Breeze Ave Philadelphia, PA 19146

This exceptional three-story mixed-use building, located at 1237 Point Breeze Ave in Philadelphia, PA 19146, presents a compelling investment opportunity. Boasting 1,140 square feet, the property features a ground-floor commercial unit currently leased to MU8 Beauty Studio until January 2027, and a desirable two-bedroom, bi-level apartment leased until April 2026, ensuring 100% occupancy. The building, originally constructed in 1887 and extensively renovated in 2023, benefits from a Class A designation and a CMX-2 permitted zoning classification. The stabilized investment offers a strong net operating income (NOI) of $33,253, translating to an attractive 5.78% capitalization rate. The property's location on the thriving Point Breeze Avenue commercial corridor promises continued growth and appreciation. Furthermore, a property tax abatement extends until 2033, minimizing expenses and maximizing returns. This turnkey investment requires minimal maintenance, making it an ideal acquisition for discerning investors seeking a stable, high-yield asset in a rapidly developing area. The modified lease structure provides flexibility, and the multi-tenancy approach diversifies income streams. This is a rare opportunity to acquire a fully leased, high-performing mixed-use property in a prime Philadelphia location.