$489,000

Welcome to 856 Chester Pike, an investors' dream! This building offers a great investment opportunity on one of the busiest streets of Prospect Park. The property consist of three (3) units: a commercial space, along with a two (2) bedroom unit, and a one (1) bedroom unit. All units are occupied with long-term tenants of 5+ years, each unit has a month-to-month lease. There is a detached garage that's currently used as storage however, has potential for separate rental income. The commercial unit is handicap accessible, currently operating as a restaurant; entering the restaurant, you will find a large dining area, service counter, and fully functioning kitchen with basement and backyard access. The apartment entrance is located on the side of the building with a shared entryway. Chester Pike offers an bustling and energetic business environment, with close proximity to highway 95 making access to the PHL airport and the city only a short drive away. This location is highly desirable, as businesses continue to thrive in this ideal commercial/residential environment. Don't miss the opportunity to own a fully functioning mixed-use building, with room for improvements and expansion, in an extremely sought-after neighborhood.

Amenities

• Bedrooms: 0
• Full Bathrooms: 0
• Partial Bathrooms: 0
• Property Type: Residential Multi Family
• Architectural Style: Other
• Year Built: 1919
• Built in 1919
• Home size: 0 ft² / 0.00 m²
• MLS: PADE2098674
• Status: Active

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