1323 E Passyunk Ave

Passyunk Square, Philadelphia, PA 19147

Remarkable investment opportunity in the heart of Passyunk Square! This expansive 18 wide 3,600 Square foot permitted Triplex offers commercial space and two residential units spread over 3 floors. A great-sized commercial space on the ground floor previously operated as a retail space and is currently a completely open blank canvas. With high foot traffic and visibility, this commercial unit is positioned for success. Above the commercial space, you'll find two generously sized, approximately 1,200 square feet, full-floor apartments. The third floor is a move-in ready 1 bedroom/1 bathroom apartment that features a full kitchen and in-unit laundry. The first and third floors have updated electrical, plumbing, central air, and new hot water heaters, all units are separately metered! The second floor was previously a 1 bed/1 bath apartment but is currently a raw space that is electrical-ready and primed to be renovated. The property is rounded out with a large basement accessed by the first floor and exterior bilco doors. Additional property updates include a newer roof and the rear wall was reconstructed with cinder blocks with new foundation.