Philadelphia, PA 19120,421 W OLNEY AVE
Philadelphia, PA 19120,421 W OLNEY AVE
Philadelphia, PA 19120,421 W OLNEY AVE
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Listed by Benjamin Wong • BHHS Fox & Roach-Blue Bell
$275,000
Est. payment /mo
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2,900 Sqft Lot
New

421 W OLNEY AVE Philadelphia, PA 19120

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Olney

MLS Listing ID PAPH2575760

Year Built 1925

Annual Tax Amount $2,921

Tax Year 2025

Lot Size 2,900 Sqft

Acres 0.07

Lot Dimensions 25.00 x 116.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Have you been expanding your business and you are looking for a permanent spot for your business? This affordable Mixed-use investment opportunity located along a major commercial corridor in the Olney/Oak Lane section of North Philadelphia. This 3-unit property consists of a vacant first-floor commercial space, a fully occupied second-floor residential apartment, and a separately located 4-car garage, offering multiple income streams.

The first-floor commercial unit features direct access to the basement and a separate side entrance, providing flexibility for a variety of business uses. The second-floor residential unit has its own private side entrance and is currently occupied by a new tenant. The detached 4-car garage, located directly behind the building, provides additional rental income potential.

Situated at 421 W Olney Ave, the property is surrounded by residential housing and is just one block from 5th Street. The location offers easy access to Roosevelt Boulevard, Broad Street, and Cheltenham Avenue, making it convenient for tenants and customers alike.

This property presents an excellent opportunity for an owner-occupant or investor to add value by leasing the commercial space while collecting existing rental income from the residential unit and garage. Property is being sold as-is.

Location

State PA

County Philadelphia

Area 19120 (19120)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Inclusions Items in the basement (no monetary value)

Heat Source Natural Gas

Exterior

Garage Spaces 4.0

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 4

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 612013200

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

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Jonathan Greene

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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