2317 E WESTMORELAND ST, Philadelphia, PA 19134
2317 E WESTMORELAND ST, Philadelphia, PA 19134
2317 E WESTMORELAND ST, Philadelphia, PA 19134
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Listed by Sokkie Choing • Red Door Real Estate
$830,000
Est. payment /mo
2,100 Sqft Lot
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2637228

Year Built 1920

Annual Tax Amount $7,133

Tax Year 2026

Lot Size 2,100 Sqft

Acres 0.05

Lot Dimensions 50.00 x 42.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Rarely offered, fully renovated 4-unit mixed-use property with long-term residential and commercial tenants. This property boasts modern amenities with high-quality finishes throughout! This fully sprinklered building features three upscale 1-bedroom, 1-bath apartments and a long-term medical tenant on the ground floor, ensuring steady rental income.
Key Investment Highlights:
✔ Strong 8.1% Cap Rate – High-yield, income-producing asset
✔ Tax Abatement – 1 Year Remaining
✔ 100% Occupancy with Cash Flow – Long-term residential & commercial tenants
✔ Turnkey Condition – Low-maintenance, modern construction
✔ High-Demand Location – Steps from Aramingo Ave, I-95, transit, and retail hubs
✔ Quality Upgrades – Tankless water heaters, sliding glass shower doors, central air, LED lighting, granite countertops, tile flooring, stainless steel appliances
✔ Fire & Safety Compliance – Fire alarm monitoring & annual system maintenance
✔ Transferrable Roof Warranty – Added long-term value
This prime investment property offers a rare opportunity to acquire a stabilized, low-maintenance asset in a rapidly growing area. Perfect for 1031 exchange and portfolio investors! Location Perks: Close to public transportation, restaurants, retailers, hospitals, schools, parks, fitness centers, I-95, and just minutes from downtown.
Don't miss this highly desirable, fully occupied asset
The property generates an annual rent of $84,000 and is separately metered for electricity. This property offers a lot, including streamlined rental payments, secure waste management, and maintenance services. Don't miss out on this income-generating gem!

Location

State PA

County Philadelphia

Area 19134 (19134)

Zoning ICMX

Interior

Hot Water Instant Hot Water, Tankless, Electric

Heating Central

Cooling Central A/C

Flooring Ceramic Tile, Laminate Plank

Inclusions transferrable roof warranty, fire alarm monitoring

Heat Source Electric

Exterior

Utilities Available Electric Available, Sewer Available, Water Available

Water Access N

View City

Roof Type Flat,Rubber

Accessibility Doors - Swing In

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871586000

Ownership Fee Simple

Security Features Exterior Cameras,Main Entrance Lock,Smoke Detector,Sprinkler System - Indoor,Window Grills

Acceptable Financing Cash, Conventional, Negotiable, Private, Other

Listing Terms Cash, Conventional, Negotiable, Private, Other

Financing Cash,Conventional,Negotiable,Private,Other

Special Listing Condition Standard


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Bright MLS (BMLS)

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Stacey Caito

Stacey Caito

+1(703) 957-9643

Agent | License ID: 0225222157

Agent License ID: 0225222157

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