4400 LANCASTER AVE, Philadelphia, PA 19104
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4400 LANCASTER AVE, Philadelphia, PA 19104,Video Tour
4400 LANCASTER AVE, Philadelphia, PA 19104
4400 LANCASTER AVE, Philadelphia, PA 19104
4400 LANCASTER AVE, Philadelphia, PA 19104
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Alec Dormer

Alec Dormer

+1(717) 856-4126
Listed by Rick Land • KW Empower
$ 700,000
Est. payment /mo
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Pending

4400 LANCASTER AVE Philadelphia, PA 19104

2,011 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID PAPH2530478

Year Built 1920

Annual Tax Amount $1,246

Tax Year 2025

Lot Size 2,011 Sqft

Acres 0.05

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

4400 Lancaster Ave, Philadelphia, PA. Don't miss this unique mixed-use 5-unit corner property in Philadelphia, grossing $6,474/month in rental income. Each unit offers strong cash flow: Unit 1 ($2,500/month, a 3,100+ sq ft commercial unit) | Unit 2 ($1,135/month) | Unit 3 ($960/month) | Unit 4 ($1,025/month, vacant) | Unit 5 ($945/month estimated, vacant). This turnkey investment was gut-renovated in 2017 with central air, hardwood floors, and granite countertops. The property is certified lead *free* and has 3x common coin-operated washers & dryers for extra income, with off-street parking in the rear. Building is fully sprinklered with fire alarm panel. Semi-private community garden on the block. Extremely low taxes currently with tax abatement ($1,246/yr), the property is legally zoned for its current use and owned by a licensed real estate agent. Situated on a prominent corner lot with high visibility and access to public transportation, this property is ideal for any investor looking to add a well-performing asset to their portfolio. This is a neighborhood currently booming with new construction and more construction planned for the near future. Make your appointment today! Showings of commercial space are only allowed with a signed offer, to avoid tenant business disruption. ***Strong preference will be given to offers that include both contiguous parcels at 4400 Lancaster Ave & 866-870 N 44th St.***

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning CMX2

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 4.0

Water Access N

Accessibility None

Total Parking Spaces 4

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 871285460

Ownership Fee Simple

Special Listing Condition Standard

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Bright MLS (BMLS)

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Alec Dormer

Realtor | License ID: RS362103

+1(717) 856-4126 | adormer@kw.com

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4400 LANCASTER AVE