Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.06

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $3,000,000

  • Tax Amount

    178.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Tax Lot

    179

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

PHILADELPHIA

Elementary School

Middle School

High School

Listing Courtesy of Gazi Ataseven , HomeSmart Realty Advisors

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Mike Mathis

AGENT

Mike Mathis

Call Mike today to schedule a private showing.


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
PRIME INVESTMENT OPPORTUNITY – TURN-KEY 2-YEAR-OLD NEW CONSTRUCTION 15-UNIT MULTIFAMILY BUILDING
RARE OPPORTUNITY TO ACQUIRE A MODERN, HIGH-QUALITY NEW CONSTRUCTION MULTIFAMILY ASSET DELIVERING STRONG IMMEDIATE CASH FLOW AND LONG-TERM UPSIDE. THIS 2-YEAR-OLD, 15-UNIT BUILDING IS APPROXIMATELY 90% LEASED WITH 13 UNITS CURRENTLY RENTED, PROVIDING STABLE AND CONSISTENT INCOME FROM DAY ONE.
THE PROPERTY BENEFITS FROM A 10-YEAR TAX ABATEMENT WITH APPROXIMATELY $2,750 IN ANNUAL REAL ESTATE TAXES, SIGNIFICANTLY REDUCING OPERATING EXPENSES AND ENHANCING NET CASH FLOW. THE BUILDING FEATURES A DESIRABLE UNIT MIX OF STUDIOS, ONE-BEDROOM, AND TWO-BEDROOM APARTMENTS WITH HIGH-END FINISHES THROUGHOUT, INCLUDING QUARTZ COUNTERTOPS, STAINLESS STEEL APPLIANCES, CUSTOM TILE BATHS, AND IN-UNIT LAUNDRY.
ADDITIONAL FEATURES INCLUDE ENERGY-EFFICIENT SYSTEMS, FULL SPRINKLER SYSTEM, SEPARATE UTILITIES, SECURE ENTRY, AND CAMERA SYSTEMS, RESULTING IN LOW MAINTENANCE AND MINIMAL NEAR-TERM CAPITAL EXPENDITURES. STRONG RENTAL DEMAND SUPPORTS TOP-OF-MARKET RENTS WITH POTENTIAL FOR FUTURE RENT GROWTH AND APPRECIATION.
LOCATED IN A RAPIDLY DEVELOPING, HIGH-DEMAND RENTAL AREA SURROUNDED BY NEW CONSTRUCTION, UNIVERSITIES, MAJOR EMPLOYERS, AND PUBLIC TRANSPORTATION, THIS ASSET OFFERS BOTH IMMEDIATE INCOME AND LONG-TERM VALUE CREATION. IDEAL FOR 1031 EXCHANGE BUYERS, PORTFOLIO EXPANSION, OR INVESTORS SEEKING A STABILIZED, TURN-KEY MULTIFAMILY OPPORTUNITY.

2020-22 N 22ND STREET

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

Iconic Philadelphia bar/restaurant located at 2nd & Walnut Street, available for sale (building only). A prestigious property located in Society Hill on the cusp of Old City. Step inside where you’ll be greeted by the grandeur of an opulent “original” wood bar accompanied by magnificent ceramic tiles, plenty of lights and colorful dining booths. The dining area seamlessly extends through an authentic ship’s wheel to a versatile space that is used for banquets and private events or additional dining space. On the other side of the bar, you’ll find a cozy space with a private entrance that can be utilized as a cigar lounge, banquets/ private events, or just additional dining space. This space features its own bar and a private room designed to be the wedding suite.

The tiled restrooms are spacious, elegant, & stylish.

The kitchen is ample at 2,800 square feet, featuring 5 walk-in refrigerators/freezers, separate prepping area, generous cooking and grilling area and separate dishwashing room.

This landmark property boasts close to 13,000 square feet of versatile space presenting endless possibilities for the future. It can accommodate seating for up to 387 guests at a time.

On the lower level you’ll find 2 office spaces, essential for running the business, and a powder room for the employees and plenty of storage space. Mechanical, boiler, transformer and fire pump room are also located in the lower level.

An additional walk-in refrigeration box used for beer kegs and beverages is located in the basement.

2 sets of doors will ease the basement access from the street for deliveries.

Layout works beautifully for a speakeasy, dance club, or elegant catering.

Liquor license is available for an additional fee. Lease option available - call for details.

Space is part of Moravian Condominium. One block from the Chestnut St Penn’s Landing ramp & the Seaport Museum and River Rink. One 1/2 block from the anticipated Walnut Bridge connecting Penn's Landing with Walnut Street and one 1/2 block from the Ritz Movie Theater, Society Hill Towers and adjacent to the Marriott Hotel.

Schedule a showing today to explore the possibilities that await you and don’t miss the chance to own a piece of Philadelphia’s history.
#PAPH2516648

PHILADELPHIA

125 WALNUT ST RESTAURANT

None Beds

None Baths

18,213 Sq.Ft.

$2,800,000

MLS#: PAPH2516648

Jump into your next development project which is truly shovel ready!
-Incredible Investment Opportunity in a Thriving Locale!
-Projected Gross Rent: $1,012,200 annually 
-64-unit property consisting of 1 & 2-bedroom apartments
-Average 1 bed  575 sf and average 2 bed  1100 sf
-40 Parking Spaces with No Low-Income Housing Requirement
-Adaptive Reuse Project with Completed Foundation & Facade 
-Comprehensive Documentation: Plans, Permits, Reports, and Surveys Included

This property presents an exceptional investment prospect in a rapidly developing area. With a substantial projected rental income and a high cap rate, investors can expect significant returns.  Don't miss out on this lucrative opportunity to capitalize on the growth potential of this dynamic market! This building would make an excellent addition to your portfolio. Contact us today to learn more about this exciting investment opportunity.
#PAPH2359678

PHILADELPHIA

2214 W ONTARIO STREET

None Beds

None Baths

35,650 Sq.Ft.

$2,800,000

MLS#: PAPH2359678

Prime Investment & Development Opportunity in West Mt. Airy!

Investors and developers, this is your chance to capitalize on a rare, 20,000+ Sq/Ft corner lot in the heart of Mt. Airy. With By-Right zoning allowing for detached and semi-detached single-family homes, plus additional multi-use possibilities—including group living, personal care homes, hospitals, and assisted living facilities—this property offers limitless potential. The striking 9,500 sq. ft. stone building is a local landmark, featuring a large sanctuary space that holds 300 people, a fully operational daycare center with 130+ participants, and modern upgrades like a newer roof, an approved sprinkler system, and a new heater installed in 2013. The site also includes a detached 4,000 sq. ft. three-story home with five bedrooms, two bathrooms, and abundant natural light. Additional features include a six-car parking lot, a two-car garage, and full basements in both structures. Conveniently located just steps from the 73 bus line, grocery stores, restaurants, and coffee shops, this property offers an unbeatable combination of prime location, high visibility, and incredible development potential. Whether you're looking to create a new subdivision, maximize rental income, or repurpose the existing buildings, this is an investment you won’t want to miss. Call today to explore this exceptional opportunity!
#PAPH2461786

PHILADELPHIA

101 W MOUNT PLEASANT AVENUE 11

None Beds

None Baths

13,700 Sq.Ft.

$2,500,000

MLS#: PAPH2461786

Rare ±1.6-acre heavy-industrial parcel with direct I-76 frontage in South/Southwest Philadelphia. Zoned I-3 (Heavy Industrial), the property offers immediate highway access, excellent visibility, and convenient proximity to Philadelphia International Airport, Center City, and major redevelopment projects. The site straddles the red-hot Bellwether District and is also near the Quartermaster redevelopment, supporting long-term demand, value growth, and broader commercial activity. Located within a long-established industrial corridor with minimal residential adjacency, the site is ideal for salvage, towing, recycling, automotive, contractor, or other outdoor-intensive industrial uses. Truck-friendly streets and decades of continuous automotive use help reduce entitlement risk and support continued operations. As centrally located heavy-industrial land with direct highway exposure becomes increasingly scarce, 2501 S 28th Street presents a rare infill opportunity with strong land value, excellent logistics, and long-term investment potential.
#PAPH2571976

PHILADELPHIA

2501 S 28TH STREET

None Beds

None Baths

N/A

$3,500,000

MLS#: PAPH2571976

Magnificent opportunity to own a Rittenhouse Square brownstone 9-unit apartment building in amazing condition! Located at one of the best corners in Rittenhouse, 18th & Spruce. One block to the Square, 50 yards away form Rittenhouse Market, 100 yards away from Starbucks. The units are under rented so there is room for increases plus separate utilities. Property is updated throughout with gorgeous original details. The property runs to street to street, to Manning Street. There is a one car car-port on the manning street side of the building. *Bonus -There is also a common elevator that can be repaired and brought back to life! It is not currently being used but would add a ton of value to the building. 5 (2) bedroom units and 4 (1) bedroom units. Could also be an amazing condo conversion!! These building do not become available often at a location like this. Taxes and square footage is the responsibility of the buyer to have verified.
#PAPH2466818

PHILADELPHIA

1723 SPRUCE STREET

None Beds

None Baths

6,970 Sq.Ft.

$2,800,000

MLS#: PAPH2466818

New on site 1 day ago
Prime Investment Opportunity: Rare 8-Unit Townhome Portfolio on S. Alder Street, Center City Philadelphia.

Seize this turnkey multifamily portfolio of 8 contiguous charming rowhomes in a serene, low-traffic block with unbeatable proximity to major institutions and amenities. Ideal for investors seeking stable cash flow, value-add upside, or potential redevelopment in one of Philadelphia's most accessible locations.

Private Backyard + Dual Access: Enjoy your own outdoor oasis with front street entry and rear alley access—ideal for urban living or entertaining.

Serene & Secure Location: Nestled on a quiet street—no through traffic! The gated rear alley adds privacy and peace of mind 

Unbeatable Center City Location: Literally steps from Jefferson Hospital,  Penn Hospital, City Hall and more!
#PAPH2576108

PHILADELPHIA

248-262 ALDER ST

None Beds

None Baths

6,686 Sq.Ft.

$3,000,000

MLS#: PAPH2576108

None
#PAPH2570618

PHILADELPHIA

252 S 16TH STREET 54

None Beds

None Baths

3,398 Sq.Ft.

$2,700,000

MLS#: PAPH2570618

This portfolio consists of the following properties: 4429 Frankford Ave, 4431 Frankford Ave, 4435 Frankford Ave, 4437 Frankford Ave, 4455 Frankford Ave, 4467 Frankford Ave. Prime investment opportunity in the rapidly developing Frankford neighborhood of Philadelphia! This rare offering features six commercial properties being sold together as one package, creating a versatile portfolio with endless potential. Zoned CMX2, the properties allow for a wide variety of uses, including retail storefronts, office spaces, residential apartments, or mixed-use redevelopment. The property currently grosses $30,600/month and $367,200/year. All of the units are powered by electric only; there is no gas. The tenants pay for the electric while the landlord covers the common area electric and water for the building. There is also an active rental license in place for the residential units. This cash flow is perfect for an investor looking to add 6 more properties to their rental portfolio. You won't even need to put any work into the units; you will have immediate cash flow from day one. Configured for office/storefront use with apartments above, this property is ideal for a variety of commercial and residential applications. The CMX2 zoning supports retail, office, and residential combinations, making it a versatile addition to any investment portfolio. Located in a growing area with strong visibility and accessibility, the building benefits from proximity to neighborhood amenities, public transportation, and major roadways. Its size, layout, and vacancy allow for immediate redevelopment, occupancy, or income-producing potential. This is a rare chance to secure a sizable mixed-use property with endless possibilities. Schedule your showing today!
#PAPH2530560

PHILADELPHIA

Frankford Mixed Use PROPERTIES

None Beds

None Baths

29,586 Sq.Ft.

$2,445,000

MLS#: PAPH2530560

Welcome to 1218 Arch Street, a rare opportunity to own a large ground floor commercial condominium in the heart of Philadelphia, directly across from the Convention Center and Reading Terminal.  Located just a block from Market Street, Broad Street, City Hall, public transportation and parking, hotels, cultural attractions, restaurants and retail.  The ground floor consists of 12,350 SF with a retail storefront and loft-style interior, including high ceilings, hardwood floors, exposed brick and columns.  This fully built out space includes a large open meeting room, two conference rooms, partitioned offices, kitchenette, men's and women's restrooms, and a loading area directly accessible from Cuthbert Street.  The basement area is over 12,000 SF with 12' ceilings -- an unusually large and usable block of space for storage or back-of-house operations.  A small portion of this basement space is leased to AT&T and T-Mobile, generating significant revenue for the owner of this unit.  Do not miss this rare opportunity to own a large ground floor commercial space in the heart of Center City, Philadelphia!
#PAPH2518952

PHILADELPHIA

1216 ARCH STREET 20 1

None Beds

None Baths

24,400 Sq.Ft.

$2,500,000

MLS#: PAPH2518952

Part of package, additional property nearby available - Commercial 736-38 S. 8th St. (Adobe Cafe) with apartments. Two multi units in South Philadelphia, 1327 Snyder Ave. and 1425 Jackson St. Total package can be acquired.

763-65 S 8th St is an  8-plex (8 units) with ground floor commercial, 7 apts. and a 3-car garage at the corner of 8th & Fulton of Philadelphia, Pennsylvania. The property is located near popular neighborhood attractions; John's Water Ice, Cianfrani Park and the Italian Market. 763-65 S. 8th is walkable to many of South Philly's top amenities,  restaurants, cafes, schools and transit stops. This is a great opportunity to purchase a high-performing multifamily asset with 20% rental upside based on pro forma rents in the submarket(s). Ownership has carefully built, leased and maintained this asset over its tenure. New Ownership can enact a value-add capital enhancement program to achieve top-of-market rental rates or continue operating as is. The Building is 100% leased and occupied. The are 3 entrances. One for the restaurant, one for 2 apts. at 765 S. 8th St. and one at the entrance on Fulton St. that houses 5 apts.
#PAPH2512132

PHILADELPHIA

763 S 8TH STREET 65

None Beds

None Baths

5,828 Sq.Ft.

$2,876,000

MLS#: PAPH2512132

 - property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.