Bought with Marvin Capps • Marvin Capps Realty Inc
$250,000
$260,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
2,786 SqFt
SOLD DATE : 07/31/2025
Key Details
Sold Price $250,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,786 sqft
Price per Sqft $89
MLS Listing ID PAPH2486288
Sold Date 07/31/25
Year Built 1915
Annual Tax Amount $1,942
Tax Year 2024
Lot Size 1,605 Sqft
Acres 0.04
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Income-Producing Mixed-Use Duplex in Prime Location!
Welcome to 865 Belmont, a well-maintained, fully licensed and legally zoned mixed-use duplex offering an excellent investment opportunity. This property features consistent rental income with established tenants in both units. A 50-unit new construction building is directly across the street indicating the potential growth of the neighborhood.
Property Features:
• Unit 1 (Commercial): Currently operating as a daycare, generating $1,435/month. Has central A/C. Lease expires 4/30/2026
• Unit 2 (Residential): Well-kept apartment that will rent for $1,250/month. In-unit laundry and currently vacant
• Certified Lead Safe: Peace of mind for tenants and compliance assurance.
• Steady Cash Flow: Both units occupied with leases in place.
• Ideal Location: Situated in a high-demand area, ensuring long-term tenant stability.
• Professional Ownership: Property owned by a licensed realtor, ensuring a smooth and transparent transaction.
Whether you're looking to expand your investment portfolio or secure a property with dual income potential, 865 Belmont is ready to deliver. Schedule your private showing today!
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871069200
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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