$230,000
 $1,235 est/mo Sourced by Back At You

421 W Olney Ave,PHILADELPHIA, PA 19120

PHILADELPHIA, PA 19120

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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 tenant, which theres an option to have the tenant out by 60 days after going under contract. 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.

Details

MLS #PAPH2631084
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract-bright
Year1925
Days On Site104
Listing Provided ByBHHS Fox & Roach-Blue Bell | Benjamin Wong

Features

SQ Feet1,460
Garage4
Units2
ZoningCMX2
Acreage0.07

Interior

CoolingCentral A/C
Heating Yes / NoYes
HeatingForced Air

Exterior

Construction MaterialsMasonry
Foundation DetailsOther

Parking

Garage Yes / NoYes
Parking FeaturesPrivate

Taxes

Tax Annual Amount2921

Area Information

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19120
Area19120 (19120)
Community NameOLNEY
School DistrictPHILADELPHIA CITY
Listing VS Median (in OLNEY)
Price:
$230,000
low | high
Med:
$182,850
70.500217391304% of Average
sqft:
1,460
low | high
Med:
1,102
74.520547945205% of Average
$ / sqft:
$158
low | high
Med:
$167
44.080739902306% of Average
On site:
104
low | high
Med:
153
67.97385620915% of Average
Sourced by Back At You

Market Activity 19120

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Coachmen Properties

Coachmen Properties

 (800) 878-9413admin@coachmenprops.com
StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19120
Area19120 (19120)
Community NameOLNEY
School DistrictPHILADELPHIA CITY
Listing VS Median (in OLNEY)
Price:
$230,000
low | high
Med:
$182,850
70.500217391304% of Average
sqft:
1,460
low | high
Med:
1,102
74.520547945205% of Average
$ / sqft:
$158
low | high
Med:
$167
44.080739902306% of Average
On site:
104
low | high
Med:
153
67.97385620915% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $172K - $287K
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
5648 N LAWRENCE ST Property Photo 1
$190,000
5648 N Lawrence St
Philadelphia, PA 19120
Listing Updated: September 17, 2026 at 1:40:12 PM PDT
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