2721 E SOMERSET ST, Philadelphia, PA 19134
2721 E SOMERSET ST, Philadelphia, PA 19134
2721 E SOMERSET ST, Philadelphia, PA 19134
2721 E SOMERSET ST, Philadelphia, PA 19134
2721 E SOMERSET ST, Philadelphia, PA 19134
2721 E SOMERSET ST, Philadelphia, PA 19134
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Nicole Neff

Nicole Neff

+1(267) 992-6876
Listed by Steven Osiecki • RE/MAX Access
$ 650,000
Est. payment | /mo
Save
$ 650,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Port Richmond

MLS Listing ID PAPH2675174

Year Built 1915

Annual Tax Amount $4,003

Tax Year 2026

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Excellent Mixed-Use Investment Opportunity! Operated as luncheonette since 1953. Owners would consider training new operator inquire for details. Welcome to 2721 E Somerset Street, a mixed-use property offering both commercial and residential income potential in Philadelphia. The property features a ground-floor commercial with two residential apartments above, each offering 1 bedroom and 1 full bathroom. Both residential units are currently occupied, providing an established rental income stream for the next owner. The commercial space offers additional income potential and flexibility for a variety of business uses. Conveniently situated near major roadways, public transportation, shopping, dining, and neighborhood amenities, this property offers accessibility for both residential tenants and commercial occupants. Whether you're an experienced investor looking to expand your portfolio or seeking a property with multiple income streams, 2721 E Somerset Street presents an excellent opportunity. Schedule your showing today!

Location

State PA

County Philadelphia

Area 19134 (19134)

Zoning CMX1

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling Ductless/Mini-Split

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Water Access N

Accessibility None

Total Parking Spaces 2

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871530910

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Nicole Neff

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(267) 992-6876

nicole@nicoleneff.com

4 Bluff Viewnull, Medford, New Jersey 08055, USA

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2721 E SOMERSET ST