412 E Allegheny Ave, Philadelphia, PA 19134

$290,000
: 2
BD
: 4
BA
: 1,984
SqFt

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

List Price: $290,000
Days on Market: 2
Status: ACTIVE
MLS#: PAPH2657250
Bedrooms: 2
Bathrooms: 4
Full Baths: 3
Half Baths: 1
Living Area: 1,984
Lot Size (Acres): 0.02
Style: Bi-level
Year Built: 1920
County: Philadelphia
School District: Philadelphia City

New Search

Property Description

2 ONE BEDROOM APARTMENTS ON TOP, AND A COMMERCIAL SPACE DOWNSTAIR Property is on the lock box. You can show the following units: Store front, units A AND B (recently renovated), Mix-use building in a upcoming area! 1 store front and 1 office. It is a prime value-add opportunity for investors seeking entry into Philadelphia’s growing multifamily and mixed-use market. Located along the rapidly evolving Allegheney Avenue corridor, this property offers strong potential for conversion into a mixed-use asset with ground-floor commercial and residential units above (buyer to verify zoning and permitted uses). The existing structure provides a blank canvas for redevelopment, The surrounding area continues to see steady growth, with nearby development activity and increasing rental demand driving long-term appreciation. This location benefits from strong visibility, public transit access, and proximity to Fishtown, making it attractive to both residential tenants and small business operators. Ideal for investors looking to execute a value-add strategy, create long-term cash flow, or establish a foothold in an emerging submarket. Units are offering modern laminate flooring, fresh paint, separate kitchen and plenty of storage.

302-729-6885

Search All Properties

Additional Information