- – beds
- – baths
- 3,500 sqft
- 1,240 sqft lot
- $100 per sqft
- 1915 build
Investor Alert! The property is framed and ready for finishing, featuring 3 total units - 1 commercial space and 2 residential units, each with 2 bedrooms. Prime opportunity in booming Point Breeze with endless potential. Welcome to 1427 Point Breeze Avenue – a mixed-use triplex featuring (1) commercial unit on the ground floor and (2) residential units above, each designed as a 2-bedroom, 1-bathroom apartment. A full third story has been added to the existing structure, expanding the building’s livable space and income potential. This property is mid-construction and will be sold in As-Is condition, giving investors and builders the chance to complete the project to their own specifications. Estimated rental income upon completion is approximately $4,100/month, making this an outstanding value-add investment in one of South Philadelphia’s most active corridors. The commercial unit offers great visibility and access along busy Point Breeze Avenue, ideal for a retail shop, café, or office. The residential units feature spacious layouts with tons of natural light and are well-suited for long-term rental or short-term stays. Located just minutes from Center City, with public transportation nearby and surrounded by new development, this property sits in a high-demand area for both tenants and businesses. Property is being sold in AS-IS condition and the buyer will be responsible for obtaining the U&O. Don’t miss your chance to bring this nearly-complete project to the finish line and create a fully cash-flowing asset in a rapidly appreciating neighborhood.
Last checked:
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Last updated Jun 12, 2025
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MLS# PAPH2487342 —
The Building
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Year Built:1915
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Masonry
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Building Units Total:3
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Structure Type:Other
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Historic:No
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Architectural Style:Straight Thru
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Accessibility Features:None
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:2118
Interior
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:3500
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Living Area SqFt:3,500 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash
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Possession:Immediate
Location
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Directions:From Broad St, head south until you reach Reed St. Turn right onto Reed St and continue for a few blocks till you hit Point Breeze Ave. Then turn left onto Point Breeze Ave. Drive down Point Breeze Ave, and 1427 Point Breeze Ave will be on your left.
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Cross Street:Dickinson St
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Latitude:39.93383000
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Longitude:-75.17990000
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Location Type:Urban
The Property
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Property Type:Multi-Family
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Property Subtype:Triplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.03
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Lot Size Source:Assessor
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Lot Size Dimensions:16.00 x 78.00
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Lot Dimensions Source:Assessor
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Lot SqFt:1,240 Sqft
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Zoning:CMX2
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View:Street
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:S30
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (215) 607-3523
- Office phone:
- (215) 607-3535
Taxes
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Tax ID Number:871549490
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Tax Year:2024
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Tax Lot:89
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Tax Annual Amount:$2,807
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Tax Assessed Value:$200,600
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Year Assessed:2025
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School Tax:1572.0
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City/Town Tax:1235.00
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Total Taxes Payment Frequency:Annually
The Listing
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating Type:None
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Heating Fuel:None
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:None
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Water Source:Public
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Subdivision Name:Point Breeze
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Exterior Features:Sidewalks, Street Lights
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
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Municipal Trash:Yes
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Transportation:Airport less than 10 miles, Bus Stop less than 1 mile, Commuter Rail Station less than 1 mile
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
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Single Room Units:1
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Two Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/12/25
Jun 12, 2025
|
Price Changed | BRIGHT | $350,000 | -2.8% |
6/4/25
Jun 4, 2025
|
Listed / Active | BRIGHT | $360,000 |