1427 Point Breeze Ave, Philadelphia, PA 19146

Attention Developers and Investors — Don’t miss this exceptional chance to own a high-potential, mixed-use property in one of South Philadelphia’s most rapidly growing corridors. 1427 Point Breeze Avenue is a framed, 3-story building with all current permits in place, ready for your finishing touches. Designed with income in mind, the layout includes a commercial space on the ground floor and two spacious 2-bedroom, 1-bath flats on the upper levels — each with a separate private entrance. Situated on an extra-deep 16' x 78' lot, the building offers generous interior space on every floor. Upon completion, this property is projected to generate approximately $6,600/month in rental income, delivering an impressive 12%+ cap rate — an outstanding value-add opportunity in a highly desirable location. Located in the heart of a thriving business district with a Walk Score of 83, you'll be surrounded by trendy restaurants, local shops, and new developments, with convenient access to public … read more …