Bought with Lisa Yvette Risco • Keller Williams Main Line
$400,000
$475,000
15.8%For more information regarding the value of a property, please contact us for a free consultation.
3948 LANCASTER AVE Philadelphia, PA 19104
1,995 Sqft Lot
Key Details
Sold Price $400,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PAPH2480708
Sold Date 02/25/26
Year Built 1915
Annual Tax Amount $6,231
Tax Year 2024
Lot Size 1,995 Sqft
Acres 0.05
Lot Dimensions 21.00 x 95.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
40th & Lancaster Ave in Phila mixed use building is in the University City area. This building was renovated from top to bottom in 2020 all permits were pulled. The storefront space has a permitted walk thru to 3946 Lancaster Ave retail space and was recently renovated which opens up additional business opportunities. There is a nice backyard outdoor space which also opens up additional business opportunities.
There are 2 apartments that are currently rented 1 one-bedroom one bath apartment rents for $1375.00 per month and 1 two-bedroom two bath apartment rents for $1500.00 per month. Both apartments have washers and dryers in them.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning CMX2
Interior
Hot Water Electric
Heating Heat Pump - Electric BackUp
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871530550
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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