2500 Hobson StPhiladelphia, PA 19142

This 1,518 square foot mixed-use property in Philadelphia, PA, presents a compelling investment opportunity. Located at 2500 S Hobson St, 19142, this Class C building, constructed in 1935, boasts three units: two residential and one commercial. The commercial space, currently occupied by a cell phone store, benefits from high visibility and foot traffic. The two residential units are also fully occupied, providing immediate cash flow and stable rental income. The property is zoned for mixed use, allowing for flexibility and potential future development. The building's interiors are relatively well-maintained, and the location offers proximity to amenities, public transportation, and commercial centers. A significant advantage is the presence of a new Amazon fulfillment center directly across the street, suggesting potential for future property value appreciation. The asking price is $169,999, translating to $111.99 per square foot. While the main house functions as one unit, the basement has the potential to be converted into a separate unit. The property's diverse income stream from both residential and commercial tenants minimizes risk and ensures financial stability. Similar renovated properties in the area have sold for over $350,000, indicating significant potential for value enhancement through future improvements. A 48-hour notice is required for showings.