2273 Clearfield StPhiladelphia, PA 19134

This exceptional mixed-use property in Philadelphia, PA, presents a unique investment opportunity. Located at 2273 E Clearfield St, 19134, this 1,994 square foot building boasts a 900 square foot ground floor commercial space currently operating as a convenient store, and a spacious three-bedroom apartment on the second floor. Built in 1920 and renovated in 2021, the building features a Class B rating and sits on a 1,140 square foot lot. The apartment includes newly installed vinyl plank flooring, oak kitchen cabinets, ample closet space, and is ideal for owner occupancy or rental income. The property is zoned CMX1, offering flexibility for various uses. With a strong NOI of $230,000 and a compelling 33.34% cap rate, this owner/user investment offers significant potential for both business operation and rental income. The asking price is $689,900. The property is currently 100% owner-occupied, with an occupancy date of October 26, 2024. This is a rare chance to acquire a thriving business and residential space in a desirable Philadelphia neighborhood.