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For Sale

2345-47 E SOMERSET STREET

2345-47 E SOMERSET STREET, PHILADELPHIA, PA 19134

$900,000

This rare 3-unit, 2-building package includes a fully rented single-family home at 2345 E Somerset (4 beds/1.5 bath, leased at $1,850/month through 4/30/2026) and a prominent corner mixed-use duplex at 2347 E Somerset, anchored by a long-term wing shop tenant paying $3,500/month NNN with 6+ years remaining. The commercial tenant also uses the basement for office space, a half bath, and yard access for trash storage. The second-floor apartment is a freshly renovated 2-bedroom with a private deck, washer/dryer, dishwasher, central air, and all-new finishes; it is currently vacant with a projected rent of $1,300. This is an excellent pure investment play or an opportunity to live in either the apartment or the single-family home once available. Owning the adjoining property simplifies commercial management, and the location offers easy access to I-95, local retailers, and major shopping centers. Photos of the single-family home are coming soon.

3,192 Sq.Ft. LIVING AREA

3,643 Sq.Ft. lot

Stacy Sanseverino

title REALTOR®
PHONE (215) 431-5431
EMAIL [email protected]
DRE # RS281613

Features & Amenities

Interior

Flooring Ceramic Tile, Vinyl
APPLIANCES Gas Water Heater

Area & Lot

Status For Sale
Living Area3,192 Sq.Ft.
Total Area3,192 Sq.Ft.
Lot Area3,643 Sq.Ft.
MLS® IDPAPH2562866
TypeCommercial
YEAR BUILT1925
NeighborhoodPhiladelphia
Elementary SchoolRICHMOND
Middle SchoolMEMPHIS STREET ACADEMY CHARTER SCHOOL AT J.P. JONE
High SchoolKENSINGTON
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA

Exterior

water SourcePublic
parkingOn Street
HEAT TYPENatural Gas, Forced Air, Radiant
AIR CONDITIONINGCentral Air, Window Unit(s), Electric
sewerPublic Sewer
SubstructureStone

Financial

Sales Price$900,000
Real Estate Tax $4,901/yr
Zoning CMX1

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Phone Number

O: (215) 627-3500

M: (215) 627-6525

[email protected]

Address

728 S Broad St Floor 3
Philadelphia PA 19146

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