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7119 Woodland Avenue, Philadelphia, PA 19142

$275,000
BEDS 0
BATHS
MLS# PAPH2605076
  • 7119 Woodland Avenue, Philadelphia, PA 19142 Main Photo

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STATUS: ACTIVE
PROPERTY TYPE: Commercial -
SUBDIVISION: ELMWOOD PARK
SCHOOL: THE SCHOOL DISTRICT OF PHILADELPHIA

Property Description

7119 Woodland Ave | Southwest Philadelphia | IRMX Zoning | Triplex Rare opportunity to acquire an income-producing triplex situated on a 2,254 sq ft lot with 2,175 sq ft of building area, zoned IRMX , one of Philadelphia's most flexible and sought after industrial mixed-use designations. The property currently operates as a 3-unit residential building with two occupied units generating immediate cash flow. The 2nd and 3rd floor units are in great condition with quality, paying tenants in place. The 1st floor unit is vacant and needs only light renovation. A straightforward value-add opportunity to bring the property to full occupancy. What makes this property truly stand out is the IRMX zoning. By right, IRMX allows multi-family residential, artist studios, artisan industrial, office, warehouse, restaurant, and a wide range of commercial uses, with no required rear yard setback, up to 75% lot coverage, and a maximum building height of 60 feet. An investor or developer can build out the existing footprint, add a rear structure to the property line, or pursue a mixed-use redevelopment all without needing a variance. Income today. Upside tomorrow. Don't miss this one.

7119 Woodland Avenue | MLS# PAPH2605076

This commercial property located at 7119 Woodland Avenue, Philadelphia, PA 19142 is currently listed for sale with an asking price of $275,000. Woodland Avenue is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.wvheritagerealestate.com today.

Property Features

Property Type: Commercial -
Cooling: Central A/C
Fuel Type: Electric
Heating: 90% Forced Air
Lot Size: 0.05 Acres
Roof Type: Flat
Taxes: $1,639
Year Built: 1915

Feature Descriptions

Days on Site: 19
Exterior: Masonry
Lot Dimensions: 0.05 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Total Garage/Parking Spaces: 0
Units: 3
Water: Public

Local Schools

High School: JOHN BARTRAM
School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Listed By / Shown By

Listed By

Agency Name: Realty Mark Cityscape

Shown By

Agency Title: Heritage Real Estate Co.
Agency Phone: (304) 612-3746

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Preferred Communication Method
Bill Porter, Broker (304) 612-3746
207 Aurora Dr
Morgantown, WV 26508

WEST VIRGINIA LICENSES BROKER WVB240300963
AGENCY 010271-00

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Broker License No. WVB240300963
Office License No. 010271-00

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