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Explore Our Properties
1110 SOUTH STREET
1110 SOUTH STREET
1110 SOUTH STREET
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$2,250,000

1110 SOUTH STREET

7,208 Sq.Ft. 2,060 Sq.Ft.

Description

1110-12 South Street presents a rare opportunity to acquire a 2016-built, fully occupied mixed-use investment property along one of Philadelphia's most recognizable commercial corridors. The four-story building consists of seven residential apartments and one ground-floor commercial space, offering an attractive combination of stabilized income, modern construction, and future upside.
The residential mix includes six one-bedroom apartments and one three-bedroom apartment, with modern finishes, hardwood flooring, large windows, and individually conditioned units and water heaters. The property is sprinklered and was purpose-built in 2016, providing an ownership profile that stands apart from the older multifamily and mixed-use inventory commonly found throughout the surrounding neighborhood.
The property is currently 100% occupied, allowing a new owner to benefit from established cash flow immediately upon acquisition. Residential rents are generally well positioned within the current market, while the commercial lease runs through March 31, 2027, creating a near-term opportunity for the next owner to capture additional value from the South Street storefront.
With its newer construction, strong occupancy, diversified residential and commercial income, and prominent South Street location, 1110-12 South Street is ideally suited for a 1031 exchange buyer, private investor, or portfolio owner seeking a stabilized and relatively easy-to-manage Philadelphia investment property with long-term upside.

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Location

1110 SOUTH STREET, PHILADELPHIA, PA 19147

Status

For Sale
Joshua  Pagan

Joshua Pagan

TITLE

Real Estate Agent

Property Amenities

Area & Lot
Total area 7,208 Sq.Ft.
Lot Area 2,060 Sq.Ft.
Living area 7,208 Sq.Ft.
MLS® ID PAPH2668228
Year Built 2016
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Type Commercial
Status For Sale
Exterior
Air conditioning Central A/C
Heat type Forced Air
Disability Features None
Water Source Public
Sewer Public Sewer
Parking On Street
Finance
Sales Price $2,250,000
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Thank you for your interest in 1110 SOUTH STREET, PHILADELPHIA, PA 19147. We are reviewing your request and will be in touch shortly!

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