5018 W Thompson St, Philadelphia, PA 19131

$299,900
: 1,650
SqFt

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List Price: $299,900
Price Change: ▼ $29,600 1784604395
Days on Market: 14
Status: ACTIVE
MLS#: PAPH2647502
Living Area: 1,650
Lot Size (Acres): 0.03
Style: Traditional
Year Built: 1925
County: Philadelphia
School District: Philadelphia City

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Property Description

Fully renovated CMX-2 mixed-use property just one block from Lancaster Avenue. The first floor features a vacant commercial shell ready for retail, office, professional, or other permitted commercial uses. The second-floor residential unit offers 3 bedrooms, 1 full bath, a heated finished attic/flex space, granite countertops, stainless steel appliances, laundry hookups, and energy-efficient mini-split heating and cooling. Recent improvements include a new roof, 400-amp electrical service, new plumbing, HVAC, replacement windows, flooring, drywall, trim, interior doors, kitchen, bathroom, and fire alarm system. The property will be delivered completely vacant, allowing an owner-occupant or investor to lease both units at market rates. Estimated market rents are approximately $2,500/month for the commercial space and $1,830/month for the residential unit, offering excellent income potential. A turnkey investment or ideal live/work opportunity in a growing West Philadelphia corridor.

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