2500 S Hobson St,PHILADELPHIA, PA 19142
PHILADELPHIA, PA 19142
Description
2500 Hobson St, Philadelphia, PADiscover a rare mixed-use investment opportunity in a prime Philadelphia location offering both residential and commercial income potential. This strategically positioned property presents the perfect value-add project for an investor ready to unlock serious cash flow.The main house is currently utilized as one residential unit.. With the right vision and renovations, there is potential to explore converting the basement into an additional unit (buyer to verify zoning and use), creating even greater income potential. This is a true fixer-upper - but for the savvy buyer, that means opportunity. Once renovated, this property has the ability to generate strong and consistent returns.In addition to the residential space, the property features a versatile commercial unit. Positioned for high visibility with steady foot and vehicle traffic, the storefront offers excellent exposure for a variety of business uses. Its strategic placement makes it highly attractive to potential tenants looking to capitalize on the area's activity and accessibility.Located in a high-demand section of Philadelphia, the property benefits from ongoing growth, increasing property values, and strong rental demand. Close proximity to public transportation, major roadways, commercial corridors, and neighborhood amenities enhances both residential and commercial leasing potential.The combination of residential and commercial components provides diversified income streams, reducing risk while strengthening long-term investment stability.This is an ideal opportunity for investors looking to renovate, reposition, and build equity in a growing market.Bring your vision. Unlock the upside. Reap the rewards. The property is currently squatter occupied and in the process of an ejectment. No showings allowed.
Details
| MLS # | PAPH2585872 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1935 |
| Days On Site | 232 |
| Listing Provided By | Real of Pennsylvania | William Holder |
Features
| SQ Feet | 1,518 |
|---|---|
| Story(s) | 2 |
| Units | 3 |
| Zoning | CMX2 |
| Acreage | 0.03 |
Interior
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Radiator |
Exterior
| Roof | Flat |
|---|---|
| Construction Materials | Masonry |
| Foundation Details | Brick/Mortar |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 1641 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19142 |
| Area | 19142 (19142) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in 19142) | |
Price: $149,999 low | high Med: $139,900 sqft: 1,518 low | high Med: 992 $ / sqft: $99 low | high Med: $141 On site: 232 low | high Med: 87 | |
Market Activity 19142
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19142 |
| Area | 19142 (19142) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in 19142) | |
Price: $149,999 low | high Med: $139,900 sqft: 1,518 low | high Med: 992 $ / sqft: $99 low | high Med: $141 On site: 232 low | high Med: 87 | |
