421 W Olney Ave

Philadelphia, PA 19120
  • $275,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 1,460

    SqFt

About the Listing 61003 - 3184468

Have you been expanding your business and you are looking for a permanent spot for your business? This affordable Mixed-use investment opportunity located along a major commercial corridor in the Olney/Oak Lane section of North Philadelphia. This 3-unit property consists of a vacant first-floor commercial space, a fully occupied second-floor residential apartment, and a separately located 4-car garage, offering multiple income streams. The first-floor commercial unit features direct access to the basement and a separate side entrance, providing flexibility for a variety of business uses. The second-floor residential unit has its own private side entrance and is currently occupied by a new tenant. The detached 4-car garage, located directly behind the building, provides additional rental income potential. Situated at 421 W Olney Ave, the property is surrounded by residential housing and is just one block from 5th Street. The location offers easy access to Roosevelt Boulevard, Broad Street, and Cheltenham Avenue, making it convenient for tenants and customers alike. This property presents an excellent opportunity for an owner-occupant or investor to add value by leasing the commercial space while collecting existing rental income from the residential unit and garage. Property is being sold as-is.

Listing Highlights

Status Active
Days on Site 18
Property Type Commercial Sale
MLS ® PAPH2575760
Year Built 1925
Total Square Footage 1,460
Lot/Acreage 0.07
County Philadelphia
Neighborhood Olney
School District Philadelphia City

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central A/C
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Parking Spaces: 4
  • Lot Dimensions: 25.00 x 116.00
  • Zoning: CMX2
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Private,Private Garage,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $2,921
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

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421 W Olney Ave Philadelphia, PA 19120

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Originating MLS: BRIGHT_MAIN

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