$ 275,000
-
$275,000
Price -
0
Bed -
0
Bath -
2,175
SqFt
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About the Listing RLTYMKCS - 3133108
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.
Listing Highlights
Status
Active
Days on Site
24
Property Type
Commercial Sale
MLS ®
PAPH2605076
Year Built
1915
Total Square Footage
2,175
Lot/Acreage
0.05
County
Philadelphia
Neighborhood
Elmwood Park
Area
19142 (19142)
School District
The School District Of Philadelphia
High School
John Bartram
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: 90% 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
- Lot Dimensions: Frontage: 16.00 Depth: 141.00 SQFT: 2,254 Acres: 0.0517
- Zoning: IRMX
- Roof: Flat
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $1,639
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
7119 Woodland Ave Philadelphia, PA 19142
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