Listed by Michael P Cohen of KW Empower
Welcome to 238 N 52nd St, a well-maintained mixed-use investment property in West Philadelphia featuring 7 total units 6 residential studio apartments and 1 commercial salon space. Street-level salon is currently rented for $900/month and includes the main salon area, private storage room, and bathroom. The six residential studio units are each rented for $775/month, creating strong income potential for investors. The property features separate electric and gas meters for all 7 units. Heating is provided by a radiator system with a central thermostat controlled by the lower level, and the main boiler was replaced in 2022. The salon also includes 2 mini-split systems for additional comfort. There is 1 hot water heater servicing the residential units and a separate hot water heater for the commercial space. Additional updates include a roof approximately 4 years old. Conveniently located near public transportation, shopping, and major roadways, this fully occupied mixed-use property is a great addition to any investment portfolio.

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