1201 E Lycoming St, Philadelphia, PA 19124
Local realty services provided by:CENTURY 21 Above and Beyond
1201 E Lycoming St,Philadelphia, PA 19124
$299,900
- 4 Beds
- 3 Baths
- - sq. ft.
- Single family
- Coming Soon
Listed by: darwin laureano
Office: exp realty, llc.
MLS#:PAPH2592510
Source:BRIGHTMLS
Price summary
- Price:$299,900
About this home
Turnkey Mixed-Use Investment with Immediate Cash Flow!
Positioned in a high-visibility corridor of Philadelphia, 1201 E Lycoming St presents a mixed-use investment opportunity combining stable residential income with commercial frontage. This four-unit property is strategically configured to maximize cash flow while maintaining diversified tenant demand.
The asset consists of three residential units and one commercial storefront, creating a balanced income profile that appeals to both long-term residential tenants and neighborhood-serving retail. Two residential units are 1-bedroom apartments, complemented by a studio unit, while the ground-level commercial space benefits from direct street exposure: an attractive feature for small retail or service businesses.
The property currently generates strong in-place income, with the commercial unit leasing at $1,135/month and a residential unit at $725/month, while the studio is projected at $700/month. This structure provides immediate cash flow with additional upside potential, allowing an investor to gradually optimize rents and improve overall yield.
Philadelphia’s Northeast submarket continues to see consistent rental demand due to its accessibility, dense residential population, and proximity to major transit routes and neighborhood retail corridors. Assets with commercial frontage and residential units above are particularly attractive because they diversify risk and stabilize income streams compared to purely residential holdings.
For investors seeking a stabilized mixed-use asset with income today and clear room for value growth, 1201 E Lycoming St represents a well-positioned addition to a Philadelphia investment portfolio.
Zoning to be verified by the buyer.
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Home facts
- Year built:1925
- Listing ID #:PAPH2592510
- Added:1 day(s) ago
- Updated:March 10, 2026 at 10:50 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Basement:Yes
Heating and cooling
- Cooling:Ceiling Fan(s)
- Heating:Baseboard - Electric, Electric
Structure and exterior
- Year built:1925
- Construction Materials:Brick, Masonry
- Foundation Description:Concrete Perimeter
- Levels:2 Stories
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$299,900
- Tax amount:$1,507 (2025)
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