1501-03 E Cheltenham Ave, Philadelphia, PA 19124
Local realty services provided by:CENTURY 21 New Millennium
1501-03 E Cheltenham Ave,Philadelphia, PA 19124
$380,000
- 6 Beds
- 3 Baths
- 3,735 sq. ft.
- Townhouse
- Pending
Listed by: leonard mogil
Office: anchor realty northeast
MLS#:PAPH2643474
Source:BRIGHTMLS
Price summary
- Price:$380,000
- Price per sq. ft.:$101.74
About this home
Attention all investors: the opportunity is knocking!
Attention all investors: the opportunity is knocking!
Do not miss this investment opportunity on the rather rare and spacious mixed-use Corner Property in a great location of the desirable Oxford circle, steps away from local shops, restaurants, and public transportation with easy access to Roosevelt Blvd, Bustleton and Frankford Avenues. This property offers a versatile combination of commercial and residential spaces for a great investment opportunity. It offers a prominent street-level presence with potential built-in signs you can put there at the entrance and its strategic corner location on the intersection of two well-known streets to enhance business exposure.
This property consists of 2 attached residential single-family homes, and a mixed-use unit located in the basement which can serve a multiple variety of business such as but not limited to store-front, office space, storage facility, etc. All three units feature their own separate entrances.
The 1501 E Cheltenham Ave: 2-leveled unit atop of a store-front commercial unit offers a straight-through main level with enclosed porch, Living room, Dining area and a kitchen, this unit’s second floor contains 3 bedrooms, a full hallway bathroom with ceramic tile flooring. The home features wall to wall carpets, and a neutral décor.
The other residential unit, 1503 E Cheltenham Ave, is pretty much similar to the first one, but there is a good-sized covered patio upfront, instead of the “1501’s” enclosed porch, followed by the entrance door into the property.
The former business space unit is rather large, open layout main room space with the secured gate entrance, plenty of shelving stands, wall shelves, counter spaces, enclosed space with the register and a vanity sink to compliment conducting of a business from this location. Also there are multiple storage rooms in the back with more shelving units and a powder room. The commercial space is centrally air-cooled for the convenience of customers.
Additionally, this property has a driveway in the back for the off-street parking.
NOTE: All these three units are sold together in one RE transaction and cannot be separated.
1501 E Cheltenham Ave: occupied on the month-to-month basis
1503 E Cheltenham Ave: still has a yearly Lease until 03/31/27
Mixed-use basement is vacant
The residential units are still occupied with nice, good-paying tenant that are current on their rents. This property is being sold AS-IS, WHERE-IS with the existing Residential Leases being transferred to the Buyer at the Settlement. It requires some love and updating but has lots of great potential. The mixed-use basement still has all the shelving units and equipment that for the right price can be negotiated to be included in the Sale. The Price is firm, but very reasonable for a quick sale. Lowball offers would not be accepted nor considered....
Contact an agent
Home facts
- Year built:1945
- Subdivision & Development:OXFORD CIRCLE
- Listing ID #:PAPH2643474
- Added:117 day(s) ago
- Updated:October 27, 2026 at 08:38 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Basement:Yes
- Basement Description:Full, Outside Entrance
- Living area:3,735 sq. ft.
Heating and cooling
- Heating:Natural Gas, Radiator
Structure and exterior
- Year built:1945
- Building area:3,735 sq. ft.
- Lot area:0.06 Acres
- Architectural Style:Bi-level, Side-by-Side, Straight Thru
- Construction Materials:Masonry
- Foundation Description:Slab
- Levels:2 Stories
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$380,000
- Price per sq. ft.:$101.74
- Tax amount:$4,220 (2025)
Parking
- Parking description:On Street
New listings near 1501-03 E Cheltenham Ave
- Coming SoonOpen Sat, 11am to 1pm
$350,000Coming Soon2 beds -- baths1,218 sq. ft.5401 Charles St, PHILADELPHIA, PA 19124
MLS# PAPH2674852Listed by: HONEST REAL ESTATE - Coming Soon
$489,900Coming Soon3 beds 3 baths1,628 sq. ft.1915 E Hagert St #2, PHILADELPHIA, PA 19125
MLS# PAPH2684752Listed by: EXP REALTY, LLC - Coming Soon
$255,000Coming Soon3 beds 1 baths1,490 sq. ft.3533 Chippendale St, PHILADELPHIA, PA 19136
MLS# PAPH2682250Listed by: KW EMPOWER - Coming SoonOpen Sun, 1 to 3pm
$629,900Coming Soon4 beds 3 baths2,400 sq. ft.450 Roxborough Ave, PHILADELPHIA, PA 19128
MLS# PAPH2683648Listed by: KELLER WILLIAMS MAIN LINE - Coming Soon
$189,000Coming Soon3 beds 1 baths1,056 sq. ft.3412 N 16th St, PHILADELPHIA, PA 19140
MLS# PAPH2684484Listed by: RE/MAX KEYSTONE - Coming SoonOpen Sat, 3:30 to 5pm
$275,999Coming Soon3 beds 1 baths1,360 sq. ft.7715 Olympus Pl, PHILADELPHIA, PA 19153
MLS# PAPH2684506Listed by: HOMESTARR REALTY - Coming Soon
$129,999Coming Soon2 beds 2 baths1,008 sq. ft.2336-00 Mcclellan St, PHILADELPHIA, PA 19145
MLS# PAPH2684588Listed by: REAL OF PENNSYLVANIA - Coming Soon
$309,900Coming Soon3 beds 2 baths1,320 sq. ft.2940 E Thompson St, PHILADELPHIA, PA 19134
MLS# PAPH2684098Listed by: OPUS ELITE REAL ESTATE - Coming SoonOpen Wed, 5 to 6:30pm
$360,000Coming Soon2 beds 1 baths949 sq. ft.2331 Almond St, PHILADELPHIA, PA 19125
MLS# PAPH2684344Listed by: KW EMPOWER - Coming Soon
$3,495,000Coming Soon4 beds 5 baths5,123 sq. ft.139 S 24th St, PHILADELPHIA, PA 19103
MLS# PAPH2684364Listed by: KW EMPOWER