1715 S 18th St, Philadelphia, PA 19145

Rare opportunity to own a brand-new, three-unit mixed-use property on a prominent corner in South Philadelphia, complete with a 10-year tax abatement and 1-year builder's warranty. The property includes a commercial space spanning the first floor and fully finished basement, plus two residential units, each offering two bedrooms across multi-level layouts. The projected gross potential income is $81,600 annually ($6800/month), consisting of $24,000/year from the commercial space ($2,000/month), $27,600/year from Unit 1 (2 bedroom, 2 bathroom at $2,300/month), and $30,000/year from Unit 2 (2 bedroom, 2 bathroom with private roof deck at $2,500/month). For an owner-occupant, the commercial space creates an opportunity to operate a business while the residential units generate income, or use all three units as an investment property with a projected 7.2% cap rate. Modern construction and finishes throughout include open-concept floor plans, wood flooring, recessed lighting, contemporary...