1204-1206 E Palmer Street Philadelphia, PA
$ 1,235,000
Property Attributes
  • MLS#PAPH995590
  • TypeCommercial
  • CityPhiladelphia
  • Area19125
  • Zip19125
  • StyleGeneral Retail,Professional
  • Year Built2016
  • Taxes$ 6335
  • Price$ 1,235,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4127
  • Lot Size1,742 SqFt
Listing Provided Courtesy Of:
Elfant Wissahickon Realtors
Data Source:
Bright MLS - 382 - MD
Property Description

Calling all savvy investors and owner occupants looking for a sound investment! Welcome to 1204 and 1206 E. Palmer street. Rebuilt from the ground up in 2016, these two multi-use triplex properties check all the boxes! Live, work and invest in Fishtown, one of Philly's hottest locations and most in demand residential submarkets. With over $8,000 in projected income from 4 residential units, 2 commercial office spaces and approximately 6 years remaining on their tax abatement these two properties are sure to cash flow! Currently occupied, the bi-level commercial space at 1204 brings in $1,300 a month. The two studios can be found just above on floors two and three, each with their own dishwasher, washer/dryer, central AC and smart video alert system. With leases in place, rest assured knowing you won't have to search for tenants here! 1206 has two, 2 bedroom units very similar in design with in unit laundry, dishwasher, a smart video alert system and beautiful wood flooring. These 2 bed/ 1 bath units are laid out perfectly with each bedroom flanking the kitchen and living space. 1206 is completely leased out and brings in a total of $4,660 a month. Spanning just over 4,000 square feet, these two triplexes really are a smart investment opportunity right in the heart of Fishtown. Don’t miss your opportunity to make your investment dreams come true!

Price History
4/3/2021 Listed $1,300,000
5/26/2021 5% - $1,235,000

General Features

Accessibility None
Avg. Electric Per Month 67.0
Business Type Other/General Retail, Professional
Construction Materials Masonry
Cool Fuel Electric
Cooling Central A/C
Days on Market 125
Heating Central
Historic Y/N No
MLS Area 19125 (19125)
New Construction No
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 299.25
Property SubType Mixed Use
Property Type Commercial Sale
Property Use Investment
Sewer Public Sewer
Tax Annual Amount 6335.0
Tax Year 2020
Total Units 6
Vacation Rental Y/N No
Water Access Y/N No
Zoning CMX2

Interior Features

Central Air Y/N Yes
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric
Total Restrooms 7

Exterior Features

Building Area Total 4127.00
Lot Size Acres 0.04
Lot Size Source Estimated
Lot Size Square Feet 1758.00
Navigable Water Y/N No
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19125

AVG $820K
AVG $4,390
AVG 91
Year Built
AVG 1938
AVG 91
Data Provided by Walkscore ® not using MLS data

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