2040 S PHILIP ST Philadelphia, PA 19148

Fantastic PENNSPORT investor opportunity! Two-unit multifamily/commercial apartment building with gated entry foyer and separate entrances. Two-story building with 16'x49' lot size and desirable CMX2 zoning. 1st floor and basement: Vacant bi-level/needs work. Cleaned-out in empty complete shell condition. Nearly 8' high basement ceilings with a poured concrete floor. Finish a renovation as a basic 1-bedroom mirror to the 2nd floor apartment OR a 2-bedroom bi-level apartment (or commercial uses possible). 2nd floor: Nice 1 bedroom / 1 bath apartment with gas cooking, gas heat and wall A/C ready to lease. Prime neighborhood and ideal location. Convenient for parking and transportation. Walk Score of 91 (Walker's Paradise). Walking distance to restaurants, bars, shopping and parks. Close to Target, ACME Markets and dozens of retail stores including Lowes, Ikea, Home Depot and Walmart.