609 E Allegheny Avenue Philadelphia, PA $ 549,000
609 E Allegheny Avenue
$ 549,000
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609 E Allegheny Avenue

Philadelphia, PA, 19134
$ 549,000
Bedrooms-- Baths-- Sq 4,350

Monthly Estimate*

$ 3,425

609 E Allegheny Avenue, Philadelphia, PA 19134 - Image 1
609 E Allegheny Avenue, Philadelphia, PA 19134 - Image 2
609 E Allegheny Avenue, Philadelphia, PA 19134 - Image 3
609 E Allegheny Avenue, Philadelphia, PA 19134 - Image 4
609 E Allegheny Avenue, Philadelphia, PA 19134 - Image 5
609 E Allegheny Avenue, Philadelphia, PA 19134 - Image 6
609 E Allegheny Avenue, Philadelphia, PA 19134 - Image 7
609 E Allegheny Avenue, Philadelphia, PA 19134 - Image 8
609 E Allegheny Avenue, Philadelphia, PA 19134 - Image 9
609 E Allegheny Avenue, Philadelphia, PA 19134 - Image 10

Commercial Property for sale in Philadelphia, PA

for $549,000. This 4,350 square foot building was built in 1920 on a lot size of 0.08.

See attached documentations. Nine (9) non-housekeeping units with community kitchen for up to Sixteen (16) people. Property brings in a gross monthly income $12,500 on average. Annual Gross income $150,000. Property breakdown listed below: * Basement level: Room 1 $550 , Room 2 $400 , Room 3 $400, Room 4 $600, Room 5 $600 , Room 6 $400 , Room 7 $400 , Room 8 $400 , Room 9 $700 Studio with Full Bathroom. In addition, there are 2 full and Half Bathroom for communal use. *Firs Floor : 1br 1ba Apt $800 , Office including full bathroom $2500 (Owner Occupied) , 2Br 1Ba $1100. *Second Floor: Room 1 $500 , Room 2 $500 , Room 3 $400 , Room 4 $450 , Room 5 $500 , Room 6 $400 , Room 7 $400 , Room 8 $500. There are 2 full bathrooms for communal use. * (2)Newer Water Heater Tanks, Rubber Roof Installed in 2018, New Sewer Line to the curb installed in 2023. Fire Alarm System. There are 4 Fire exits. Each Room is heated by its own Electric Fan Blower heater. * 200AMP Service. 2 Electrical Meters. One services the 2br 1ba Unit located on the 1st floor. Second meter services the whole building. Expenses: Insurance: 2000/Yr Water: 275/mo Avg Electric: $650/Mo Avg Pest Control: $65 every 6 months. NO GAS. Trash: $300/Yr

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Commercial Active

Price

$ 549,000

Property Type

Commercial

Taxes

$ 7,768

Style

Apartment Building

Lot Size

0.08

Year Built

1920

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2561626

Features
Interior
Heating Fuel Electric
Flooring Ceramic Tile Hardwood
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
Total Restrooms 5
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General
Sewer Public Sewer
Heating Baseboard - Electric Baseboard - Hot Water
Cooling Window Unit(s)
Utilities Electric Available Natural Gas Available Water Available Sewer Available
Possession Immediate
Roof Flat
Zoning RM1
Construction Materials Masonry
Year Built 1920
Electric 200+ Amp Service
Property Subtype Special Purpose
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Gross Income 150000.00
Business Type Apartment Building Other
Accessibility None
County PHILADELPHIA
Net Operating Income 136750.00
Operating Expense 1105.00
Insurance Expense 2000.00
New Construction N
Property Type Commercial Sale
Possible Use Apartment Building Apartments Bar/Tavern/Lounge Barber/Beauty Bed & Breakfast Church Commercial Day Care Development Double-Wide Financial Florist/Nursery Flex Space Funeral Home Hotel/Motel Institut
Water Access Y/N N
Status ACTIVE
Directions GPS
City PHILADELPHIA
Number Of Units Total 20
MLS Area 19134 (19134)
Lot Size Units Square Feet
Lot Size Square Feet 3604.00
Tax Annual Amount 7768.0
Electric Expense 7800.00
Property Condition Very Good
Trash Expense 300.00
Price Per Sq Ft Total AG 126.21
Acceptable Financing Cash Bank Portfolio
Avg. Electric Per Month 650.0
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Total Actual Rent 136000.00
Cap Rate 24.00
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking On Street
Foundation Details Block Brick/Mortar
Water View Y/N N
Building Area Total 4350.00
Lot Dimensions 35.00 x 103.00
Lot Size Acres 0.08
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 111042.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 609
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* Excluded Features
List By
Kw Empower

Broker

luisluciano@kw.com

Email

Affordability Calculator

$4,072
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,425
Monthly Property Taxes
$647
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/21/2025$549,000 Listed Price

Map


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609 E Allegheny Avenue, Philadelphia, PA, 19134 is a Commercial Property for sale at $549,000 with 4,350 sqft and a lot size of 0.08. 609 E Allegheny Avenue was built in 1920. The property's zip code is 19134 which is in Philadelphia, PA