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38 S 3Rd Street Philadelphia, PA $ 1,650,000
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38 S 3Rd Street
$ 1,650,000
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38 S 3Rd Street

Philadelphia, PA, 19106
$ 1,650,000
Bedrooms-- Baths-- Sq 4,985

Monthly Estimate*

$ 10,159

38 S 3Rd Street, Philadelphia, PA 19106 - Image 1
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Commercial Property for sale in Philadelphia, PA

for $1,650,000. This 4,985 square foot building was built in 1900 on a lot size of 0.02.

This fully-occupied 5,000 square foot building zoned CMX3, features 4 two bedrooms residential units. On the ground level there is a commercial space that is leased by Opportunity Barks Dog Training. Some basic updates have been made to the residential units in 2025, but there is still room for further improvements to increase the value. All units have central air and heat as well as washer/dryers. Located in the heart of Old City, 38 S. 3rd Street is a smart and strategic investment opportunity. Tenants enjoy exceptional walkability to great restaurants and boutiques. They have convenient access to public transit, with the 2nd Street MarketFrankford Line station just one block away. The property is also minutes from major medical institutions like Pennsylvania Hospital and Jefferson Hospital. It sits only a few blocks from I-95 providing quick, easy access to South Jersey.

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Commercial Active

Price

$ 1,650,000

Property Type

Commercial

Taxes

$ 16,437

Style

Apartment Building,/General Retail

Lot Size

0.02

Year Built

1900

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2576592
Features
Interior
Heating Fuel Natural Gas
Hot Water 60+ Gallon Tank
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement
Zoning CMX3
Construction Materials Masonry
Year Built 1900
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Apartment Building Other/General Retail
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name OLD CITY
Water Access Y/N N
Status ACTIVE
Directions On 3rd St
City PHILADELPHIA
MLS Area 19106 (19106)
Lot Size Units Square Feet
Lot Size Square Feet 1054.00
Tax Annual Amount 16437.0
Price Per Sq Ft Total AG 330.99
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 89
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 4985.00
Lot Dimensions 17.00 x 62.00
Lot Size Acres 0.02
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 234860.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 38
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* Excluded Features
List By
Philly Lmg, Llc

Broker

sabina@phillyliving.com

Email

Affordability Calculator

$11,529
Per Month
88%
12%
0%
Monthly Principal & Interest
$10,159
Monthly Property Taxes
$1,370
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
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Pricing History
DatePricePrice ChangeDescription
1/20/2026$1,650,000 Listed Price

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38 S 3Rd Street, Philadelphia, PA, 19106 is a Commercial Property for sale at $1,650,000 with 4,985 sqft and a lot size of 0.02. 38 S 3Rd Street was built in 1900. The property's zip code is 19106 which is in Philadelphia, PA

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