2317 E Westmoreland Street Philadelphia, PA $ 838,000
2317 E Westmoreland Street
$ 838,000
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2317 E Westmoreland Street

Philadelphia, PA, 19134
$ 838,000
Bedrooms-- Baths-- Sq 3,948

Monthly Estimate*

$ 5,160

2317 E Westmoreland Street, Philadelphia, PA 19134 - Image 1
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Commercial Property for sale in Philadelphia, PA

for $838,000. This 3,948 square foot building was built in 1920 on a lot size of 0.05.

Rarely offered, fully renovated 4-unit mixed-use property with long-term residential and commercial tenants. This property boasts modern amenities with high-quality finishes throughout! This fully sprinklered building features three upscale 1-bedroom, 1-bath apartments and a long-term medical tenant on the ground floor, ensuring steady rental income. Key Investment Highlights: Strong 7.87% Cap Rate High-yield, income-producing asset Tax Abatement 1 Years Remaining 100% Occupancy with Cash Flow Long-term residential & commercial tenants Turnkey Condition Low-maintenance, modern construction High-Demand Location Steps from Aramingo Ave, I-95, transit, and retail hubs Quality Upgrades Tankless water heaters, sliding glass shower doors, central air, LED lighting, granite countertops, tile flooring, stainless steel appliances Fire & Safety Compliance Fire alarm monitoring & annual system maintenance Transferrable Roof Warranty Added long-term value This prime investment property offers a rare opportunity to acquire a stabilized, low-maintenance asset in a rapidly growing area. Perfect for 1031 exchange and portfolio investors! Location Perks: Close to public transportation, restaurants, retailers, hospitals, schools, parks, fitness centers, I-95, and just minutes from downtown. Don't miss this highly desirable, fully occupied asset The property generates an annual rent of $80,800 and is separately metered for electricity. This property offers a lot, including streamlined rental payments, secure waste management, and maintenance services. Don't miss out on this income-generating gem!

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Commercial Active

Price

$ 838,000

Property Type

Commercial

Taxes

$ 7,133

Style

Medical

Lot Size

0.05

Year Built

1920

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2586982

Features
Interior
Heating Fuel Electric
Flooring Ceramic Tile Laminate Plank
Hot Water Instant Hot Water Tankless Electric
Total Stories 2
Heating Y/N Y
Central Air Y/N Y
Entry Level 1
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Utilities Electric Available Sewer Available Water Available
Possession Immediate Negotiable
Roof Flat Rubber
Zoning ICMX
Security Features Exterior Cameras Main Entrance Lock Smoke Detector Sprinkler System - Indoor Window Grills
Construction Materials Masonry
Year Built 1920
Electric 200+ Amp Service
View City
Property Subtype Mixed Use
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Medical
Accessibility Doors - Swing In
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Energy Efficient Lighting
Possible Use Apartment Building Apartments Church Commercial Day Care Institutional Investment Medical/Dental Mixed Use Multi-Family Office Professional Service Retail Senior Assisted/Day Care
Water Access Y/N N
Status ACTIVE
Directions Traveling Northbound on I-95 exit Allegheny turn right onto Richmond St turn left onto Westmoreland St arrive at 2317 E Westmoreland Street.
City PHILADELPHIA
Disclosures Agent has Financial Interest Owner RE Licensee
Number Of Units Total 4
MLS Area 19134 (19134)
Lot Size Units Square Feet
Lot Size Square Feet 2100.00
Tax Annual Amount 7133.0
Property Condition Excellent
Price Per Sq Ft Total AG 212.26
Acceptable Financing Cash Conventional Negotiable Private Other
Avg. Electric Per Month 133.0
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 210
Total Actual Rent 80800.00
Cap Rate 7.87
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Exterior
Water Source Public
Inclusions transferrable roof warranty fire alarm monitoring
Type of Parking On Street
Foundation Details Slab
Water View Y/N N
Building Area Total 3948.00
Lot Dimensions 50.00 x 42.00
Lot Size Acres 0.05
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 130000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2317
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* Excluded Features
List By
Red Door Real Estate

Broker

schoing@trustreddoor.com

Email

Affordability Calculator

$5,754
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,160
Monthly Property Taxes
$594
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
Pricing History
DatePricePrice ChangeDescription
2/23/2026$838,000 Listed Price

Map


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2317 E Westmoreland Street, Philadelphia, PA, 19134 is a Commercial Property for sale at $838,000 with 3,948 sqft and a lot size of 0.05. 2317 E Westmoreland Street was built in 1920. The property's zip code is 19134 which is in Philadelphia, PA