2317 E Westmoreland St | Image 1
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2317 E Westmoreland St | Image 2
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$838,000

For Sale

8 days ago

2317 E Westmoreland St, Philadelphia, PA

House

MLS® PAPH2637228

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $7,133
Days Active 7
Lot Size 0.05 Acres
Approx. Age 1920
MLS® Number PAPH2637228

Property Address: 2317 E Westmoreland St, PHILADELPHIA, PA, 19134-4529

Average square foot calculated using Size range provided by listing agent.

Description

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 8.1% Cap Rate – High-yield, income-producing asset ✔ Tax Abatement – 1 Year 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 $84, 000 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!
MLS® NumberPAPH2637228
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
Basement
DrivewayOn Street
Garage Spaces
HeatCentral, Electric
A/CCentral A/C, Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 15, 2026List Date
$838,000List Price
  • Commute

Commute

Starting Address
Destination Address
2317 E Westmoreland St, Philadelphia, PA

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