Address
3345 Kensington Avenue, Philadelphia, PA
Price
$ 239,500
Property Attributes
- MLS#PAPH2488444
- TypeCommercial
- Listing Status ACTIVE
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19134
- NeighborhoodKensington
- Zip19134
- StyleApartment Building
- Year Built1915
- Taxes$ 1177
- Price$ 239,500
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2110
- Lot Size0.03 Acres
Data Source:
Bright MLS
Property Description
All showings must be accompanied by an agent. Do not disturb store employees. Kensington Ave: a Brick and Stucco Mixed use building consisting of an occupied first floor commercial unit, and 2 occupied residential units (both are 1 bed/1 bath apt units) on the second and third floors above. The building is approx 2100 sq ft and has plenty of on street parking. The commercial unit is currently a productive new Convenience Store with a 3 year lease & automatic rental increases. In 2025 the commercial unit rent is $1400/month. The two apartment units have current leases of $800 and $750/month respectively. The leases in total currently produce a net income total of $2950/month. All of the units were renovated in 2020. This income producing building in the Kensington section of Philadelphia is close to the El, Kensington Works and many new businesses. Building is in very good condition and is being sold as-is.
| Price History | |
|---|---|
| 5/30/2025 | Listed $289,900 |
| 6/16/2025 | 2$284,900 |
| 7/21/2025 | 4$275,900 |
| 2/10/2026 | 4$264,900 |
| 4/16/2026 | 6$249,900 |
| 4/28/2026 | 8$230,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | 90% Forced Air,Baseboard - Electric,Baseboard - Hot Water |
| Cooling | Ductless/Mini-Split,Window Unit(s) |
| Possession | Immediate,Negotiable |
| Roof | Flat |
| Zoning | CMX2 |
| Construction Materials | Masonry |
| Exclusions | All store equipment,all personal property |
| Year Built | 1915 |
| Property Subtype | Mixed Use |
| Tax Year | 2024 |
| Ownership | Fee Simple |
| Cool Fuel | Electric |
| Gross Income | 34200.00 |
| OwnerPays | Common Area Maintenance,Heater Maintenance Contract,Sewer Maintenance,Taxes - Real Estate |
| Business Type | Apartment Building |
| Accessibility | None |
| County | PHILADELPHIA |
| Net Operating Income | 31473.00 |
| Insurance Expense | 2000.00 |
| New Construction | No |
| Property Type | Commercial Sale |
| MaintenanceExpense | 750.00 |
| Subdivision Name | KENSINGTON |
| Water Access Y/N | No |
| Property Use | Investment |
| Transportation | Bus Stop less than 1 mile,Airport less than 10 miles,Metro/Subway Station less than 1 mile,Commuter Rail Station 1 to 5 miles |
| Status | ACTIVE |
| Directions | Use GPS |
| City | PHILADELPHIA |
| Disclosures | Lead Based Paint - State,Prop Disclosure,Under Lease |
| Number Of Units Total | 3 |
| MLS Area | 19134 (19134) |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 1257.00 |
| Tax Assessed Value | 84100.0 |
| Tax Annual Amount | 1177.0 |
| Property Condition | Good |
| Price Per Sq Ft Total AG | 113.51 |
| Acceptable Financing | Cash,Conventional |
| Historic Y/N | No |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 14 |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Flooring | Ceramic Tile,Hardwood,Laminate Plank,Laminated,Partially Carpeted |
| Hot Water | Natural Gas,Electric |
| Total Stories | 3 |
| Heating Y/N | Yes |
| Central Air Y/N | No |
| Total Restrooms | 3 |
| Entry Level | 1 |
Exterior Features
| Water Source | Public |
|---|---|
| Inclusions | Current leases |
| Type of Parking | On Street |
| Land Use Code | Y50 |
| Water View Y/N | No |
| Building Area Total | 2110.00 |
| Lot Dimensions | 16.00 x 79.00 |
| Lot Size Acres | 0.03 |
| Lot Size Source | Assessor |
| Waterfront Y/N | No |
| Land Assessed Value | 16820.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Fencing Y/N | Yes |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 19134
Price
Taxes
Year Built
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