- /
2
See all 2 photos
Listed by Zhi Qiang Zhao • Castle Realty Services LLC
$3,500,000
Est. payment /mo
1,638 Sqft Lot
Active
119 N 11TH ST Philadelphia, PA 19107
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2594726
Year Built 1930
Annual Tax Amount $15,122
Tax Year 2025
Lot Size 1,638 Sqft
Acres 0.04
Lot Dimensions 18.00 x 91.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Rare opportunity to acquire a mixed-use property in the heart of Chinatown, Philadelphia, one of the most vibrant and sought-after neighborhoods in Philadelphia. This versatile building features four residential units and one street-level commercial storefront, offering strong income potential for both investors and owner-operators.
The property includes two spacious 2-bedroom apartments and two 1-bedroom apartments, along with a ground-floor retail space currently occupied by a mini-mart with a long-term lease. The commercial tenant pays $3,000/month plus one-third of the real estate taxes and one-third of the property insurance, providing a stable income stream.
One 1-bedroom unit is currently rented for $800/month on a month-to-month lease, while the remaining residential units are vacant after being previously occupied by family members, offering immediate value-add potential for new ownership. With rental demand in the area strong, 2-bedroom units in the neighborhood commonly command $1,500–$1,800 per month.
The property does require some updates, presenting an excellent opportunity for investors to renovate, increase rents, and maximize returns in a prime Center City location surrounded by restaurants, shopping, and convenient transportation.
For additional information or to schedule a showing, please contact the listing agent.
The property includes two spacious 2-bedroom apartments and two 1-bedroom apartments, along with a ground-floor retail space currently occupied by a mini-mart with a long-term lease. The commercial tenant pays $3,000/month plus one-third of the real estate taxes and one-third of the property insurance, providing a stable income stream.
One 1-bedroom unit is currently rented for $800/month on a month-to-month lease, while the remaining residential units are vacant after being previously occupied by family members, offering immediate value-add potential for new ownership. With rental demand in the area strong, 2-bedroom units in the neighborhood commonly command $1,500–$1,800 per month.
The property does require some updates, presenting an excellent opportunity for investors to renovate, increase rents, and maximize returns in a prime Center City location surrounded by restaurants, shopping, and convenient transportation.
For additional information or to schedule a showing, please contact the listing agent.
Location
State PA
County Philadelphia
Area 19107 (19107)
Zoning CMX4
Interior
Hot Water Natural Gas
Heating Baseboard - Electric, Radiator
Cooling None
Heat Source Natural Gas, Electric
Exterior
Water Access N
Accessibility Level Entry - Main, 36\"+ wide Halls
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871600230
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS