$499,900
Turnkey CMX mixed-use property offering an excellent opportunity for investors, business owners, or owner-occupants. The property features four efficiency apartments, with three currently leased and one vacant, providing immediate income with additional upside. The fully renovated commercial space, formerly operated as a daycare, is vacant and ready for its next owner or tenant.
Whether you're looking to expand your investment portfolio, operate your business on-site, or live in one unit while generating rental income from the others, this property offers exceptional flexibility. The CMX zoning allows for a variety of commercial uses, making it ideal for daycare, office, retail, professional services, and more (buyer to verify intended use).
The property has been thoughtfully updated and is move-in ready, allowing the next owner to begin generating income immediately without the need for renovations. In addition to ample street parking, the property also features a two-car garage in the rear, providing valuable off-street parking for owners, tenants, or business customers.
Conveniently located near public transportation, shopping, schools, and major roadways, this is a rare opportunity to own a versatile, income-producing property in West Philadelphia.
Current Gross Annual Income
3 occupied units = $33,600/year
Potential Gross Annual Income (once fully leased):
4 efficiency units approx $44,400/year
Commercial space (estimated at $2,000–$2,800/month): $24,000–$33,600/year
Potential Gross Income: $68,400–$78,000/year
Schedule your private showing today.
6411 Vine St, Philadelphia
Listing courtesy of Brokers Realty Group, LLC. Contact: 8556872765