3228 Kensington Avenue

Philadelphie, PA 19134

Investors, take note! Imagine the possibilities that this completely remodeled three-story mixed-use property affords. The property is currently located in the rapidly developing and appreciating Kensington neighborhood, allowing for a variety of uses, including both residential and commercial ventures. The spacious first floor provides a commercial space that can be used for businesses such as a restaurant, office suite, or something else - pending a zoning use permit from the city, the current zoning is CMX-2. The space is currently vacant (previously rented at $1,400 per month) and ready for immediate occupancy by a new business. The second level boasts a sizable two-bedroom apartment filled with natural light and modern upgrades rented at 850.00 a month. The third level is a secondary one-bedroom apartment with new flooring and rented at 825.00 a month. Each residential space is currently rented at below market value on month-to-month leases, with room for further profitability and growth.This beautiful mixed-use property is located within walking distance of many other local shops, restaurants, and businesses, making it the perfect location for an aspiring new business in the up-and-coming commercial corridor. Tenants will soon be flocking to the area that is under a resurgence of development, adding charm to the vibrant and exciting environment. Note-worthy building amenities include separate water heaters, gas service, and electricity for each unit, making renting each space to separate tenants effortless. There has never been a better time than the present to invest in your future as you create or add to a growing legacy.