1204 E Palmer Street

Philadelphia, PA 19125

Welcome to 1204 E Palmer Street. Connected to her sister property, 1206 E. Palmer, these two triplexes check all the boxes to make your investor dreams come true! 1204 was rebuilt from the ground up in 2016, and 1206 was a new construction in 2016. Each building houses a first floor commercial space as well as two residential units. Located just steps away from Girard Ave and all that Fishtown has to offer, this couldn’t be a better opportunity. All units are filled with natural light, have beautiful hard wood flooring and a video visitor announcement system. Unit 1, a bi-level commercial space, has an inviting open lobby space that any indoor plant would be happy to call home. Just beyond the lobby is a private room for an office space and a full bath with a tub. Continuing on down the stairs into the finished lower level is a second open layout as well as a second private office room. Two good size storage closets allow you to stock up on business supplies, merchandise or even add a washer/dryer. Whatever your small business needs may be, this office space is sure to please. Walk up to the second floor and enter unit #2. This efficient studio space offers a dishwasher, granite counter tops and plenty of cabinet space. You won’t have to eat out every night just because you live in a studio! With your own washer/dryer smartly tucked into the wall you can maximize on living space. There is even a tub in the bathroom, so go on, get your bubble bath on! Unit #3, on the third floor also has a linear kitchen with a dishwasher and plenty of cabinet space for all the snacks your heart desires. Just past the kitchen is the bathroom, with a shower stall lined in subway tiles. An in unit washer and dryer and an open layout here could easily be divided by a bookshelf or kept open and free. Whether you’re looking to have tenants pay a portion of your mortgage as an owner occupant or you're a savvy investor, 1204 is sure to please. ALL units here are currently occupied with the commercial space rented out for $1300 a month, unit #2 renting for $1,150 and unit #3 for $1,100. In addition to having approximately 6 years remaining on the tax abatement, 1204 E. Palmer street is a sound investment in the ever popular Fishtown area of Philadelphia. You won’t be disappointed, schedule your showing and start planning your future.