3847 TERRACE ST, Philadelphia, PA 19128
3847 TERRACE ST, Philadelphia, PA 19128
3847 TERRACE ST, Philadelphia, PA 19128
3847 TERRACE ST, Philadelphia, PA 19128
3847 TERRACE ST, Philadelphia, PA 19128
3847 TERRACE ST, Philadelphia, PA 19128
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Listed by Steven Everett • Compass Pennsylvania, LLC
$ 539,000
Est. payment | /mo

2,918 SqFt


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$ 539,000
Est. payment | /mo
Save

2,918 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,918 sqft

Price per Sqft $184

MLS Listing ID PAPH2682252

Style Traditional

Abv Grd Liv Area 2,918

Year Built 1900

Available Date 2026-10-22

Annual Tax Amount $5,039

Tax Year 2025

Lot Size 1,569 Sqft

Acres 0.04

Lot Dimensions 19.00 x 83.00

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

GREAT INVESTMENT OPPORTUNITY IN MANAYUNK! Located just blocks away from the vibrant retail and dining scene on Main Street and Ridge Avenue, this prime corner building offers a fantastic investment opportunity in one of Philadelphia's most sought-after neighborhoods. With a total of 2,918 square feet, this mixed-use property combines residential and retail space, making it an ideal choice for investors looking to capitalize on both long-term rental income and the potential for a thriving retail business. The first-floor retail space, previously a successful restaurant tavern, comes with a commercial kitchen space and hood system, walk-in cooler, bar layout and seating for 40-80 patrons. The CMX1 zoning permits additional uses including a deli/grocery store, daycare facility, boutique, financial services, pet store, or medical practice. Above the retail space, there are two newly renovated 1-bedroom apartments on the 2nd and 3rd floors, each featuring modern updates including new flooring, stainless steel appliances, and stylish new bathrooms. These apartments are currently rented and the photos show their condition prior to tenants moving in. Located in a high-demand, thriving neighborhood, this mixed-use property is an excellent investment with great potential for both rental income and business ventures.

Location

State PA

County Philadelphia

Area 19128 (19128)

Zoning CMX1

Rooms

Basement Connecting Stairway, Full, Poured Concrete, Unfinished

Interior

Interior Features Bar, Breakfast Area, Ceiling Fan(s), Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Traditional, Kitchen - Eat-In

Hot Water Natural Gas

Heating Hot Water

Cooling Central A/C

Flooring Ceramic Tile, Luxury Vinyl Tile

Inclusions Stainless steel appliances available in the apartment units - please confirm with listing agents.

Equipment Stainless Steel Appliances, Washer/Dryer Stacked

Appliance Stainless Steel Appliances, Washer/Dryer Stacked

Heat Source Natural Gas

Laundry Washer In Unit, Dryer In Unit

Exterior

Water Access N

Roof Type Flat

Accessibility None

Garage N

Private Pool No

Building

Foundation Concrete Perimeter

Above Ground Finished SqFt 2918

Sewer Public Septic

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

Structure Type Dry Wall,Plaster Walls

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 882935540

Ownership Fee Simple

SqFt Source 2918

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

CG REALTY LLC

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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3847 TERRACE ST