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Philadelphia, PA, 19151
2115 N 63rd Street is a mixed-use investment property located in the Overbrook section of Philadelphia. The asset consists of a three-story building containing 11 residential units and two first-floor commercial spaces. The property includes 19 garages and addiotinal surface parking, providing diversified income streams and long-term flexibility. The residential component features a balanced unit mix of two efficiencies, six one-bed units, one two-bed, one-bath unit, and two two-bedroom, two-bath units, with an average in-place rent of $1,109 per unit and total scheduled residential income of approximately $12,195 per month. The commercial portions, occupied by a fitness center and hair salon, further stabilize cash flow and enhance income diversification within the building.
Listed by: Philip Sharrow, Scope Commercial Real Estate Services, Inc.
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