1618 E PASSYUNK AVE, Philadelphia, PA, 19148

Rare investment opportunity in the heart of East Passyunk Avenue. This location cannot be beat! Own a property in the very center of this neighborhood’s countless shops and restaurants. Just three blocks to the Broad Street Line and walkable to every convenience imaginable, highlighting the ideal city lifestyle. 1618 E Passyunk Ave is a mixed-use property that includes a street-level store front with picture window and a large 3-bedroom residence with finished basement access. Creative developers will love the extra-long lot (16 x 90)! The bi-level residential unit has been owner occupied for over 40 years and is ready for a new vision. More recent upgrades include hardwood floors throughout and central air, but there is still plenty of room for custom improvements. The first floor is open concept with a bonus storage room behind the kitchen. Large yard with storage shed and a beautiful mature plum tree! The basement has a separate entrance from the sidewalk and includes a small kitchenette and bathroom facilities. The basement can act as a 4th bedroom OR a potential 3rd unit with further renovation and zoning approval. The commercial unit was most recently used as a doctor's office and previously, a grocery store. There is a party wall dividing the space that can be easily removed to create an open area with half bathroom included. This space has an independent electric meter and newer mini-split system for heating and cooling. The commercial tenant has recently vacated to allow for a total reimagining by the new owner. This is a blank slate on one of the best blocks of South Philadelphia. Don’t miss your chance to capitalize on this great opportunity. Schedule your appointment today! **Check out the video walk through tour included in this listing.**