700 N 42ND ST, Philadelphia, PA 19104
700 N 42ND ST, Philadelphia, PA 19104
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Listed by Jamier Hughes • Elite Level Realty
$725,000
Est. payment /mo
1,280 Sqft Lot
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID PAPH2624610

Year Built 1925

Available Date 2026-06-10

Annual Tax Amount $9,125

Tax Year 2025

Lot Size 1,280 Sqft

Acres 0.03

Lot Dimensions 16.00 x 80.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Live, work, and earn at one address. 700 N 42nd Street is a fully renovated, fully permitted mixed-use building offering two private residential apartments plus a ground-floor commercial space ready for business use. Each apartment features 2 bedrooms and 2 full bathrooms, creating strong rental appeal and a rare house-hack opportunity. The apartments are bright, efficient, and move in ready. The commercial space sits behind a street facing storefront on a high visibility corridor.

The ground-floor commercial space is approximately 760 sq ft with its own bathroom and storefront presence, making it ideal for an owner-user, small business, office, studio, salon, personal service use, or investor seeking multiple income streams. Live in one unit, operate your business downstairs, and rent the other apartment, or lease all three spaces as a turnkey income-producing asset.

This is not a cosmetic renovation. All major capital improvements have already been completed, including full permits, city approvals, architect-drawn plans, updated all-electric systems, separate electric metering, ductless mini-split heating and cooling, and a full-building $40,000+ sprinkler system providing added life-safety protection and code compliance.

Delivered vacant or we can help find your first tenant. Located minutes from Drexel, Penn, University City, and major employment and medical centers, this is a rare opportunity to own a flexible live/work/income property in a growing West Philadelphia corridor.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RSA5

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Community Septic Tank

Water Community

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 061258100

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard


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Bright MLS (BMLS)

Nearby Locations

Steven Pagan

Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and  homebuyers in finding their perfect piece of paradise in New Jersey. 

+1(609) 631-5668

steven.pagan@thepagangroup.com

90 Tanner St, Haddonfield, NJ, 08033-2419, USA

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700 N 42ND ST