2345 E Somerset St, Philadelphia, PA 19134
Local realty services provided by:ERA Reed Realty, Inc.
2345 E Somerset St,Philadelphia, PA 19134
$900,000
- 3 Beds
- - Baths
- 3,192 sq. ft.
- Multi-family
- Active
Listed by: stacy l sanseverino
Office: kw empower
MLS#:PAPH2562872
Source:BRIGHTMLS
Price summary
- Price:$900,000
- Price per sq. ft.:$281.95
About this home
This rare 3-unit, 2-building package includes a fully rented single-family home at 2345 E Somerset (4 beds/1.5 bath, leased at $1,850/month through 4/30/2026) and a prominent corner mixed-use duplex at 2347 E Somerset, anchored by a long-term wing shop tenant paying $3,500/month NNN with 6+ years remaining. The commercial tenant also uses the basement for office space, a half bath, and yard access for trash storage. The second-floor apartment is a freshly renovated 2-bedroom with a private deck, washer/dryer, dishwasher, central air, and all-new finishes; it is currently vacant with a projected rent of $1,300. This is an excellent pure investment play or an opportunity to live in either the apartment or the single-family home once available. Owning the adjoining property simplifies commercial management, and the location offers easy access to I-95, local retailers, and major shopping centers. Photos of the single-family home are coming soon.
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Home facts
- Year built:1925
- Listing ID #:PAPH2562872
- Added:1 day(s) ago
- Updated:December 04, 2025 at 08:33 PM
Rooms and interior
- Bedrooms:3
- Living area:3,192 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas, Radiator
Structure and exterior
- Year built:1925
- Building area:3,192 sq. ft.
- Lot area:0.08 Acres
Schools
- High school:KENSINGTON
- Middle school:MEMPHIS STREET ACADEMY CHARTER SCHOOL AT J.P. JONES
- Elementary school:RICHMOND
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$900,000
- Price per sq. ft.:$281.95
- Tax amount:$4,901 (2025)
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