2347 E Somerset St, Philadelphia, PA 19134
Local realty services provided by:ERA Valley Realty
Listed by: stacy l sanseverino
Office: kw empower
MLS#:PAPH2562872
Source:BRIGHTMLS
Price summary
- Price:$550,000
- Price per sq. ft.:$366.67
About this home
Surrounded by new construction, this 2-building property is 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 rented for $1,540/mo. This is an excellent pure investment play and an opportunity to own the adjacent properties. Owning the adjoining property simplifies commercial management, and the location offers easy access to I-95, local retailers, and major shopping centers. Can be purchased as a package with 2343 & 2345 E Somerset St. New sewer line to the street, new fire alarm system, and new security alarm system.
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Home facts
- Year built:1925
- Listing ID #:PAPH2562872
- Added:53 day(s) ago
- Updated:June 27, 2026 at 04:36 PM
Rooms and interior
- Bedrooms:2
- Flooring:Ceramic Tile, Luxury Vinyl Plank
- Living area:1,500 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas, Radiator
Structure and exterior
- Year built:1925
- Building area:1,500 sq. ft.
- Lot area:0.05 Acres
- Architectural Style:Traditional
- Construction Materials:Masonry
- Foundation Description:Stone
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:$550,000
- Price per sq. ft.:$366.67
- Tax amount:$4,901 (2025)
Parking
- Parking description:On Street
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