2 bedroom house for sale

Overview

Welcome to 5339 Woodland Ave, a versatile mixed-use property located in the popular Cobbs Creek section of Philadelphia. This well-maintained building offers a unique opportunity for both residential and commercial use, making it an ideal investment or owner-occupier opportunity. The property has been owned by the same family for over 50 years and used a family office. The property is being sold together with the lot next door 5337 Woodland Ave, which is also zoned CMX2.5 commercial mixed-use. The lot offers a wide range of potential from additional parking to building an apartment/mixed use building. Prime location in Cobbs Creek with high visibility and easy access to public transportation and major highways. Great foot and vehicle traffic making it the perfect location for any business looking to thrive or investor looking to add to their portfolio. The building can be converted into a quad offering up to 4+ apartments or left as-is and still produce good rental income. Market rents for store fronts are $1800-$2000 per month and $1000-$1050 for 1 bedrooms and $1150-$1400 for 2 bedroom apartments. The next owner could rent out the lot to someone for parking or storing equipment for additional income. The possibilities and potential are endless with this property. Don't miss out on this great opportunity and schedule your showing today. Owner is open to selling the building separate from the lot.