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Welcome to the heart of Mayfair! Situated in the midst of one of the city's most walkable and vibrant neighborhoods, this mixed-use opportunity offers the potential for three (3) distinct income streams. Owner-occupied for many years as a barber shop, the property has an efficient layout for two (2) apartments in addition to the storefront. The first floor is demised into the front shop with interior doorway to an oversized bi-level one-bedroom apartment at the rear with an entrance off the driveway. There is also a common entrance off Frankford Avenue leading to a shared second floor hallway. The front of the second floor contains an efficiency unit with private bathroom, kitchen and front living space. Interior finishes are older and need upgrades with some fixtures in need of replacement as the apartments have been vacant for some time. The roof is about four (4) years old and the electric service has been upgraded. A hard-wired fire alarm system serves the property as well as a security alarm system. The oil-fired hot water heating system is about six (6) years old and a wall-mounted electric air conditioning/heat pump system serves the shop as well as a supplemental gas-fired wall heater. The basement is accessed from the shop and is unfinished but has good potential with ample ceiling height and a toilet enclosure which is not in active use. Barber chairs and equipment are excluded from the sale. This mixed-use investment property has SEPTA's Route 66 trackless trolley at its front door and is situated in close proximity to popular local spots such as Grey Lodge Pub, Tony's Place and Chickie's and Pete's. Wawa is located directly across Frankford Avenue. Call the agent today to set up a showing!
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Listing information last updated on September 16th, 2019 at 12:45am EDT.