942-944 S 58TH ST new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19143
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,728 sqft
Price per Sqft $95
Subdivision Cobbs Creek
MLS Listing ID PAPH2488442
Year Built 1920
Annual Tax Amount $3,891
Tax Year 2025
Lot Size 3,038 Sqft
Acres 0.07
Lot Dimensions 40.00 x 75.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Unique Mixed-Use Duplex with Commercial Laundromat in Prime Location! Fantastic opportunity to live and work in the same building or generate income by renting one or both units. This property features a fully functional laundromat on the 1st floor and a spacious 4 bed/3 bath apartment on the second floor. 2nd floor: The residential unit was renovated 5 years ago with new electrical (dedicated panel in unit) and central air conditioning, which also services the laundromat office. It features an open and airy layout, complemented by light wood flooring and a bright, welcoming atmosphere. The chef's kitchen features a vented range and chef-grade appliances, all of which are included in the sale. The primary bedroom boasts an open-concept layout, a private en-suite bath, and a custom walk-in closet. The 2 front bedrooms each have private balconies and share a full bathroom. Another bedroom and a full bathroom complete this 2,187 sf apartment. 1st floor: The laundromat has approx. 35 washers & 38 dryers (half of which are non-functional) and a half bath. Equipment sold as-is — great value-add potential for upgrades or conversion to another commercial use. Additional profit centers include selling snacks & drinks, and a leased ATM that generates $0.75 per transaction. The 1st floor features access to a large patio, ideal for guests or potential business expansion. The large basement has floor drains and ample storage, accessible via a hatch in the laundromat office. Utilities: Three electric meters: one for the apartment, one for the first floor, and a separate meter for laundry operations (the latter two are billed together). The 1st floor pays for hot and cold water for the entire building. The heat is separately metered. Location Highlights: situated just off a busy intersection (58th & Baltimore Ave) — excellent foot traffic and visibility. Steps from the trolley line, providing easy access to University City & Center City. Short distance to Cobbs Creek Park, Malcolm X Park, and other green spaces. Near major institutions, including the University of Pennsylvania, Drexel University, and CHOP. Come set up shop at 58th & Baltimore and make your mark in this vibrant and evolving neighborhood.
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning CMX1
Interior
Hot Water 60+ Gallon Tank,Natural Gas
Heating Hot Water,Forced Air
Cooling Central A/C
Flooring Wood,Ceramic Tile
Inclusions Refrigerator in residential unit; approximately 35 washing machines & approximately 38 dryers in laundromat (half of each are not working)
Heat Source Natural Gas
Exterior
Water Access N
Accessibility 32\"+ wide Doors,Entry Slope <1',Level Entry - Main
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Anderson Add B
Middle Schools Add B. Anderson
High Schools Sayre
School District The School District Of Philadelphia
Others
Tax ID 871507040
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard