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Tracy Marshall

[email protected] +1(443) 306-7673

Listed by Stacy L Sanseverino • KW Empower

$ 450,000

Est. payment -/mo

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942-944 S 58TH ST Philadelphia, PA 19143

4,728 SqFt

UPDATED:

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

Tracy Marshall

License ID: 678268

+1(443) 306-7673

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