Dedicated parking spaceVacant single-story storefrontTwo one-bedroom apartmentsWell-maintained two-story building
This is a fantastic investment opportunity at 230 Holmes Ave. The property features two buildings: a vacant single-story storefront (25' wide by 55' deep) in the front, perfect for leasing or starting your own business, and a well-maintained two-story building in the rear with two one-bedroom apartments. The first-floor apartment rents for $1100/month, while the second-floor apartment rents for $1,050/month, providing stable income from long-term tenants. Each apartment includes a dedicated parking space at the back of the first building. The property shares an additional 8-space parking lot with the neighboring 234 Holmes Ave on a first-come, first-serve basis. The deeds for both properties allow 234 Holmes Ave (Neighboring property) to use the driveway on 230 Holmes Ave to access the parking lot, while 230 Holmes Ave has the right to share the parking lot on 234 Holmes Ave. Zoned Residential, It requires a variance application to the township for leasing the storefront to a business. The property is located just 11 minutes from Philadelphia Airport and 25 minutes from Center City, it’s conveniently situated near shopping, restaurants, and public transportation.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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