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sales rep | Brivity IDX

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1234 Rising Sun Ave , Philadelphia, PA 19140
$895,000
Est. Payment: $4,834.94/mo
8656 Sqft
0.11 Acres
Status: active | Days on site: 141
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COMPASS1 - 3127727
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House Description

An 8% cap rate at asking price. That's the headline, and the building delivers it. This 8,656 sq ft mixed-use asset sits at one of North Philadelphia's highest-visibility corners: Broad Street and Old York Road, steps from the expanding Temple University Hospital campus. The building generates over $10,000 per month in gross income across a ground-floor commercial tenant and multiple residential units, producing an annual income stream in excess of $120,000 against a list price of $895,000. Built in 1942 and zoned CMX-2, the property features separate entrances for the residential units, efficient floor layouts and all units occupied. Two units are long standing and below market rents. The ground-floor commercial space is anchored by a daycare center with deep community ties, offering the kind of operational stability that institutional owners pay premiums for. The location punches above its basis. Rising Sun Avenue is a primary commercial corridor with consistent foot traffic, bus service, and direct access to Broad Street and Roosevelt Boulevard. The Temple Hospital campus continues its northward expansion, and the surrounding neighborhood is on the radar of both regional developers and QOZ investors. This census tract carries a federal Qualified Opportunity Zone designation, active through December 2028, with OZ 2.0 redesignation proceedings currently underway in Pennsylvania. At $109/sq ft and a verified 8% cap, this is a straightforward income play with a defensible basis and multiple value levers still available.

Highlights

Listed by Nigel T Richards , 2676033611 Compass Pennsylvania, LLC , 2674358015. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.11

Year Built

1942

County

Philadelphia

Area

19140 (19140)

School District

Philadelphia City

Listing ID

PAPH2634148

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Interior Features

Water:Public

Exterior Features

Lot:Corner,Not New Construction,Horse Property: No
Lot Dimensions:64.00 x 72.00
Garage Capacity:1
Zoning:CMX-2
Sewer:Public Sewer
Parking Features:On Street,Off Site,1+ Spaces
Principal Interest
$4,835
Taxes
$501

Home Price

$895,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$179,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,834.94

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,834.94 $501.13 $0.00 $5,336.07
Yearly $58,019.34 $6,013.53 $0.00 $64,032.87
Total $1,740,580.17 $180,405.90 $0.00 $1,920,986.07
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T23:12:42.000Z

© 2026 Bright MLS