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sales rep | Brivity IDX

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1537 E Luzerne , Philadelphia, PA 19124
$229,900
Est. Payment: $1,241.96/mo
3 Bed
2 Bath
1500 Sqft
0.03 Acres
Status: active | Days on site: 79
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House Description

Great investment opportunity at 1537 E. Luzerne Street featuring a ground-level space currently operating as a barbershop with two apartment units above. The renovated ground level features a spacious open layout, ceramic wood-look tile flooring, recessed lighting, and a half bathroom. The space is currently rented for $920 per month. The second floor features a two-bedroom apartment currently rented for $800 per month. The unit includes two bedrooms, a living room, a long hallway leading to a small dining area, kitchen, and full bathroom with tub. The third-floor apartment is currently rented for $750 per month and offers one bedroom, a living room, eat-in kitchen, three-piece bathroom, and an additional small room off the kitchen that provides flexible space for storage, an office, or other use. All three tenants are currently on month-to-month leases, providing flexibility for the new owner. The barbershop and residential units feature electric baseboard heat, with tenants responsible for their own electric and the owner currently paying water. Buyer is responsible for independently verifying zoning and permitted use with the City of Philadelphia.

Highlights

Listed by Grace M Velez , 2672594465 Mendez Homes and Investments , 2152912891. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.03

Year Built

9999

County

Philadelphia

Area

19124 (19124)

Neighborhood

Juniata

School District

Philadelphia City

Listing ID

PAPH2659554

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Above Ground Sq Ft:1500
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Zoning:RSA5
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$1,242
Taxes
$203

Home Price

$229,900

Loan Details

30 yrs
7.148%

Down Payment

20%
$45,980
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:
$1,241.96

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,241.96 $202.92 $0.00 $1,444.88
Yearly $14,903.52 $2,435.00 $0.00 $17,338.52
Total $447,105.45 $73,050.00 $0.00 $520,155.45
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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: 2026-11-13T17:14:43.000Z

© 2026 Bright MLS