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$275,000
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Property Description
Turnkey Investment with Immediate Cash Flow! Positioned along a high-visibility corridor in Philadelphia, 1201 E Lycoming St presents a compelling income-producing opportunity with a strong unit mix and immediate revenue in place. This four-unit property includes three residential units and one street level store-front unit, creating multiple income streams within a single asset. The residential component consists of one 1-bedroom unit, one studio-style 1-bedroom unit, and one 2-bedroom unit. The street-level unit benefits from strong visibility and direct access, offering flexibility for a variety of permitted uses subject to buyer verification. The property generates in-place income with the street-level storefront and studio leased together for $1,135 per month, while the 2-bedroom residential unit is leased at $725 per month. The 1-bedroom residential unit is currently vacant, with a projected market rent of approximately $725 per month. For investors seeking an income-producing asset with existing cash flow and room for future value enhancement, this property represents a strong addition to a Philadelphia investment portfolio! Seller is a Pennsylvania, licensed real estate broker.
Full Property Details
Full Property Details for 1201 E Lycoming St
General
- Sold For: $275,000
- Taxes: $1,507 (2025)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2601786
- Added to Site: 105 day(s) ago
Parking
- Parking Type: On Street
Location
- Area: 19124 (19124)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: JUNIATA
- Cross Streets: K Street
- Driving Directions: To reach the property from the nearest major highway, travel South on Roosevelt Boulevard (US-1). Take the exit toward Whitaker Avenue and turn Left onto Whitaker Ave. Proceed south for approximately 0.6 miles until you reach Lycoming Street. Turn Right onto E Lycoming St and continue for four blocks, passing the intersection at L Street. The destination, 1201 E Lycoming St, will be on your Right-hand side at the corner of K Street.
School Information
- School District: Philadelphia City
Heating & Cooling
- Cooling Type: Ceiling Fan(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: End of Row/Townhouse
- Construction: Masonry, Brick
- Basement: Yes
- Basement Desc.: Other
- Foundation: Concrete Perimeter
- Square Feet: 2,160
- Sq. Ft. Source: Estimated
- Living Area: 2,160 Sq. Ft.
- Finished Above Grnd: 2,160 Sq. Ft.
- Year Built: 1925
- Year Built Source: Estimated
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 3
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,480
- Lot Size Source: Estimated
- Lot Dimensions: 20.00 x 74.00
- Zoning: RSA5
Financial Considerations
- Price Per Sq. Ft.: $131.94
- Assessment Year: 2026
- School Tax: $844
- City/TownTax: $663
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $107,700
- Tax Amount: $1,507
- Tax Year: 2025
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 111
Listed by OCF Realty LLC - Philadelphia, Darwin Laureano
Sold by Re/Max 2000, Brian Miguel Cesar
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Schools
Schools serving 1201 E Lycoming St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Hopkinson Francis School 4001 L Street, Philadelphia, PA 19124 | K-8 | 0.1 mi |
Frankford High School 5000 Oxford Avenue, Philadelphia, PA 19124 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1201 E Lycoming St
Date
Details
Price
Change
Source
6/05/2026
Sold
$275,000
-3.51%
MLS
4/23/2026
Price Reduced
$285,000
-1.69%
MLS
4/14/2026
Price Reduced
$289,900
-3.33%
MLS
3/31/2026
Listed
$299,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1201 E Lycoming Street, Philadelphia, PA 19124 (MLS# PAPH2601786) is a Townhouse property that was sold at $275,000 on June 05, 2026. Want to learn more about 1201 E Lycoming Street? Do you have questions about finding other Townhouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

