128 N 3rd Street, Philadelphia, PA 19106 - Photo 1

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$1,425,000

Sold
Closed
Commercial

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Property Description

Prime Mixed-Use Property in the Heart of Old City! Welcome to 128 N 3rd St, a stunning 6,800 sq. ft. brick building in the heart of Old City, Philadelphia! This incredible mixed-use property features five beautifully designed residential units-(2) spacious 2-bedroom, 1-bath apartments and (3) charming 1-bedroom, 1-bath apartments-plus a stylish bi-level hair salon/spa on the first floor. Inside, each unit boasts a large modern kitchen, open living spaces, tall ceilings, and oversized rooms filled with natural light. Hardwood floors run throughout, and two of the apartments offer private outdoor decks-perfect for entertaining or relaxing. Closet space is abundant, making city living even more convenient. Located on one of Old City's best blocks, this property is just steps from top restaurants, shopping, and schools, with easy access to major highways. Whether you're looking to invest or live in a thriving historic neighborhood, 128 N 3rd St is a rare find with endless potential. Don't miss out on this fantastic opportunity!

Full Property Details

Full Property Details for 128 N 3rd St

General

Sold For: $1,425,000
Taxes: $19,328 (2024)
Status: Closed
Type: Commercial
Source: BrightMLSPhilly
MLS ID: PAPH2459254
Added to Site: 445 day(s) ago

Business

Business Type: Hair Salon and Spa

Interior

Flooring: Hardwood, Carpet

Parking

Parking Type: On Street

Location

Area: 19106 (19106)
Municipality: PHILADELPHIA
County: Philadelphia
Development Name: Old City
Subdivision: Old City
Driving Directions: Take Arch North from Front St and turn right on 3rd St.

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Natural Gas
Heating Type: Forced Air
Heating Fuel: Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Masonry
Roof: Asphalt
Stories/Levels: 0
Year Built: 1920
Year Built Source: Assessor
Property Condition: Good

Unit Information

# Tenants: Single

Lot Features

Lot Size (Acres): 0.06
Lot Size (Sq. Ft.): 2,485
Lot Size Source: Assessor
Lot Dimensions: 20.00 x 116.00
Zoning: CMX3

Financial Considerations

Price Per Sq. Ft.: $220.59
Assessment Year: 2025
School Tax: $10,824
City/TownTax: $8,504
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $1,380,800
Tax Amount: $19,328
Tax Year: 2024
Owner Pays: Common Area Maintenance, Accounting/Legal, Advertising/Licenses and Permits, Insurance, Payroll, Repairs, Taxes - Real Estate
Landlord Pays: Common Area Maintenance, Accounting/Legal, Advertising/Licenses and Permits, Insurance, Payroll, Repairs, Taxes - Real Estate

Disclosures and Reports

Ownership: Fee Simple
Inclusions: (5) washers, dryers, refrigerators
Lot Number: 196

Listed and Sold by Keller Williams Main Line, Jason Wallner

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Listing agent

— 128 N 3rd St —

Jason Wallner

Keller Williams Main Line

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Schools

Schools serving 128 N 3rd St

School District:Philadelphia City School District

Name	Grades	Distance
McCall Gen George A School 325 South 7th Street, Philadelphia, PA 19106	K-8	0.7 mi
Franklin Benjamin High School 550 North Broad Street, Philadelphia, PA 19130	12-11	1.2 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 128 N 3rd St

Date

Details

Price

Change

Source

4/23/2025

Sold

$1,425,000

-5%

MLS

3/19/2025

Listed

$1,500,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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128 N 3rd Street, Philadelphia, PA 19106 (MLS# PAPH2459254) is a Commercial property that was sold at $1,425,000 on April 23, 2025. Want to learn more about 128 N 3rd Street? Do you have questions about finding other Commercial real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

128 N 3rd St Philadelphia, PA 19106