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$257,000
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Property Description
This exceptional commercial property, originally constructed in and early 1900"s renovated in 2022, presents a unique investment opportunity with significant potential for returns. The recent renovations have elevated the property to excellent condition, featuring durable masonry construction and modern luxury vinyl plank flooring, ensuring low maintenance and high tenant appeal. Strategically located within proximity to public transportation options, including a bus stop less than one mile away and commuter lots within five miles, this property is poised to attract a diverse range of tenants. The compact lot size of 0.05 acres allows for efficient management while maximizing rental income potential. Investors will appreciate the comprehensive management structure in place, covering essential services such as real estate taxes, water, trash collection, snow removal, sewer maintenance, repairs, pest control, and insurance. This streamlined approach minimizes operational burdens and enhances profitability. The property's excellent condition and strategic location make it an attractive option for both long-term and short-term rental strategies. With the ongoing demand for commercial spaces in well-connected areas, this property stands as a promising asset for investors seeking to capitalize on the growing market. In summary, this property not only offers a solid foundation for immediate cash flow but also positions itself for appreciation in value, making it a prudent addition to any investment portfolio.
Full Property Details
Full Property Details for 1952 N 24th St
General
- Price: $257,000
- Taxes: $937 (2025)
- Status: Active
- Type: Retail
- Source: BrightMLSPhilly
- MLS ID: PAPH2556308
- Updated: 12/17/2025
- Added to Site: 106 day(s) ago
Business
- Business Type: Other/General Retail
Interior
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Restrooms: 2
Parking
- Parking Features: Public
- Parking Type: On Street
Location
- Area: 19122 (19122)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: Norris to 24th
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available, Natural Gas Available, Sewer Available
Structural Information
- Construction: Masonry
- Foundation: Stone
- Roof: Flat
- Ceiling Height: 10' to 12'
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 1500
- Year Built: 1940
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 8, Unit 7
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Lot Size Source: Estimated
- Fence: Yes
- Zoning: CMX1
Financial Considerations
- Price Per Sq. Ft.: $171.33
- For Lease: Yes
- School Tax: $525
- County Tax Freq: Annually
- Tax w/Assessment: $67,000
- Tax Amount: $937
- Tax Year: 2025
- Owner Pays: Taxes - Real Estate, Water, Trash Collection, Snow Removal, Sewer Maintenance, Sewer, Repairs, Pest Control, Management, Insurance
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: all appliances
- Investment: Yes
- Lot Number: 104
Listed by Penn Liberty Real Estate, Ramon D Caceres Jr.
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Schools
Schools serving 1952 N 24th St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Dick William School 2498 West Diamond street, Philadelphia, PA 19121 | K-8 | 0.1 mi |
Strawberry Mansion High School 3133 Ridge Ave, Philadelphia, PA 19132 | 9-11 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1952 N 24th St
Date
Details
Price
Change
Source
12/13/2025
Price Reduced
$257,000
-10.45%
MLS
11/06/2025
Listed
$287,000
3487.5%
MLS
8/05/2016
Sold
$8,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1952 N 24th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$938
—
$67,000
—
2024
$938
468%
$67,000
100%
2021
$165
-71%
-100%
2023
$568
244%
$40,600
244%
2020
$165
2%
$11,800
3%
2019
$161
-39%
$11,500
-39%
2018
$266
—
$19,000
—
2017
$266
—
$19,000
—
2016
$266
4%
$19,000
—
2015
$255
—
$19,000
—
2014
$255
305%
$19,000
2869%
2013
$63
—
$640
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1952 N 24th St
1952 N 24th Street, Philadelphia, PA 19121 (MLS# PAPH2556308) is a Retail property. 1952 N 24th Street is currently listed for $257,000 and was received on November 06, 2025. Want to learn more about 1952 N 24th Street? Do you have questions about finding other Retail real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

