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$900,000

  • For Sale
  • Active
  • Commercial Service
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Surrounded by new construction, this rare 3-unit, 2-building package includes a fully rented single-family home at 2345 E Somerset (4 beds/1.5 bath, leased at $1,850/month through 4/30/2026) and a prominent corner mixed-use duplex at 2347 E Somerset, anchored by a long-term wing shop tenant paying $3,500/month NNN with 6+ years remaining. The commercial tenant also uses the basement for office space, a half bath, and yard access for trash storage. The second-floor apartment is a freshly renovated 2-bedroom with a private deck, washer/dryer, dishwasher, central air, and all-new finishes; it is currently vacant with a projected rent of $1,300. This is an excellent pure investment play or an opportunity to live in either the apartment or the single-family home once available. Owning the adjoining property simplifies commercial management, and the location offers easy access to I-95, local retailers, and major shopping centers.

Full Property Details for 2345-47 E Somerset St

General

  • Price: $900,000
  • Taxes: $4,901 (2025)
  • Status: Active
  • Type: Commercial Service
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2562866
  • Updated: 1/15/2026
  • Added to Site: 90 day(s) ago

Business

  • Business Type: Other/General Retail, Restaurant/Bar

Interior

  • Flooring: Ceramic Tile, Luxury Vinyl Plank

Parking

  • Parking Type: On Street

Location

  • Area: 19134 (19134)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Subdivision: PORT RICHMOND
  • Cross Streets: Aramingo
  • Driving Directions: At the corner of Aramingo and Somerset

School Information

  • Elementary School: Richmond
  • Middle School: Memphis Street Academy Charter School At J.P. Jones
  • High School: Kensington

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C, Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Forced Air, Radiator
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Masonry
  • Foundation: Stone
  • Building Size: 3192
  • Year Built: 1925
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 2, Unit 3

Lot Features

  • Lot Size (Acres): 0.08
  • Lot Size (Sq. Ft.): 3,643
  • Lot Size Source: Estimated
  • Lot Dimensions: 41.00 x 73.00
  • Zoning: CMX1

Financial Considerations

  • Price Per Sq. Ft.: $281.95
  • Assessment Year: 2025
  • School Tax: $1,289
  • City/TownTax: $1,013
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $164,500
  • Tax Amount: $4,901
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Inclusions: 2 Refrigerators, 2 washers, 2 dryers

Listed by KW Empower, Stacy L Sanseverino

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Listing agent

— 2345-47 E Somerset St —

  • Stacy L Sanseverino

    KW Empower

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 2345-47 E Somerset St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/02/2025
Listed
$900,000
620%
MLS
9/01/2022
Sold
$125,000
—
Public Record
Get Price Alerts and Save Property
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 for 2345-47 E Somerset St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,598
—
$185,600
—
2024
$2,598
3%
$185,600
3%
2023
$2,529
64%
$180,700
100%
2021
$1,541
—
-100%
2023
$1,541
—
$110,100
-10%
2020
$1,541
—
$122,700
1%
2019
$1,541
—
$121,500
-5%
2018
$1,541
—
$128,000
-20%
2017
$1,541
—
$160,800
—
2016
$1,541
-28%
$160,800
—
2015
$2,155
—
$160,800
—
2014
$2,155
88%
$160,800
1269%
2013
$1,148
—
$11,744
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by KW Empower, Stacy L Sanseverino

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2345-47 E Somerset Street, Philadelphia, PA 19134 (MLS# PAPH2562866) is a Commercial Service property. 2345-47 E Somerset Street is currently listed for $900,000 and was received on December 02, 2025. Want to learn more about 2345-47 E Somerset Street? Do you have questions about finding other Commercial Service real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

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