For Sale Property MLS# PAPH2669256

6522 LEBANON AVE

PHILADELPHIA, PA 19151

$1,148,000

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About 6522 LEBANON AVE

FULLY OCCUPIED MIXED-USE 8 UNIT PROPERTY| 9.29% CAP RATE | $11,282/MO INCOME | ***** A rare chance to acquire a mixed-use 8-Unit portfolio with immediate income delivering Powerful 9.29% Cap Rate with room to increase | 3 adjacent buildings on same Deed ****Prime CMX-2 Mixed-Use Investment Opportunity in Overbrook Farms section of Philadelphia. **Invest in immediate cash flow with this stabilized, fully leased 8-unit portfolio asset offering 6 apartments, 1 medical/rehabilitation center and 1 daycare facility. **Anchored by established commercial and residential tenancy, this commanding stone corner property delivers a powerful 9.29% Capitalization Rate from Day 1. **Fully rented with a proven track record of high occupancy. Meticulously maintained stone masonry structure. **CMX-2 zoning offers maximum flexibility for retail, medical office, and residential density. Situated in the heart of Overbrook Farms, a high-density neighborhood with strong demand for local services and housing and easy access to some of the region’s best outdoor areas such as Fairmount Park. Just a short drive to City Line Avenue, St. Joseph's University and Lankenau Medical Center. This is a rare opportunity to acquire a high-performing asset in a high-barrier-to-entry market. Perfect for 1031 Exchange buyers seeking passive income.

Property details

Property

Type
Mixed use
MLS type
Other
Status
Active
Year built
1925
Lot
0.12
Original price
$1,148,000
MLS #
PAPH2669256

Interior

Features
Central A/C, Window Unit(s), Ceiling Fan(s), true, Other, Hot Water, Natural Gas, Ceramic tile, Hardwood, Laminated, Tile brick, Other
Flooring
Ceramic tile, Hardwood, Laminated, Tile brick
Heating
true, Other, Hot Water
Cooling
Central A/C, Window Unit(s), Ceiling Fan(s)

Exterior & lot

Construction
Masonry, Other
Lot
CMX2, 344048405

Schools

District
Philadelphia City School District

Utilities

Utilities
Public Sewer, Public, Electric available, Natural gas available, Sewer available, Water available, 200 amp service
Water
Public
Sewer
Public Sewer

Financial

Financial
BRIGHT_MAIN, Tenant's personal property
Annual tax
$8,432
Tax year
2025
Parcel
344048405

Location

Area
19151 (19151)
County
PHILADELPHIA-PA
Neighborhood
Overbrook
Community
PHILADELPHIA-PA, BRIGHT_MAIN, THE SCHOOL DISTRICT OF PHILADELPHIA
Directions
North on City Ave, right on N 66th St, left on Lebanon Ave

Location

Neighborhood
Overbrook
School district
Philadelphia City School District

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Listed by Alexander Molinski, Elite Realty Group Unl. Inc.

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.