$650,000

2721 E SOMERSET STREET, PHILADELPHIA PA, 19134

Built in1915

Property typeCommercial

Overview

Hold

Temp Off Market-bright

Listed Oct 15, 2026

Updated 1h ago

Excellent Mixed-Use Investment Opportunity! Operated as luncheonette since 1953. Owners would consider training new operator inquire for details. Welcome to 2721 E Somerset Street, a mixed-use property offering both commercial and residential income potential in Philadelphia. The property features a ground-floor commercial with two residential apartments above, each offering 1 bedroom and 1 full bathroom. Both residential units are currently occupied, providing an established rental income stream for the next owner. The commercial space offers additional income potential and flexibility for a variety of business uses. Conveniently situated near major roadways, public transportation, shopping, dining, and neighborhood amenities, this property offers accessibility for both residential tenants and commercial occupants. Whether you're an experienced investor looking to expand your portfolio or seeking a property with multiple income streams, 2721 E Somerset Street presents an excellent opportunity. Schedule your showing today!

Other Property Details

Taxes: $4,003
Tax Frequency: Annually

Listed by RE/MAX Access
Listing Contact: 2154002617

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/15/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 10/15/2026 at 4:50 AM UTC

TTR Sotheby's International Realty