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Surrounded by new construction, this 2-building property is 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 rented for $1,540/mo. This is an excellent pure investment play and an opportunity to own the adjacent properties. Owning the adjoining property simplifies commercial management, and the location offers easy access to I-95, local retailers, and major shopping centers. Can be purchased as a package with 2343 & 2345 E Somerset St. New sewer line to the street, new fire alarm system, and new security alarm system.

Source: BRIGHT MLS, MLS#: PAPH2562872

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  • Property Type
    Residential Income
  • Lot
    0.05 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2347 E SOMERSET STREET


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/15/2026Source: BRIGHT MLS Status Change
ACTIVE
6/15/2026Source: BRIGHT MLS Status Change
ACTIVE
6/7/2026Source: BRIGHT MLS Status Change
TEMP OFF MARKET
6/7/2026Source: BRIGHT MLS Status Change
TEMP OFF MARKET
6/1/2026Source: BRIGHT MLS Status Change
ACTIVE
6/1/2026Source: BRIGHT MLS Status Change
TEMP OFF MARKET
5/23/2026Source: BRIGHT MLS Price Reduction
$550,000 -8.3%
5/23/2026Source: BRIGHT MLS Price Reduction
$550,000 -8.3%
5/5/2026Source: BRIGHT MLS Price Increase
$600,000 140.0%
5/4/2026Source: BRIGHT MLS Price Reduction
$600,000 -33.3%
5/4/2026Source: BRIGHT MLS Price Reduction
$250,000 -72.2%
3/27/2026Source: BRIGHT MLS Price Reduction
$899,999 -0.0%
3/20/2026Source: BRIGHT MLS Price Reduction
$899,999 -0.0%
1/15/2026Source: BRIGHT MLS Status Change
ACTIVE
1/15/2026Source: BRIGHT MLS Status Change
ACTIVE
1/5/2026Source: BRIGHT MLS Status Change
TEMP OFF MARKET
1/5/2026Source: BRIGHT MLS Status Change
TEMP OFF MARKET
12/2/2025Source: BRIGHT MLS Added to Database
December 02, 2025
12/2/2025Source: BRIGHT MLS Added to Database
December 02, 2025
Listing provided courtesy of KW Empower- MLS# PAPH2562872MLS ProviderContact Information: [email protected] - 2156273500