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Rarely offered, fully renovated 4-unit mixed-use property with long-term residential and commercial tenants. This property boasts modern amenities with high-quality finishes throughout! This fully sprinklered building features three upscale 1-bedroom, 1-bath apartments and a long-term medical tenant on the ground floor, ensuring steady rental income. Key Investment Highlights: œ” Strong 8.1% Cap Rate & High-yield, income-producing asset œ” Tax Abatement & 1 Year Remaining œ” 100% Occupancy with Cash Flow & Long-term residential & commercial tenants œ” Turnkey Condition & Low-maintenance, modern construction œ” High-Demand Location & Steps from Aramingo Ave, I-95, transit, and retail hubs œ” Quality Upgrades & Tankless water heaters, sliding glass shower doors, central air, LED lighting, granite countertops, tile flooring, stainless steel appliances œ” Fire & Safety Compliance & Fire alarm monitoring & annual system maintenance œ” Transferrable Roof Warranty & Added long-term value This prime investment property offers a rare opportunity to acquire a stabilized, low-maintenance asset in a rapidly growing area. Perfect for 1031 exchange and portfolio investors! Location Perks: Close to public transportation, restaurants, retailers, hospitals, schools, parks, fitness centers, I-95, and just minutes from downtown. Don't miss this highly desirable, fully occupied asset The property generates an annual rent of $84,000 and is separately metered for electricity. This property offers a lot, including streamlined rental payments, secure waste management, and maintenance services. Don't miss out on this income-generating gem!

Source: BRIGHT MLS, MLS#: PAPH2637228

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  • Property Type
    Commercial Sale
  • 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 2317 E WESTMORELAND 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
6/23/2026Source: BRIGHT MLS Price Reduction
$830,000 -1.0%
6/15/2026Source: BRIGHT MLS Added to Database
June 15, 2026
12/3/2024Source: BRIGHT MLS Added to Database
August 10, 2021
12/3/2024Source: BRIGHT MLS Added to Database
August 11, 2021
12/3/2024Source: BRIGHT MLS Added to Database
August 11, 2021
12/3/2024Source: BRIGHT MLS Added to Database
April 24, 2024
12/3/2024Source: BRIGHT MLS Status Change
CLOSED
Listing provided courtesy of Red Door Real Estate- MLS# PAPH2637228MLS ProviderContact Information: [email protected] - 8557331341