2455 S 3RD ST, Philadelphia, PA 19148

Property Description

​Incredible Opportunity in the Heart of South Philadelphia! Located in the highly desirable Whitman section of the city, this multi-use building is the perfect setup for a savvy investor—or even a sharp first-time buyer looking to have someone else help cover the mortgage. Whether you’re expanding a portfolio or planning to live in one unit and rent the other, this is a can’t-miss opportunity. Lower Level: The first-floor unit is currently occupied by a long-term tenant, Whitman Council, who has a strong rental history and has paid on time consistently. A reliable tenant in place makes this property an immediate income-producer with very little maintenance needed from day one. Upper Level: Completely renovated in 2025 with upgrades that include new HVAC, windows, electrical, and plumbing. This unit is rent-ready and in phenomenal condition. Step inside and you’ll immediately notice the luxury vinyl plank flooring running throughout. To the left, a beautifully renovated full bathroom with a walk-in shower, oversized vanity, and tile flooring. Continue into the laundry room with additional storage and functionality. The heart of the unit is the eat-in kitchen, featuring shaker-style cabinetry, quartz countertops, a breakfast bar peninsula, and sleek finishes throughout. A dining space/living area sits just off the kitchen, with exposed ductwork ceilings adding that perfect industrial-style edge and modern South Philly charm. At the rear of the unit, you’ll find a perfectly sized one-bedroom with dual closets and plenty of natural light. The Setup: Whether you’re an entrepreneur looking for a dual-purpose space, an investor searching for your next rental gem, or a first-time buyer trying to make your money stretch—this place checks the boxes. The first-floor flexibility, paired with the fully updated second floor, creates a dynamic setup for both personal use and cash flow.

Listing Status:

Active

Listing Office:

Long & Foster Real Estate, Inc. : 6108928300

Listing Agent:

Michael Mulholland : 4842228804

MLS ID:

PAPH2555676

Interior

• A/C: Central A/C
• Heating: Forced AirNatural Gas
• Disability Feature: None

Construction

• General: MasonryOther

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: RSA5871176900

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN

This listing courtesy of Michael Mulholland, Long & Foster Real Estate, Inc.