About 2345-47 E Somerset St
Surrounded by new construction, this rare 3-unit, 2-building package includes a fully rented single-family home at 2345 E Somerset (4 beds/1.5 bath, leased at $1,850/month through 4/30/2026) and 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 vacant with a projected rent of $1,300. This is an excellent pure investment play or an opportunity to live in either the apartment or the single-family home once available. Owning the adjoining property simplifies commercial management, and the location offers easy access to I-95, local retailers, and major shopping centers.
Features of 2345-47 E Somerset St
| MLS® # | PAPH2562866 |
|---|---|
| Price | $900,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,192 |
| Acres | 0.08 |
| Year Built | 1925 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 2345-47 E Somerset St |
|---|---|
| Area | 19134 |
| Subdivision | PORT RICHMOND |
| City | PHILADELPHIA |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19134 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Forced Air, Radiator |
|---|---|
| Cooling | Central A/C, Window Unit(s) |
Exterior
| Exterior | Masonry |
|---|---|
| Construction | Masonry |
| Foundation | Stone |
Additional Information
| Date Listed | December 2nd, 2025 |
|---|---|
| Days on Market | 63 |
| Zoning | CMX1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
