Welcome to 700 N 42nd Street, a rare, fully renovated and vacant live/work 3 investment opportunity offering two residential units plus a dedicated commercial space, all within one thoughtfully transformed property. The residential portion features two spacious 2-bedroom, 2-bathroom units with modern kitchens, beautifully updated bathrooms, comfortable living spaces and… Read More contemporary finishes throughout. The separate commercial space provides incredible flexibility for an owner-operator, entrepreneur or investor. Imagine the possibilities: live in one residence, rent the second and operate your business from the commercial space. Or lease the spaces separately and create multiple potential income streams from a single property. For the right buyer, this is a compelling opportunity to combine home, business and investment under one roof. This was not a cosmetic renovation. The property underwent a comprehensive professional renovation with permits pulled and all major systems replaced. Improvements include updated electrical, plumbing, roof, and mechanical systems, along with a state-of-the-art sprinkler system representing an approximately $40,000 investment. The result is a turnkey property designed for long-term ownership and significantly reduced near-term capital improvement needs. The property offers approximately 3,134 square feet of total measured floor area, including basement areas, providing substantial space and flexibility across the residential and commercial portions. Whether you're searching for a house hack, live/work opportunity, owner-occupied investment or a unique addition to your portfolio, 700 N 42nd Street offers a combination of condition, flexibility and income potential that is difficult to replicate. Live in one. Rent the other. Run your business from the third space. Schedule your private showing and experience the possibilities at 700 N 42nd Street. Read Less
Courtesy of Jamier Hughes, Elite Level Realty, 215-904-5400
Listing Snapshot
Days Online
2
Last Updated
Property Type
Duplex
Square Ft.
1,280
Lot Size
0.03 Acres
Year Built
1925
MLS Number
PAPH2670596
Additional Details
Building
Built in 1925, Living area: 1280, Construction Materials: Masonry
Cooling
Central A/C
Accessibility Features
None
Heating
Forced Air
Lot
0.03 acres, Dimensions: 16.00 x 80.00
Property
Other structures: Above Grade
Sewer
Community Septic Tank
Taxes
Annual Amount: $9,125, Year: 2025, Zoning: RSA5, Zoning description: Use & Occupancy: Commercial space with residential multifamily use.
Utilities
Water Source: Community
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