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14
Photos
2706 E MONMOUTH STREET, Philadelphia, PA 19134
$395,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
1
bath
1,200
sqft
Built in
1965
INVESTOR SPECIAL in Port Richmond! A rare opportunity to own two adjacent parcels on a prime block in one of Philadelphia’s most rapidly developing neighborhoods. Located at 2704 and 2706 E Monmouth Street, this unique property package offers endless possibilities for investors, developers, or business owners seeking a versatile space in a highly sought-after area. The first parcel at 2704 E Monmouth St features a two-story row home with 1,200 square feet of living space across two floors, plus an unfinished basement. The home includes 3 bedrooms, 1 bathroom and a rear patio for outdoor living. Ideal for a complete rehab or potential redevelopment. The second parcel at 2706 E Monmouth St is a massive garage/warehouse boasting over 3,400 square feet of space. The garage space has tall vaulted ceilings with exposed beams, brick walls, and a large overhead door that provides easy access from Monmouth Street. The space widens to 40 feet across at the rear and 105 feet deep, making it perfect for a variety of uses. The garage also includes a second-floor loft area with additional space accessible, offering potential for office, storage, or workshop use. The garage is equipped with electric and water supply for added convenience. Together, these two parcels create a combined lot size of 40’ x 105’, offering ample space for various development opportunities. Whether you're a business owner looking to operate from the warehouse while renting or living in the home, or an investor considering a full redevelopment into two new construction homes, this property package delivers exceptional flexibility. Buyers should explore potential subdivision or mixed-use possibilities with the City of Philadelphia. This is a one-of-a-kind property in Port Richmond, with new construction and development happening all around. The garage is ideal for a contractor, auto mechanic, or any business needing a large workspace, while the house offers rental income or personal use potential. Additionally, developers may find value in creating two brand-new, three-story homes with spacious backyards, or even constructing two two-unit properties for added income streams (should the city permit). The possibilities are vast, but the opportunity is rare! Don’t miss your chance to unlock the full potential of this double-parcel property. Located in a thriving neighborhood just minutes from Fishtown and major highways, this property offers both long-term growth potential and immediate usability. Call the Listing Agent for showings.
Features & Amenities
Interior
- Laundry:
- Basement
- Basement:
- Unfinished
- A/C:
- Window Unit(s)
- Heating:
- Y, 90% Forced Air, Natural Gas
- Disability Feature:
- 2+ Access Exits,>84" Garage Door
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Bi-level
Construction
- General:
- Masonry, 2, Block
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- PHILADELPHIA CITY
- County:
- PHILADELPHIA
Lot
- Zoning:
- RSA5, 251044000
- Current Use:
- O30
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
This listing courtesy of:
Homestarr Realty, Kenneth A Scarborough
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Philadelphia, PA
Housing
- Number of Units
- 705,993
- Median Home Value
- $212,331
- Median Rent
- $993
47.83% of housing units are renter occupied.
9.77% are vacant.
Commute
- Car
-
48.32%
- Public Transportation
-
19.12%
- Walk to Work
-
6.40%
- Work from Home
-
23.29%
- Other
-
1.20%
The median travel time to work is 28 minutes.
People
- Population
- 1,564,304
- Median Age
- 36.10
- Median Household Size
- 2.55
Education
- High School
-
31.51%
- Associate’s Degree
-
5.70%
- Bachelor’s Degree
-
18.90%
- Graduate Degree
-
14.16%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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