Philadelphia, PA 19132 2045 W Toronto Street

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Presented By: RE/MAX @ HOME
  • MLS# PAPH2495256
  • 06/26/2025
  • Request Tour
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  • SQFT • 1,915

Home Details

Investor Alert! This versatile duplex is a rare find offering solid income potential and located just beside Mt. Olive Church of Christ, in a growing area with I-1 zoning that allows for flexible use. The property includes 2 bedrooms and 2 full bathrooms, currently configured as one single-room unit, one one-bedroom unit, and two vacant unitsgiving you the chance to customize, renovate, and boost income right away. With two units currently vacant, there's excellent opportunity to update and set your own rental rates. Whether you're looking to build rental income, live in one unit and rent the others, or explore creative zoning options, this property is well-positioned for value-add improvements. Surrounded by other occupied homes and neighborhood activity, it's a great time to invest. Enjoy a location surrounded by everyday conveniences! Nearby dining options include Buckys Bar & Grill, Ummi Dees Burger Bistro, Taco Bell, Bambu, and many other local favorites. For families, the area is served by several schools such as Thomas M. Peirce School, Rhodes E. Washington School, and Strawberry Mansion High School, with additional educational institutions in the vicinity. Grocery shopping is a breeze with options like Save-A-Lot, CTown Supermarkets, Los Barraco Grocery, Clearfield Market, and more, all just minutes away. Commuters will love being just five minutes from the Allegheny stop on the Manayunk/Norristown Line, offering easy access to Center City and surrounding areas. Outdoor enthusiasts can take advantage of nearby green spaces including Connie Mack Stadium, Reyburn Park, and Marcus Foster Memorial Stadiumperfect for recreation, sports, or a weekend stroll. This property qualifies for a 10K Grant offered by Prosperity Home Mortgage, which can be used for closing costs, rate buy-down, and more. It is fully forgivable to all buyers, not just first-time buyers. Reach out for more information. Additionally, the property qualifies for the CRA program, offering a conventional loan with no mortgage insurance, low down payment and lower interest rate. Perfect for investors or developers looking to capitalize on location and potential. Sold as-isbring your contractor and your vision!
Presented By: RE/MAX @ HOME

Interior Features for 2045 W Toronto Street

Other Interior Features

Central Air Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 2045 W Toronto Street

Acceptable FinancingCash, Conventional
AccessibilityNone
Association Recreation FeeN
Business TypeApartment Building
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNatural Gas
CoolingOther
CountyPHILADELPHIA
DirectionsFrom the north side of N 20th Street, continue straight and turn right onto W Toronto Street. Keep going straight until you pass Mt. Olive Church of Christ— the property will be on the right.
HeatingOther
Historic Y/NNo
Lease Considered Y/NNo
Location TypeUrban
Lot Size Square Feet3713.00
Lot Size UnitsSquare Feet
MLS Area19132 (19132)
ModificationTimestamp2025-07-16T19:06:27
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total4
OwnershipFee Simple
PossessionImmediate
Possible UseApartment Building, Convenience Store, Mixed Use, Multi-Family, Office, Special Purpose
Property SubtypeMixed Use
Property TypeCommercial Sale
Property UseOwner User
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameALLEGHENY WEST
Tax Annual Amount2480.0
Tax Assessed Value177200.0
Tax Lot210
Tax Year2025
TransportationAirport less than 10 miles, Bus Stop less than 1 mile, Commuter Rail Station less than 1 mile
Vacation Rental Y/NNo
ViewStreet
Virtual TourClick here
Water Access Y/NNo
Year Built1940
Year Built SourceAssessor
ZoningI1

Exterior for 2045 W Toronto Street

Building Area Total0.00
Car Parking Spaces
Land Use CodeW30
Lot Dimensions33.00 x 113.00
Lot FeaturesRear Yard
Lot Size Acres0.09
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $295,000
MLS#PAPH2495256
List Date 06/26/2025
Property Type Commercial
Phone 703.929.4729
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