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3948 Lancaster Ave, Philadelphia, PA 19104

$400,000

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Sold Price: $400,000
List Price: $475,000
Closing Date: Feb 25, 2026
Days on Market: 149
Status: CLOSED
MLS#: PAPH2480708
Lot Size (Acres): 0.05
Year Built: 1915
County: Philadelphia
School District: Philadelphia City

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Property Description

40th & Lancaster Ave in Phila mixed use building is in the University City area. This building was renovated from top to bottom in 2020 all permits were pulled. The storefront space has a permitted walk thru to 3946 Lancaster Ave retail space and was recently renovated which opens up additional business opportunities. There is a nice backyard outdoor space which also opens up additional business opportunities. There are 2 apartments that are currently rented 1 one-bedroom one bath apartment rents for $1375.00 per month and 1 two-bedroom two bath apartment rents for $1500.00 per month. Both apartments have washers and dryers in them.

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Additional Information

Area: 19104 (19104)
School District: Philadelphia City
Heating: Heat Pump
Cooling: Central Air
Water: Public
Sewer: Public Sewer