1450 W Grange Avenue, Philadelphia, PA 19141-2515 $275,000
![](http://bright-media02.prd.brightmls.com/bright/images/0000/8036/2910/2490/803629102490_1024_768_WM_qsAqHAiTKiPywo36.jpg)
Interior Sq. Ft: 2,260
Acreage: 0.04
Age:100 years
Style:
Side-by-Side
Subdivision: Olney
Design/Type:
End of Row/Townhouse
Description
Prime Mixed-Use Investment Opportunity – 1450 Grange Street Welcome investors to 1450 Grange Street, a unique mixed-use property offering exceptional income potential. This versatile property features a commercial unit on the ground floor and an upper level with the potential to house four one-bedroom apartments. Whether you're looking for a long-term investment, a redevelopment project, or an owner-occupied business space, this property presents endless possibilities. Property Details: Ground Floor Commercial Unit – Previously operated as a convenience store, this space generated $3,000 per month in rental income. Upper-Level Residential Space – The second floor has the potential to be converted into four separate one-bedroom apartments, making this an excellent opportunity for a value-add investment. The units require a complete renovation, giving investors the flexibility to design modern, high-demand rental spaces. Income Potential: One-bedroom apartments in this area rent for approximately $1,240 per month. Once renovated, the total projected rental income from the upper-level units alone could reach $4,960 per month. Combined with the $3,000 monthly commercial rental income, the property offers a potential gross income of $7,960 per month. High-Demand Rental Market – With strong rental rates in the area, this property has significant upside potential once the residential units are completed. Strong Foot Traffic & Visibility – The commercial space benefits from a prime location with easy access for customers and tenants alike. Flexible Investment Opportunity – Ideal for passive income, a redevelopment project, or an owner-user looking to operate a business on-site while generating additional rental revenue. Endless Potential – Whether you renovate and rent, operate a business, or develop further, this property provides multiple options for strong returns. This is an excellent opportunity for investors looking to capitalize on a highly versatile property in a growing market. With the right vision and improvements, 1450 Grange Street can become a highly profitable asset. The property is being Sold AS-IS No Repairs will be Made
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Radiator Heating, Natural Gas, None, None, Hot Water - Natural Gas, Public Water, Public Sewer
Garage/Parking
Driveway
Interior
Combination Basement
Exterior
Permanent Foundation, Masonry
Select a school from the following list. Schools are grouped by school type.
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Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
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Public Elementary (127 schools)
Public Middle (24 schools)
Public High (48 schools)
Private (111 schools)
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This report is a detailed community overview for Philadelphia (19141), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 36
- Average salary of people in this community: $32,770
Community Summary
- Population Density (ppl / mile): 19,138
- Household Size (ppl): 2.66
- Households w/ Children: 66%
Housing Inventory
- Owned: 6,545 (45.7%)
- Rented: 5,978 (41.8%)
- Vacant: 1,791 (12.5%)
- Total: 14,314
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 4.7%
- Some High School: 10.6%
- High School Graduate: 38.1%
- Some College: 24.6%
- Associate Degree: 5.8%
- Bachelor's Degree: 10.7%
- Graduate Degree: 5.5%
Income by dollar range
Median Income: $32,388
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $780
- One Bedroom: $761
- Two Bedroom: $893
- Three Bedroom: $1,081
- Four Bedroom: $1,632
© 2025 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-239-8919
Listing Courtesy of: Keller Williams Realty , (856) 321-1212, klrw653@kw.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 2/12/2025.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.