942-944 S 58Th Street, Philadelphia, PA 19143-3040 $450,000

Interior Sq. Ft: 4,728
Acreage: 0.07
Age:105 years
Taxes: $3,891
Subdivision: Cobbs Creek
Design/Type:
Interior Row/Townhouse
Description
Unique Mixed-Use Duplex with Commercial Laundromat in Prime Location! Fantastic opportunity to live and work in the same building or generate income by renting one or both units. This property features a fully functional laundromat on the 1st floor and a spacious 4 bed/3 bath apartment on the second floor. 2nd floor: The residential unit was renovated 5 years ago with new electrical (dedicated panel in unit) and central air conditioning, which also services the laundromat office. It features an open and airy layout, complemented by light wood flooring and a bright, welcoming atmosphere. The chef's kitchen features a vented range and chef-grade appliances, all of which are included in the sale. The primary bedroom boasts an open-concept layout, a private en-suite bath, and a custom walk-in closet. The 2 front bedrooms each have private balconies and share a full bathroom. Another bedroom and a full bathroom complete this 2,187 sf apartment. 1st floor: The laundromat has approx. 35 washers & 38 dryers (half of which are non-functional) and a half bath. Equipment sold as-is — great value-add potential for upgrades or conversion to another commercial use. Additional profit centers include selling snacks & drinks, and a leased ATM that generates $0.75 per transaction. The 1st floor features access to a large patio, ideal for guests or potential business expansion. The large basement has floor drains and ample storage, accessible via a hatch in the laundromat office. Utilities: Three electric meters: one for the apartment, one for the first floor, and a separate meter for laundry operations (the latter two are billed together). The 1st floor pays for hot and cold water for the entire building. The heat is separately metered. Location Highlights: situated just off a busy intersection (58th & Baltimore Ave) — excellent foot traffic and visibility. Steps from the trolley line, providing easy access to University City & Center City. Short distance to Cobbs Creek Park, Malcolm X Park, and other green spaces. Near major institutions, including the University of Pennsylvania, Drexel University, and CHOP. Come set up shop at 58th & Baltimore and make your mark in this vibrant and evolving neighborhood.
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Elem. School: Anderson Add B Mid. School: Add B. Anderson High School: Sayre
Features
Utilities
Forced Air Heating, Hot Water Heating, Natural Gas, Central A/C, Electric, Hot Water - 60+ Gallon Tank, Hot Water - Natural Gas, Public Water, Public Sewer
Garage/Parking
On Street
Interior
Full Basement, Ceramic Tile Flooring, Wood Flooring, Accessibility - 32"+ wide Doors, Accessibility - Entry Slope <1', Accessibility - Level Entry - Main
Exterior
Stone Foundation, Masonry
Lot
Urban
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Public Elementary (119 schools)
Public Middle (19 schools)
Public High (49 schools)
Private (120 schools)
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This report is a detailed community overview for Philadelphia (19143), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 36
- Average salary of people in this community: $37,100
Community Summary
- Population Density (ppl / mile): 19,911
- Household Size (ppl): 2.55
- Households w/ Children: 61%
Housing Inventory
- Owned: 11,948 (39.1%)
- Rented: 13,154 (43.0%)
- Vacant: 5,482 (17.9%)
- Total: 30,584
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: 4.0%
- Some High School: 9.8%
- High School Graduate: 35.2%
- Some College: 20.5%
- Associate Degree: 5.1%
- Bachelor's Degree: 14.2%
- Graduate Degree: 11.2%
Income by dollar range
Median Income: $34,579
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: $755
- One Bedroom: $873
- Two Bedroom: $976
- Three Bedroom: $1,000
- Four Bedroom: $1,015
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Contact Information
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or call me now at 302-529-2601
Listing Courtesy of: KW Empower , vicki@kwempower.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.
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Listing data as of 6/06/2025.
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.