5018 W Thompson St
Listing Notes
Fully renovated CMX-2 mixed-use property just one block from Lancaster Avenue. The first floor features a vacant commercial shell ready for retail, office, professional, or other permitted commercial uses. The second-floor residential unit offers 3 bedrooms, 1 full bath, a heated finished attic/flex space, granite countertops, stainless steel appliances, laundry hookups, and energy-efficient mini-split heating and cooling. Recent improvements include a new roof, 400-amp electrical service, new plumbing, HVAC, replacement windows, flooring, drywall, trim, interior doors, kitchen, bathroom, and fire alarm system. The property will be delivered completely vacant, allowing an owner-occupant or investor to lease both units at market rates. Estimated market rents are approximately $2,500/month for the commercial space and $1,830/month for the residential unit, offering excellent income potential. A turnkey investment or ideal live/work opportunity in a growing West Philadelphia corridor.
Price in context
Cheaper than 8% of the 24 homes listed nearby right now, which run $185,000 to $350,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 4831 Merion Ave | $185,000 | 3 bd · 1 ba |
| 4929 Ogden St | $195,000 | 3 bd · 1.5 ba |
| 5200 W Montgomery Ave Apt 20A | $199,999 | — |
| 1257 N 57th St | $208,000 | — |
| 141 N Conestoga St | $215,000 | 3 bd · 1.5 ba |
| 549 N Creighton St | $217,000 | 3 bd · 1 ba |
| 1324 N 53rd St | $217,000 | 4 bd · 1.5 ba |
| 523 N 52nd St | $217,000 | 4 bd · 1 ba |
| 4803 Merion Ave | $217,000 | 3 bd · 1 ba |
| 1750 N Wilton St | $217,000 | 3 bd · 1.5 ba |
| 4521 Westminster Ave | $217,000 | 3 bd · 1 ba |
| 645 N 57th St | $217,000 | 4 bd · 1.5 ba |
| 5055 Brown St | $219,000 | 3 bd · 1.5 ba |
| 861 N Moss St | $219,900 | 3 bd · 2 ba |
| 5325 W Stiles St | $225,000 | — |
| 5526 Master St | $225,000 | — |
| 121 N 55th St | $239,000 | 3 bd · 2 ba |
| 5327 W Oxford St | $249,900 | 3 bd · 1.5 ba |
| 5305 W Girard Ave | $265,000 | 5 bd · 1.5 ba |
| 5520 Master St | $269,000 | 4 bd · 2 ba |
| 1447 N 55th St | $295,000 | 6 bd · 3 ba |
| 220 N 54th St | $299,000 | — |
| 1234 N 55th St | $329,999 | — |
| 148 N 52nd St | $350,000 | — |
Where it is
For sale Coming soon Recently sold— zoom out for more