Prime Investment Opportunity - Discover a rare opportunity for investors and owner-occupants alike with this well-maintained, income-producing mixed-use (CMX-1) property in Northeast Philadelphia. Fully move-in ready and thoughtfully maintained, this property is ideal for both generating rental income and enjoying personal occupancy. Property Highlights: 4 separate units in the main residence, each with its own unique charm and separate utilities—perfect for simplified management and tenant independence. Classic Features including original hardwood flooring, ceramic tile bathrooms, and convenient laundry access. A spacious basement offers the opportunity to create a fourth unit, enhancing the property's income-generating capabilities. Ample Parking, Private driveway with space for eight vehicles, plus a two-car detached garage equipped with heat, electricity, and water—ideal for additional rental income, storage or a workshop. Welcoming outdoor space offers a charming covered front porch adds curb appeal and provides a relaxing retreat. Prime location situated in a highly accessible area close to public transportation, shopping, dining, and local amenities, within a vibrant and established community. Whether you're looking to expand your investment portfolio or find a home with income potential, this property offers flexibility, character, and financial upside. Don’t miss out—contact our agent today to schedule your private tour!
Ryers, located between Rhawn Street and Cottman Avenue, is a residential and commuter-friendly Philadelphia neighborhood with a rail stop and a leafy, low-rise streetscape. The neighborhood’s character concentrates around the Rhawn Street corridor near the Ryers SEPTA Regional Rail station, where corner shops, takeout counters, and everyday services set a steady, practical rhythm. Brick rowhomes and twins line calm blocks, with small front lawns and driveways that shape the streetscape. Pennypack Park’s trails and creek edges frame outdoor time close to home. The Boulevard’s commercial strip adds errands and dining without changing the quiet interior streets. A short ride connects to Northeast Philly’s larger retail and civic hubs.
Provided by Walk Score and Local Logic
Market insights
7111 Rising Sun Ave · $499,900
DAYS ON MARKET
159 days
The average home goes pending in 147 days.
SALE-TO-LIST
94.1%
Most homes are selling 6% below list price.
LIST PRICE
$499,900
Median list price in this area is $350,697. (30% lower than this home)
PRICE DROP
3 price drops
60% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Wood floors
Hardwood and carpet flooring
Bedrooms
Three-unit property with one 1-bedroom unit and two 2-bedroom units (unit-level details available)
Flooring
Hardwood
Carpet
Heating & cooling
Central air
Window A/C units
Forced air heat
Hot water baseboard heat
Natural gas heating and hot water
100 amp electric service
Exterior features
Porch(es)
Sidewalks
Street lights
Level entry to main
Home design
Detached structure
Shingle roof
Replacement windows
Excellent property condition
Fee simple ownership
Parking
Detached oversized 2-car garage with front entry, garage door opener and additional storage area
Asphalt driveway with room for about 8 vehicles (total parking for approximately 10 vehicles)
Construction
Masonry construction
Concrete perimeter foundation
Built year recorded by assessor
Utilities
Public water
Public sewer
Cable TV available
Trash expense listed
Financial info
Three total units
Two units leased and one unit currently vacant
Two month-to-month tenants
Existing lease type: month-to-month
Other
Lot dimensions approximately 40 x 171
Above-grade finished area reported by assessor
Electricity and solar
View estimated energy costs and solar savings for this home
The CMX-1, Neighborhood Commercial Mixed-Use district is primarily intended to accommodate low-impact, small-scale, neighborhood-serving retail and service uses in storefront buildings, as well as the types of residential uses allowed in surrounding zoning districts.
Zone overlays
Ninth District Overlay District
Narcotics Injection Sites Overlay District
Permitted uses
Include but are not limited to:
Assembly/ meeting place
Garden center
Day care facility
Housing-Senior
Fire house
Library
Police station
Recreation-Other
Jul 17, 2015 • Final
Bp_additon
Demolish the existing garage at the rear of the lot and construct a new garage in the approved location. The construction will follow the manufacturer specifications and sealed drawings.
Addition
Sep 7, 2009 • Final
Pp_plumbng
Remove and replace the house trap and sewer lateral.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Philadelphia, PA • 19111
Average low and high temperatures (°F)
36
24
40
27
58
38
67
47
73
56
84
66
88
71
82
64
79
62
70
50
57
41
42
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
79/ 100
Good sunlight
Sunscore
This home ranks in the top 18% for direct sun exposure in Philadelphia. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 7111 Rising Sun Ave
$487,370
$13K under list price of $500K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $295K to $500K.