7119 Woodland Ave | Southwest Philadelphia | IRMX Zoning | Triplex
Rare opportunity to acquire an income-producing triplex situated on a 2,254 sq ft lot with 2,175 sq ft of building area, zoned IRMX , one of Philadelphia's most flexible and sought after industrial mixed-use designations.
The property currently operates as a 3-unit residential building with two occupied units generating immediate cash flow. The 2nd and 3rd floor units are in great condition with quality, paying tenants in place. The 1st floor unit is vacant and needs only light renovation. A straightforward value-add opportunity to bring the property to full occupancy.
What makes this property truly stand out is the IRMX zoning. By right, IRMX allows multi-family residential, artist studios, artisan industrial, office, warehouse, restaurant, and a wide range of commercial uses, with no required rear yard setback, up to 75% lot coverage, and a maximum building height of 60 feet. An investor or developer can build out the existing footprint, add a rear structure to the property line, or pursue a mixed-use redevelopment all without needing a variance.
Income today. Upside tomorrow. Don't miss this one.
The income description goes here to explain
| List Price | $275,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1915 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 871561940 |
| MLS # | PAPH2605076 |
| Property ID | 322732037 |
| Lot Sqft | 2,254 |
| Zoning | IRMX |
| Total Units | 3 |
| Days on Market | 54 |
| Original List Price | Unknown |
| Date Updated | April 12, 2026 |
| Date Created | April 07, 2026 |
Financials not available online. Please inquire with your agent for more details.
Sandra E Butler an agent of . Lic #RS300796
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