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5335 Knox Street

PHILADELPHIA, PA 19144
  • $1,200,000
  • STATUS: Active
  • ON SITE: 54 Days
  • ID#: PAPH2124038
UPDATED: 64 min ago
$1,200,000
  • 0
    BEDS
  • 0.37
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1896
County:

School Ratings & Info

Description

Welcome to a unique opportunity to own this super charming, 6 unit income producing Golden Age Dutch Victorian residence, lovingly converted & updated in 2012. The Red Gables House, is loaded with stunning architectural detail, lovingly preserved and updated for contemporary, multi-unit living, in the heart of the Penn-Knox historic neighborhood of Germantown. This elegant home was divided into 6 tastefully designed units by a New York architect owner occupant. The home is currently occupied by excellent tenants who enjoy the serenity and graceful living in a garden residence that was built to stand the test of time. The property boasts of many stained glass and leaded glass windows, filigree ironwork, and an original Dutch style front door. The intricately carved wood details surrounding the entrance and the balcony above the front door, create a warm and charming entrance into a wood carved foyer and impressive, original staircase. Many of the original moldings and details have been carefully preserved and incorporated into the stylish modern conveniences. A winding brick walkway surrounds the house, encouraging residents to meander through a beautifully planted, shared garden, surrounding the entire residence. Each unit has access to fresh air and garden exposure. The 2 first floor units have garden entrances. The second-floor units have balcony access. There are four working fireplaces. Each apartment has a full kitchen, bathroom and laundry. Electric is separated, with 100 amps for each unit. Tenants pay their own electricity. All electric and plumbing were 100% replaced during the conversion to multi-units,10 years ago. The neighborhood is loaded with history and the home is located a few short blocks to Germantown Avenue, the historic Deschler-Morris +G+Germantown White House,+G- the campus of Germantown Friends School, Uncle Bobbie+GGs Books and Cafe, convenient regional rail lines, public transportation and a new Weaver+GGs Way food co-op that is coming soon! Be part of positive community revitalization, nestled in a storied past, and don+GGt hesitate to jump on this unique opportunity! A condo conversion is possible as the current owner was in the process of converting the building into condos and most of the paperwork is complete. The rear yard is zoned and approved for a 6-car parking, with an allowance for curb-cut onto Penn Street. Serious & qualified buyers only. Showings will be by appointment only and proof of funds or pre-approval must be provided to listing agents prior to appointment.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-07T19:58:45.713.
www.locomusings.com/homes/129798649
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5335 Knox Street PHILADELPHIA, PA 19144

  • Price: $1,200,000
  • Status: Active
  • On Site: 54 Days
  • Updated: 64 min ago
  • ID#: PAPH2124038
0
Beds
0
Baths
0
½ Baths
0.37
Acres
1896
Built
Neighborhood:
19144 (19144)
County:
Philadelphia
Area:
19144 (19144)
School District:
The School District Of Philadelphia
Property Description
Welcome to a unique opportunity to own this super charming, 6 unit income producing Golden Age Dutch Victorian residence, lovingly converted & updated in 2012. The Red Gables House, is loaded with stunning architectural detail, lovingly preserved and updated for contemporary, multi-unit living, in the heart of the Penn-Knox historic neighborhood of Germantown. This elegant home was divided into 6 tastefully designed units by a New York architect owner occupant. The home is currently occupied by excellent tenants who enjoy the serenity and graceful living in a garden residence that was built to stand the test of time. The property boasts of many stained glass and leaded glass windows, filigree ironwork, and an original Dutch style front door. The intricately carved wood details surrounding the entrance and the balcony above the front door, create a warm and charming entrance into a wood carved foyer and impressive, original staircase. Many of the original moldings and details have been carefully preserved and incorporated into the stylish modern conveniences. A winding brick walkway surrounds the house, encouraging residents to meander through a beautifully planted, shared garden, surrounding the entire residence. Each unit has access to fresh air and garden exposure. The 2 first floor units have garden entrances. The second-floor units have balcony access. There are four working fireplaces. Each apartment has a full kitchen, bathroom and laundry. Electric is separated, with 100 amps for each unit. Tenants pay their own electricity. All electric and plumbing were 100% replaced during the conversion to multi-units,10 years ago. The neighborhood is loaded with history and the home is located a few short blocks to Germantown Avenue, the historic Deschler-Morris +G+Germantown White House,+G- the campus of Germantown Friends School, Uncle Bobbie+GGs Books and Cafe, convenient regional rail lines, public transportation and a new Weaver+GGs Way food co-op that is coming soon! Be part of positive community revitalization, nestled in a storied past, and don+GGt hesitate to jump on this unique opportunity! A condo conversion is possible as the current owner was in the process of converting the building into condos and most of the paperwork is complete. The rear yard is zoned and approved for a 6-car parking, with an allowance for curb-cut onto Penn Street. Serious & qualified buyers only. Showings will be by appointment only and proof of funds or pre-approval must be provided to listing agents prior to appointment.
Exterior Features

Construction Materials Masonry Garage YN No Parking Types On StreetOther Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 5380.00 Cooling Central A/CWindow Unit(S) Exclusions Tenant Belongings Heating Hot Water & Baseboard - ElectricForced Air Heating YN Yes Inclusions Current Appliances Owned By Seller Net Square Feet 6180.00

Property Features

Accessibility Features None Annual Gross Expense 23280.00 Assessment Year 2022 Business Type Apartment Building Central Air YN Yes Cooling Fuel Electric Cross Street Penn Electric Expense 1200.00 Gross Income 87600.00 Heating Fuel ElectricOil Historic YN Yes Hot Water S/W Changeover Insurance Expense 6720.00 Maintenance Expense 7200.00 Municipality Philadelphia Navigable Water YN N Net Operating Income 64320.00 New Construction YN No Number Of Units Total 6 Operating Expense 23280.00 Operating Expense Includes ElectricInsuranceLandscapingPest ControlRepair/MaintenanceSnow RemovalWater Original MLSNumber 801622542986 Other Expense 580.00 Owner Pays Common Area MaintenanceElectricityInsuranceHeater Maintenance ContractLawn/Shrub CarePest ControlRepairsSewer MaintenanceSnow RemovalTaxes - Real EstateWater Ownership Interest Fee Simple Possession Negotiable Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 5718.00 Tax Assessment Amount 408500.00 Tax Lot 165 Total Actual Rent 87600.00 Vacation Rental YN No Water Source Public Year Built Effective 2007 Zoning Rsa3

Listing courtesy of Bhhs Fox & Roach-Chestnut Hill.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-07T19:58:45.713.
 
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