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    6371 Germantown Avenue

    PHILADELPHIA, PA 19144
    • $599,999
    • STATUS: Active
    • ON SITE: 26 days
    • ID#: PAPH2024758
    UPDATED: 72 min ago
    $599,999
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1905
    County:

    School Ratings & Info

    Description

    5 Unit Mix-Use building producing $5,700/m rent roll on rapidly developing 6300 block of Germantown Avenue. This block is experiencing a development surge with numerous new construction projects underway totaling over 100 new apartment units. The replacement cost alone of this nearly 4,000 SF building makes this a great opportunity. Presently, all 5 units are occupied but there is room to increase the rents with improvements to the four residential units. Electric is already conveniently separately metered. Property Income and Expense information available upon request.

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    ©2021 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: 2021-09-22T18:54:32.02.
    www.locomusings.com/homes/120830011
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    6371 Germantown Avenue PHILADELPHIA, PA 19144

    • Price: $599,999
    • Status: Active
    • Updated: 72 min ago
    • ID#: PAPH2024758
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    1905
    Built
    Neighborhood:
    19144 (19144)
    County:
    Philadelphia
    Area:
    19144 (19144)
    School District:
    The School District Of Philadelphia
    Property Description
    5 Unit Mix-Use building producing $5,700/m rent roll on rapidly developing 6300 block of Germantown Avenue. This block is experiencing a development surge with numerous new construction projects underway totaling over 100 new apartment units. The replacement cost alone of this nearly 4,000 SF building makes this a great opportunity. Presently, all 5 units are occupied but there is room to increase the rents with improvements to the four residential units. Electric is already conveniently separately metered. Property Income and Expense information available upon request.
    Exterior Features

    Construction Materials MasonryOther Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 3834.00 Cooling Wall Unit Exclusions Child Care Tenant/Operator Personal Property Heating Hot Water Heating YN Yes Net Square Feet 3834.00

    Property Features

    Acceptable Financing ConventionalCashNegotiablePrivate Accessibility Features None Assessment Year 2021 Business Type Day Care Facility Central Air YN No Cooling Fuel Electric Cross Street Johnson Street Entry Level 1 Gross Income 68700.00 Heating Fuel Electric Hot Water Electric Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 5 Operating Expense 14062.00 Original MLSNumber 800988957848 Owner Pays InsuranceMiscellaneousRepairsWaterTaxes - Real Estate Ownership Interest Fee Simple Possession Immediate Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 2006.00 Tax Assessment Amount 143300.00 Tax Lot 27 Vacation Rental YN No Water Source Public Zoning Cmx2 Zoning Description Commercial Mix Use Zoning

    Listing courtesy of Pa Realty Advisors Llc.


    ©2021 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: 2021-09-22T18:54:32.02.
     
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    Leesburg VA, 20176