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8012 Germantown Avenue

PHILADELPHIA, PA 19118
  • $699,000
  • STATUS: Active
  • ON SITE: 62 Days
  • ID#: PAPH2035464
Price Reduced
UPDATED: 21 min ago
$699,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:

School Ratings & Info

Description

Beautiful commercial building with store front and three apartments. All apartments have been tastefully renovated and upgraded in recent years with all newer kitchens with wood cabinetry and granite counter tops. Newer tile baths, new hardwood flooring and carpeting in bedrooms. New lighting and some units freshly painted. All apartments have a warm, sunny and spacious feel . Good cash flow, and bonus off street parking and garage for additional income, plus rear fenced yard. All systems have been upgraded including separate electric. Store rents is $1440, Eff apt rents for $750, 2 bedroom rents for $1683 and 1 bedroom rents for $1460 -Call agent for details and showings. Owner pays Oil heat and domestic hot water and cold water, all included in expenses. Building yearly gross rents $65.316 (less expenses, approx. $25,000) Approx. Net operating income around $40,000.

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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: 2021-12-01T16:53:27.643.
www.locomusings.com/homes/121915114
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8012 Germantown Avenue PHILADELPHIA, PA 19118

  • Price: $699,000
  • Status: Active
  • On Site: 62 Days
  • Updated: 21 min ago
  • ID#: PAPH2035464
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1930
Built
Neighborhood:
Chestnut Hill
County:
Philadelphia
Area:
19118 (19118)
School District:
The School District Of Philadelphia
Property Description
Beautiful commercial building with store front and three apartments. All apartments have been tastefully renovated and upgraded in recent years with all newer kitchens with wood cabinetry and granite counter tops. Newer tile baths, new hardwood flooring and carpeting in bedrooms. New lighting and some units freshly painted. All apartments have a warm, sunny and spacious feel . Good cash flow, and bonus off street parking and garage for additional income, plus rear fenced yard. All systems have been upgraded including separate electric. Store rents is $1440, Eff apt rents for $750, 2 bedroom rents for $1683 and 1 bedroom rents for $1460 -Call agent for details and showings. Owner pays Oil heat and domestic hot water and cold water, all included in expenses. Building yearly gross rents $65.316 (less expenses, approx. $25,000) Approx. Net operating income around $40,000.
Exterior Features

Construction Materials Masonry Garage YN No Lot Features Rear Yard Parking Types DrivewayPrivate Garage Property Condition Excellent Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2980.00 Cooling Window Unit(S)Wall Unit Flooring Ceramic TileCarpetHardwood Heating Steam Heating YN Yes Net Square Feet 2980.00

Property Features

Acceptable Financing ConventionalCash Accessibility Features None Annual Gross Expense 25000.00 Assessment Year 2021 Business Type Apartment BuildingOther/General Retail Central Air YN No Cooling Fuel Electric Cross Street Willowgrove Electric Expense 1200.00 Foundation Details Stone Gross Income 65316.00 Heating Fuel Oil Hot Water Oil Insurance Expense 4445.00 Lease Considered YN No Municipality Philadelphia Navigable Water YN N Net Operating Income 40000.00 New Construction YN No Number Of Units Total 4 Operating Expense 25000.00 Operating Expense Includes InsurancePest ControlRepair/MaintenanceTrashWaterOther Original MLSNumber 801093440272 Other Expense 5953.00 Owner Pays Common Area MaintenanceHeatInsurancePest ControlRepairsTaxes - Real EstateTrash CollectionWater Ownership Interest Fee Simple Possession Immediate Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 7227.00 Tax Assessment Amount 516300.00 Tax Lot 89 Total Actual Rent 65316.00 Trash Expense 500.00 Vacation Rental YN No Water Source Public Zoning Cmx1 Zoning Description Cmx-1 (Commercial Store Front And Apartments)

Listing courtesy of Elfant Wissahickon-Chestnut Hill.


©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: 2021-12-01T16:53:27.643.
 
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