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Nicole Peranteau

nicole@realestatemvpteam.com +1(609) 617-6999

$ 445,000

Est. payment -/mo

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Active

5116 GERMANTOWN AVE Philadelphia, PA 19144

3,106 SqFt

UPDATED:

08/25/2024 01:35 PM

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,106 sqft

Price per Sqft $143

MLS Listing ID PAPH2303172

Style Straight Thru

Abv Grd Liv Area 3,106

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $1,735

Tax Year 2024

Lot Size 2,350 Sqft

Acres 0.05

Lot Dimensions 17.00 x 135.00

Property Description

Turnkey Investment Opportunity: Remodeled Mixed-Use Property with Tenants. Attention investors seeking a lucrative addition to their portfolio! We present a rare opportunity to acquire a professionally renovated, mixed-use property in the heart of Philadelphia's thriving Germantown neighborhood. Zoned CMX 2.5 for Commercial/Mixed Use, this property offers a unique blend of modern amenities with tenants, ensuring immediate cash flow and long-term appreciation. Professionally renovated with modern taste and attention to detail, New windows, bathrooms, and brand-new central air system throughout. Consists of 2 units plus a full basement with high ceilings, offering versatile space 1 storefront currently operating as a daycare business, and 1 apartment unit Tenants in place, providing immediate cash flow. Prime location surrounded by renowned educational institutions, including LaSalle University, Drexel University College of Medicine, and Thomas Jefferson University East Falls Campus. Don't miss this chance to secure a high-yielding, cash-flowing property in a desirable neighborhood. Contact us today to schedule a viewing and take the first step towards building a robust and diversified investment portfolio.

Location

State PA

County Philadelphia

Area 19144 (19144)

Zoning CMX25

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type None

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871517870

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Listed by Tahzib Bacchus • Realty Mark Associates

Nicole Peranteau

Agent | License ID: 0790242

+1(609) 617-6999

Nicole Peranteau

5116 GERMANTOWN AVE Philadelphia, PA 19144

Key Details

Location

Interior

Exterior

Building

Schools

Others

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5116 GERMANTOWN AVE