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6371 Germantown Avenue

PHILADELPHIA, PA 19144
  • $599,999
  • STATUS: Active Under Contract
  • ON SITE: 91 Days
  • ID#: PAPH2026276
Under Contract
$599,999
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,834
    SQFT
  • $156
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1905
County:

School Information

High School:

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 Seti & Company | Long and Foster Realtors. 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: 2021-11-30T23:49:52.913.
www.setisellshomes.com/homes/120976146
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6371 Germantown Avenue PHILADELPHIA, PA 19144

  • Price: $599,999
  • Status: Active Under Contract
  • On Site: 91 Days
  • ID#: PAPH2026276
0
Beds
0
Baths
0
½ Baths
0.05
Acres
3,834
SQFT
$156
$/SQFT
1905
Built
Neighborhood:
19144 (19144)
County:
Philadelphia
Area:
19144 (19144)
High School:
Germantown
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

Architectural Style Straight Thru Construction Materials MasonryOther Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Property Condition Average Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3834 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Other Exclusions Tenant Personal Property Fireplaces Total 0 Heating Hot Water Heating YN Yes Single Room Units 1 Three Bedroom Units 0 Two Bedroom Units 2

Property Features

Acceptable Financing ConventionalCashOtherPrivateNegotiable Accessibility Features None Assessment Year 2021 Central Air YN No Cooling Fuel Electric Heating Fuel Electric Historic YN No Hot Water Electric Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 801004096492 Ownership Interest Fee Simple Possession Immediate Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type Over Storefront 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; Commercial With Multi-Family Use Permitted

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 Seti & Company | Long and Foster Realtors. 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: 2021-11-30T23:49:52.913.
 
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