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5007 Germantown Ave
For Sale $585,000 ($150.73 per Sq Ft)
$585,000 ($150.73 per Sq Ft)
- 3 Units
- 3,881 Sq Ft
- 1,791 Sq Ft
- Unknown Cap Rate
Description
Lucrative Investment Opportunity: Remodeled Commercial Property in Prime Location. Are you an investor seeking to diversify your portfolio with a high-yielding, cash-flowing property? Look no further than this exceptional commercial building in the vibrant Germantown neighborhood of Philadelphia. Zoned CMX 2.5 for Commercial/Mixed Use, this property offers a unique blend of modern amenities and prime location, making it an attractive investment opportunity. Professionally renovated with modern taste and attention to detail wheelchair-accessible ramp, new windows, bathrooms, and brand-new central air systems in each unit. Consists of 3 units plus a full basement with high ceilings, offering versatile space 1 storefront and 2 apartments, currently fully occupied by a tenant at $5,000 per month Situated in a thriving area surrounded by renowned educational institutions, including LaSalle University, Drexel University College of Medicine, and Thomas Jefferson University East Falls Campus. This property has been meticulously remodeled to cater to the needs of modern tenants, ensuring a steady stream of rental income and long-term appreciation. With its prime location and proximity to major universities, this investment offers excellent potential for future growth and value appreciation. Don't miss this opportunity to secure a high-yielding, cash-flowing asset in a desirable neighborhood. Contact us today to schedule a viewing and take the first step towards building a robust and diversified investment portfolio.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $585,000 |
| Property Type | Other |
| Usable Sqft | 3,881 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1940 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 871402415 |
| MLS # | PAPH2303160 |
| Property ID | 319611350 |
| Lot Sqft | 1,791 |
| Zoning | CMX25 |
| Total Units | 3 |
| Days on Market | 398 |
| Original List Price | Unknown |
| Date Updated | August 25, 2024 |
| Date Created | December 05, 2023 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Tahzib Bacchus an agent of . Lic #RS330208
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Data last updated: January 06, 2025.
Robert Crawford
REAL ESTATE AGENT