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261 E High St
For Sale $875,000
$875,000
- 2 Units
- Unknown Sq Ft
- 18,020 Sq Ft
- Unknown Cap Rate
Description
An exceptional 6 UNIT investment opportunity awaits in the vibrant Germantown Philadelphia. 7,036 SF multifamily property located at 261 E High St comprised of 2 detached homes. See unit breakdown in documents. Amazing curb appeal with a long driveway leading to 2 detached garages (now rented separately) and ample parking for the tenants. The main entrance to the large Victorian leads into breathtaking 3BR bi-level unit, which preserved it's original wood work and floors and will take your breath away. This unit could be converted to a unique AirBandB for even higher potential income or for owner to move into once lease is up. 5 units are in the Victorian property and the 6th unit - also a 3BR is behind the main house. It is detached and has a spacious open layout. Nestled in the historic Germantown neighborhood, this property promises significant appreciation potential and steady rental income. Boasting a prime location with proximity to public transportation, schools, and shopping centers, High St. is perfect for attracting a diverse tenant base. The property offers well kept and spacious living areas, making it an attractive option for both tenants and investors. Investment Pro-Forma is in documents.
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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 | $875,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1950 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 592041500 |
| MLS # | PAPH2418556 |
| Property ID | 321035942 |
| Lot Sqft | 18,020 |
| Zoning | RSA3 |
| Total Units | 2 |
| Days on Market | 22 |
| Original List Price | Unknown |
| Date Updated | November 09, 2024 |
| Date Created | November 08, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Jacqueline J. Tobin an agent of .
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Data last updated: November 30, 2024.
Robert Crawford
REAL ESTATE AGENT