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5027 Germantown Ave
For Sale $480,000 ($146.39 per Sq Ft)
$480,000 ($146.39 per Sq Ft)
- 3 Units
- 3,279 Sq Ft
- 2,120 Sq Ft
- Unknown Cap Rate
Description
With a surprising over $5500 per month in revenue, this is a cash cow! Welcome to 5027 Germantown Ave. Unit 1 is a Barbershop that has been operating in the community for years and intends to continue to do so. Units 2 and 3 are both Large 3 bedroom apartments occupied with new 2 year leases. This property is turn key and will provide stable income for years to come. Photos of the units are from before tenants move in just two months ago but units were renovated and are in good condition. Current rental license is available to confirm zoning but its always recommended that the buyer should also conduct their own due diligence. Germantown Avenue is a developing community, perfect for a prospective investor.
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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 | $480,000 |
| Property Type | Other |
| Usable Sqft | 3,279 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1940 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 871516890 |
| MLS # | PAPH2450250 |
| Property ID | 321310769 |
| Lot Sqft | 2,120 |
| Zoning | CMX25 |
| Total Units | 3 |
| Days on Market | 2 |
| Original List Price | Unknown |
| Date Updated | February 28, 2025 |
| Date Created | February 27, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Ashley Collins an agent of . Lic #RS355214
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Data last updated: March 01, 2025.
Robert Crawford
REAL ESTATE AGENT