5007 GERMANTOWN AVE Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19144
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2248028
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $2,168
Tax Year 2024
Lot Size 1,791 Sqft
Acres 0.04
Lot Dimensions 22.00 x 81.00
Property 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.
Location
State PA
County Philadelphia
Area 19144 (19144)
Zoning CMX25
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility Ramp - Main Level
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871402415
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard