5007 Germantown Avenue
$585,000
—
3,881
3,881
$151
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...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.
- Listed by Tahzib Bacchus • Realty Mark AssociatesP: (267)-689-7355 bacchussellsrealestate@gmail.com
Property Details for 5007 Germantown Avenue
Tax ID Number
871402415
OwnershipFee Simple
Structure TypeOther
StyleOther
WaterfrontNo
GarageNo
MunicipalityPHILADELPHIA
Total Parking Spaces0
LISTING UPDATED: 08/25/2024 03:27 AM
Property Details for 5007 Germantown Avenue
Status | Active |
---|---|
MLS # | PAPH2303160 |
Days on Market | 354 |
Taxes | $2,168 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1940 |
Lot Size | 0.04 AC / 1,791 SF |
County | Philadelphia County |
Building Information for 5007 Germantown Avenue
Stories-Residences3Year Built1940Building Size-Lot Size0.04 AC / 1,791 SF
Property Information for 5007 Germantown Avenue
Property History for 5007 Germantown Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5007 Germantown Avenue
Taxable ValueLand$30,980Additions$123,920Total$154,900
Tax Record2023$2,168 ($181 / month)
Home Facts
Total Finished SqFt3,881 SqFtAbove Grade Finished SqFt3,881 SqFtStories3Lot Size1,791 SqFtStyleOffice BuildingYear Built1940ZoningCMX2.5CountyPHILADELPHIAAPN87-1-4024-15
Schools near 5007 Germantown Avenue
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 5 | |||
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Mastery Charter John Wister Elementary CharterK to 5 | ||
Fitler Academics Plus PublicK to 8 | ||
King Martin Luther High School Public9 to 12 | ||
Central High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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