$585,000 $3,140 est/mo Sourced by Back At You

5007 Germantown Ave,Philadelphia, PA 19144

Philadelphia PA, 19144

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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 monthSituated 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.

Details

MLS#PAPH2248028
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1940
Days On Site364
Listing Provided ByRealty Mark Associates | Tahzib Bacchus
Buying Commision2.5% Of Gross
Listing CommissionOf Gross

Features

ZoningCMX25
Acreage0.04

Market Activity 19144

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Listings Checked: 1 minute ago
StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19144
Area19144
School DistrictThe School District Of Philadelp
Listing VS Median (in 19144)
Price:
$585,000
low | high
Med:
$140,000
100% of Average
On Site:
364
low | high
Med:
425.000000
85.647058823529% of Average
Sourced by Back At You
Listing Updated: June 10, 2024 at 3:21:58 PM PDT