5116 Germantown Avenue
Philadelphia, PA 19144
- – beds
- – baths
- 3,106 sqft
- 2,350 sqft lot
- $143 per sqft
- 1900 build
Turnkey Investment Opportunity: Remodeled Mixed-Use Property with Tenants. Attention investors seeking a lucrative addition to their portfolio! We present a rare opportunity to acquire a professionally renovated, mixed-use property in the heart of Philadelphia's thriving Germantown neighborhood. Zoned CMX 2.5 for Commercial/Mixed Use, this property offers a unique blend of modern amenities with tenants, ensuring immediate cash flow and long-term appreciation. Professionally renovated with modern taste and attention to detail, New windows, bathrooms, and brand-new central air system throughout. Consists of 2 units plus a full basement with high ceilings, offering versatile space 1 storefront currently operating as a daycare business, and 1 apartment unit Tenants in place, providing immediate cash flow. Prime location surrounded by renowned educational institutions, including LaSalle University, Drexel University College of Medicine, and Thomas Jefferson University East Falls Campus. Don't miss this chance to secure a high-yielding, cash-flowing property in a desirable neighborhood. Contact us today to schedule a viewing and take the first step towards building a robust and diversified investment portfolio.
Last checked:
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Last updated Nov 12, 2024
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MLS# PAPH2303172 —
The Building
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Year Built:1900
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Masonry
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Building Units Total:2
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Structure Type:Interior Row/Townhouse
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Architectural Style:Straight Thru
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Accessibility Features:None
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Foundation Details:Stone
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Total SqFt Source:Estimated
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Total Below Grade SqFt:2115
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Total Below Grade SqFt Source:Estimated
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Tax Total Finished SqFt:3106
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:5221
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Living Area SqFt:3,106 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Negotiable
Location
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Directions:Germantown Ave & E Ashmead St
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Latitude:40.03036118
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Longitude:-75.16627502
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Lot Size Units:Square Feet
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Lot Size Acres:0.05
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Lot Size Source:Assessor
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Lot Size Dimensions:17.00 x 135.00
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Lot Dimensions Source:Assessor
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Lot SqFt:2,350 Sqft
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Zoning:CMX25
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:S30
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (267) 689-7355
- Office phone:
- (215) 376-4444
Taxes
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Tax ID Number:871517870
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Tax Year:2024
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Tax Lot:155
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Tax Annual Amount:$1,735
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Tax Assessed Value:$124,000
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Year Assessed:2024
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School Tax:972.0
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City/Town Tax:763.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Natural Gas
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Heating:Yes
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Heating Type:Central
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:None
Extra Units
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Vacation Rental:No
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Two Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/6/24
Mar 6, 2024
|
Price Changed | BRIGHT | $445,000 | -3.3% |
|
3/5/24
Mar 5, 2024
|
Price Changed | BRIGHT | $460,000 | -1.1% |
|
1/1/24
Jan 1, 2024
|
Price Changed | BRIGHT | $465,000 | -7.0% |
