5007 Germantown Avenue Philadelphia, PA $ 585,000
5007 Germantown Avenue
$ 585,000
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5007 Germantown Avenue

Philadelphia, PA, 19144
$ 585,000
Baths0.0

Monthly Estimate*

$ 4,086

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Studio

Multi-Family Home for sale in Philadelphia, PA

for $585,000. This home was built in 1940 on a lot size of 0.04.

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.

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Multi-Family Active

Price

$ 585,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,168

Style

Lot Size

0.04

Year Built

1940

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2303160

Features
Interior
Heating Fuel Natural Gas
Hot Water Other
Heating Y/N Y
Fireplace Y/N N
Street Suffix AVENUE
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Negotiable
Zoning CMX25
Architectural Style Other
Construction Materials Masonry
Year Built 1940
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Natural Gas
Municipality PHILADELPHIA
Accessibility Ramp - Main Level
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions E Garfield St & Germantown Ave
City PHILADELPHIA
Buyer Agent Compensation 2.5
Total Units 3
MLS Area 19144 (19144)
Lot Size Square Feet 1791.00
Waterfront Y/N N
Street Name GERMANTOWN
Tax Annual Amount 2168.0
Two Bedroom 0
Structure Type Other
Price Per Sq Ft Total 150.73
Vacation Rental Y/N N
Days on Market 165
Standard Status Active
Year Built Source Assessor
Tax Lot 185
Buyer Agent Compensation Type % Of Gross
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Exterior
Pool No Pool
Water Source Public
Type of Parking None
Water View Y/N N
Lot Dimensions 22.00 x 81.00
Lot Size Acres 0.04
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 30980.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 5007
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* Excluded Features
List By
Realty Mark Associates

Broker

bacchussellsrealestate@gmail.com

Email

Affordability Calculator

$4,267
Per Month
96%
4%
0%
Monthly Principal & Interest
$4,086
Monthly Property Taxes
$181
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533249 Elementary School
3533189 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/6/2024$585,000 -6.40% Price Down
3/5/2024$625,000 -3.85% Price Down
12/7/2023$650,000 Listed Price

Map


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5007 Germantown Avenue, Philadelphia, PA, 19144 is a Multi-Family Home for sale at $585,000 with a lot size of 0.04. 5007 Germantown Avenue is a studio with 0.0 baths and was built in 1940. The property's zip code is 19144 which is in Philadelphia, PA