$215,000
$250,000
14.0%For more information regarding the value of a property, please contact us for a free consultation.
5006 GERMANTOWN AVE Philadelphia, PA 19144
1,775 Sqft Lot
Key Details
Sold Price $215,000
Property Type Commercial
Sub Type Services
Listing Status Sold
Purchase Type For Sale
Subdivision Germantown (West)
MLS Listing ID PAPH2141850
Year Built 1940
Annual Tax Amount $1,576
Tax Year 2022
Lot Size 1,775 Sqft
Property Description
Situated in bustling Germantown, this 2 Unit building is an excellent opportunity to own a turnkey, fully operating building consisting of 1st floor commercial, 1 residential unit & 2 garages located in the rear all with rental income. CMX-2.5 Zoning and an excellent property to add to your rental portfolio or operate your business & potentially reside upstairs. 1st floor is currently operating as a hair salon. Currently rented for $840/month & is a month to month lease. Open floor plan & provides a powder room & access to the basement. 2nd floor is a 2 bedroom & 1 bathroom apartment currently rented for $1037 / month & it is a month to month lease. Additional renal income is generated by the 2 garages located in the rear totally $300 / month. Central Air Conditioning in both the commercial & residential units. All separately metered for gas & electric, gas furnace and hot water. Fire alarm panel with certification. Walk Score 70 Transit Score 63. Located in close proximity to Wayne Junction Station, easy access to Stenton Ave, Broad St & US Route 1.
Location
State PA
County Philadelphia
Area 19144 (19144)
Zoning CMX25
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Exterior
Water Access N
Building
Lot Description Rear Yard
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
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Bought with John P Borelli • Realty Mark Associates-CC