1851-57 GERMANTOWN AVE Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19122
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 10,400 sqft
Price per Sqft $254
MLS Listing ID PAPH2319430
Originating Board BRIGHT
Year Built 2019
Annual Tax Amount $1,941
Tax Year 2024
Lot Size 3,896 Sqft
Acres 0.09
Lot Dimensions 64.00 x 90.00
Property Description
Introducing an exceptional investment opportunity in a prime location! This state-of-the-art mixed-use building, constructed in 2019 with 6 YEARS TAX ABATEMENT still left, presents a total of 7 units, featuring a ground floor commercial space and 6 individual residential condos. The ground floor offers a versatile commercial space, ideal for retail, office, or dining establishments, providing endless possibilities for entrepreneurs and business owners. On the second floor, you'll discover (2) spacious 2-bedroom/2-bathroom condos and (1) 1-bedroom/1.5-bathroom condo, offering residents modern and comfortable living spaces tailored to urban lifestyles. Ascending to the third floor, you'll find (2) additional 2-bedroom/2-bathroom condos and (1) cozy 1-bedroom/1.5-bathroom condo, each designed with contemporary finishes and thoughtful layouts to maximize comfort and convenience. All units within the building are individual condos, each with its own documentation, ensuring ease of ownership and management for prospective investors. Additionally, each unit is individually metered for utilities, providing efficient and cost-effective living arrangements for residents. Whether you're seeking a prime commercial space or modern residential condos, this mixed-use building offers an unparalleled investment opportunity in a thriving neighborhood. Don't miss out on this chance to own a lucrative asset in a desirable location. Schedule your viewing today!
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning CMX2
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Hardwood,Ceramic Tile
Heat Source Electric
Exterior
Waterfront N
Water Access N
Roof Type Flat
Accessibility Elevator
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881078516
Ownership Fee Simple
SqFt Source Assessor
Security Features Sprinkler System - Indoor,Smoke Detector,Carbon Monoxide Detector(s),Main Entrance Lock
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard