1851-57 GERMANTOWN AVE, Philadelphia, PA 19122 - MLS#PAPH2319430

Philadelphia, PA 19122,1851-57 GERMANTOWN AVE

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Doug Strickland

doug@residentialguru.com +1(610) 724-3801

$2,649,900

Est. payment - /mo

10,400 SqFt

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UPDATED:

11/14/2024 02:05 PM

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

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Listed by Anthony R Castaneda • Opus Elite Real Estate

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Doug Strickland

+1(610) 724-3801

Agent | License ID: RS275319

Agent License ID: RS275319

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