Address
1854 Germantown Avenue, Philadelphia, PA
Price
$ 849,000
Property Attributes
- MLS#PAPH2309472
- TypeContingent
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19122
- NeighborhoodNorris Square
- Zip19122
- StyleDwelling with Rental
- Year Built1920
- Taxes$ 10498
- Price$ 849,000
- Bedrooms4
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.04 Acres
Data Source:
Bright MLS
Property Description
A wonderful opportunity only a few blocks from N. American St in a growing area! 4 residential units + 1 first-floor commercial space make this occupied mixed-use building a very solid investment with immediate cash flow. Stabilized with high CAP rate. The free standing building allows natural light from all sides. Each residential unit has restored hardwood floors and unique character throughout. Commercial space recently signed a two-year lease. Building total rent roll $86,000+/yr. Residential leases established over multiple years of steady rental history. Schedule your showing today!
| Price History | |
|---|---|
| 1/8/2024 | Listed $949,000 |
| 2/21/2024 | 6% - $899,000 |
| 3/19/2024 | 6% - $849,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Radiator |
| Cooling | None |
| Possession | 0-30 Days CD,31-60 Days CD,61-90 Days CD |
| Roof | Flat |
| Zoning | CMX2 |
| Pool Y/N | No Pool |
| Architectural Style | Dwelling with Rental |
| Construction Materials | Masonry |
| Year Built | 1920 |
| Property SubType | Quadruplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | None |
| Accessibility | None |
| County | PHILADELPHIA |
| New Construction | No |
| Property Type | Multi-Family |
| Subdivision Name | NORRIS SQUARE |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE UNDER CONTRACT |
| Directions | Off 5th and Berks,west of American St. |
| ModificationTimestamp | 2024-04-06T10:09:05 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 2.5 |
| Total Units | 4 |
| MLS Area | 19122 (19122) |
| Lot Size Square Feet | 1750.00 |
| Tax Assessed Value | 750000.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 5 |
| Street Name | GERMANTOWN |
| Tax Annual Amount | 10498.0 |
| Structure Type | Over Storefront |
| One Bedroom Units Count | 4 |
| NumberOfUnitsVacant | 1 |
| Other Units | Unit 1,Unit 2,Unit 4,Unit 5,Unit 3 |
| Price Per Sq Ft | 185.7 |
| Rent Control Y/N | No |
| Vacation Rental Y/N | No |
| Total SQFT | 4572 |
| Days on Market | 86 |
| Location Type | Urban |
| Standard Status | Active Under Contract |
| Year Built Source | Estimated |
| Tax Lot | 71 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Basement | Other |
| Hot Water | Natural Gas |
| Furnished Units | None |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | AVENUE |
| Central Air Y/N | No |
| LivingAreaSource | Estimated |
Exterior Features
| Parking Features | Public,Unassigned |
|---|---|
| Water Source | Public |
| Type of Parking | On Street |
| Land Use Code | U50 |
| Spa | No |
| Water View Y/N | No |
| Lot Size Acres | 0.04 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 216700.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 19122
Price
Taxes
Visits
Year Built
Copyright © 2024, Metropolitan Regional Information Systems, Inc. All rights reserved. Information deemed reliable but is not guaranteed. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MRIS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Knot6 Real Estate Services, LLC does not display
© BRIGHT, All Rights Reserved
