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Turnkey Investment Opportunity: Remodeled Mixed-Use Property with Tenants. Attention investors seeking a lucrative addition to their portfolio! We present a rare opportunity to acquire a professionally renovated, mixed-use property in the heart of Philadelphia's thriving Germantown neighborhood. Zoned CMX 2.5 for Commercial/Mixed Use, this property offers a unique blend of modern amenities with tenants, ensuring immediate cash flow and long-term appreciation. Professionally renovated with modern taste and attention to detail, New windows, bathrooms, and brand-new central air system throughout. Consists of 2 units plus a full basement with high ceilings, offering versatile space 1 storefront currently operating as a daycare business, and 1 apartment unit Tenants in place, providing immediate cash flow. Prime location surrounded by renowned educational institutions, including LaSalle University, Drexel University College of Medicine, and Thomas Jefferson University East Falls Campus. Don't miss this chance to secure a high-yielding, cash-flowing property in a desirable neighborhood. Contact us today to schedule a viewing and take the first step towards building a robust and diversified investment portfolio.
DAYS ON MARKET | 354 | LAST UPDATED | 3/6/2024 |
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YEAR BUILT | 1900 | COMMUNITY | 19144 (19144) |
COUNTY | PHILADELPHIA | STATUS | Active |
PROPERTY TYPE(S) | Commercial |
PRICE HISTORY | |
Prior to Jan 1, '24 | $499,900 |
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Jan 1, '24 - Mar 5, '24 | $465,000 |
Mar 5, '24 - Mar 6, '24 | $460,000 |
Mar 6, '24 - Today | $445,000 |
ADDITIONAL DETAILS | |
AIR | Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Electric Water Heater |
AREA | 19144 (19144) |
HEAT | Central, Natural Gas |
LOT | 2178 sq ft |
LOT DIMENSIONS | 17.00 x 135.00 |
PARKING | On Street |
SEWER | Public Sewer |
TAXES | 1735 |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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