5116 GERMANTOWN AVE Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19144
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2302588
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $1,735
Tax Year 2024
Lot Size 2,350 Sqft
Acres 0.05
Lot Dimensions 17.00 x 135.00
Property Description
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.
Location
State PA
County Philadelphia
Area 19144 (19144)
Zoning CMX25
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility Other
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871517870
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard