1854 Germantown Avenue Philadelphia, PA 19122
Listing Courtesy of: BRIGHT IDX / Coldwell Banker Realty / Benjamin "Ben" Katz / Benjamin "Ben" Gemberling-Johnson

  1854 Germantown Avenue Philadelphia, PA 19122

Pending (110 Days)
$849,000

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!

MLS #:
PAPH2309472
Taxes
$10,498(2023)
Lot Size
1,750 SQFT
Type
Multifamily
Year Built
1920
Style
Dwelling With Rental
School District
The School District of Philadelphia
County
Philadelphia County

Listed By

Benjamin "Ben" Katz, Coldwell Banker Realty
Benjamin "Ben" Gemberling-Johnson, Coldwell Banker Realty
Source
BRIGHT IDX
Last checked Apr 30 2024 at 4:23 PM GMT+0000
Bathroom Details
Subdivision
  • Norris Square
Property Features
  • Below Grade
  • Above Grade
Heating and Cooling
  • Radiator
  • None
Basement Information
  • Other
Exterior Features
  • Masonry
  • Roof: Flat
Utility Information
  • Sewer: Public Sewer
  • Fuel: Natural Gas
Parking
  • Unassigned
  • Public
Living Area
  • 4,572 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Mar 19, 2024
Price Changed
$849,000
-6%
-50,000
Feb 21, 2024
Price Changed
$899,000
-5%
-50,000
Disclaimer: Copyright 2024 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/30/24 09:23