Philadelphia, PA 19144 5116 Germantown Avenue

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Presented By: Realty Mark Associates
  • MLS# PAPH2302588
  • 12/04/2023
  • Request Tour
  • Request Info
  • SQFT • 3,106

Home Details

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.
Presented By: Realty Mark Associates

Interior Features for 5116 Germantown Avenue

Bathrooms

Total Restrooms4

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric

General for 5116 Germantown Avenue

AccessibilityOther
Business TypeDay Care Facility, Professional, Apartment Building
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNatural Gas
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsGermantown Ave & E Ashmead St
HeatingCentral
Lot Size Square Feet2350.00
Lot Size UnitsSquare Feet
MLS Area19144 (19144)
ModificationTimestamp2024-11-11T20:49:51
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total2
OwnershipFee Simple
PossessionNegotiable
Property SubtypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount1735.0
Tax Assessed Value124000.0
Tax Lot155
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1900
Year Built SourceAssessor
ZoningCMX25

Exterior for 5116 Germantown Avenue

Building Area Total0.00
Car Parking Spaces
Land Assessed Value24800.00
Land Use CodeS30
Lot Dimensions17.00 x 135.00
Lot Size Acres0.05
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $445,000
MLS#PAPH2302588
List Date 12/04/2023
Property Type Commercial
Phone 703.929.4729
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