Philadelphia, PA 19119 7132 Germantown Avenue

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Presented By: Elfant Wissahickon-Chestnut Hill
  • MLS# PAPH2450572
  • 02/27/2025
  • Request Tour
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  • Beds • 2

Home Details

Welcome to this well-maintained mixed-use property located in the heart of the Central Mount Airy Commercial Historic District. This remarkable building is one of a row of ten three-story brick buildings, designed and constructed by architect Frederick Fox in 1898. This property offers a blend of historical charm and modern functionality with a prime location making it an ideal investment opportunity. The first floor features a large commercial space, perfect for a variety of business ventures. It includes a kitchen, a private back office, and access to a basement with ample storage space. The commercial space has forced air heat and air conditioning. The property's utility setup is highly efficient, with separate electric and gas utilities for each unit. The second and third floors house spacious 1-bedroom apartments, each with residential leases in place. These upper-level units are designed for comfortable living with features such as gas cooking, in-unit stackable washer/dryers, split systems for AC and ample natural light. Additional amenities include a large rear shed providing extra storage space and a rear yard area with convenient alley access. Located in the vibrant Mount Airy neighborhood, this property benefits from its proximity to an array of shops, restaurants, and transportation options, ensuring convenience and a high quality of life for both commercial and residential tenants. Dont miss the opportunity to own a piece of Mount Airy's history while enjoying modern amenities and a prime location!
Presented By: Elfant Wissahickon-Chestnut Hill

Interior Features for 7132 Germantown Avenue

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
BasementConnecting Stairway, Unfinished, Workshop, Outside Entrance, Interior Access, Full, Front Entrance
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelNatural Gas, Electric
Heating Y/NYes
Hot WaterNatural Gas
Interior AmenitiesCeiling Fan(s), Floor Plan - Traditional

General for 7132 Germantown Avenue

Acceptable FinancingCash, Conventional
AccessibilityNone
AppliancesRefrigerator, Oven/Range - Gas, Oven/Range - Electric, Washer/Dryer Stacked
Architectural StyleOther
Cap Rate6.87
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCeiling Fan(s), Central A/C, Ductless/Mini-Split, Zoned
CountyPHILADELPHIA
DirectionsGermantown Ave between W Durham and Mount Pleasant
DisclosuresHistoric Property, One Unit-Owner Occupied, Prop Disclosure
ExclusionsTenant's property
Garage Y/NNo
HeatingHot Water, Other, Radiator, Forced Air, Heat Pump(s)
Historic Y/NYes
Lease TypeYearly
Location TypeUrban
Lot Size Square Feet1642.00
Lot Size UnitsSquare Feet
MLS Area19119 (19119)
ModificationTimestamp2025-04-09T14:44:56
MunicipalityPHILADELPHIA
Net Operating Income47725.00
New ConstructionNo
Number Of Units Total3
Number of Units Leased2
One Bedroom Units Count2
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 3
OwnerPaysInsurance, Water, Repairs, Trash Collection, Other
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG265.37
Property ConditionAverage, Good
Property SubtypeOther
Property TypeMulti-Family
Rent Control Y/NNo
RoofFlat
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
Security FeaturesFire Detection System
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Subdivision NameMT AIRY
Tax Annual Amount4570.0
Tax Assessed Value326500.0
Tax Lot133
Tax Year2025
Total Actual Rent55800.00
Total SQFT2619
TransportationBus Stop less than 1 mile, Commuter Rail Station less than 1 mile
Trash Expense500.00
Two Bedroom0
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built1898
Year Built SourceEstimated
ZoningCMX25

Exterior for 7132 Germantown Avenue

Exterior AmenitiesSidewalks, Street Lights
Foundation DetailsStone
Inclusions2x washer, 2x dryer, 3x refrigerator all in as-is condition at the time of settlement.
Land Assessed Value65300.00
Land Use CodeY50
Lot Dimensions16.00 x 104.00
Lot FeaturesRear Yard
Lot Size Acres0.04
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $695,000
MLS#PAPH2450572
List Date 02/27/2025
Property Type Multi-Family
Phone 703.929.4729
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