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MLS® ID: PAPH785370

5155 GERMANTOWN AVENUE

PHILADELPHIA, Pennsylvania, 19144

$290,000 Active
  • 4340 SQFT
This corner CMX 2 property on busy Germantown Ave will be a cash cow. Renovation was started but this building still needs full rehab. Demo, Framing, Roof, and windows all complete. STILL NEEDS TO BE FINISHED. APPROVED zoning attached for 6 units. 1 commercial unit, 3 one bed units, and 2 two bed units. Gross rental income once the project is complete will be approximately $76,800/year. With taxes under $1,000/year and eligible for a 10 year tax abatement, this building will produce great cash flow. Drawings are completed. Mechanical drawings for HVAC, plumbing, and electric are all completed.
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Listing courtesy of The People's Choice Real Estate

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    19144
  • Office name
    The People's Choice Real Estate
  • Subdivision
    GERMANTOWN
  • SQFT
    4340
  • Bedrooms
    0
  • Property type
    Commercial Sale
  • Zoning type
    CMX2.
  • School district
    THE SCHOOL DISTRICT OF PHILADELPHIA
  • Year built
    1900
  • Lot size
    0.07
  • Sewer
    Public Sewer
  • Heating
    None
  • Agent name
    Joshua Hertz
  • Purchase Type
    Active
  • Price Range
    $200k-$300k
  • Square Feet Range
    4000-5000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    PEOPLCHR
  • Agent ID
    3177444

Location

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