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5007 GERMANTOWN AVENUE, PHILADELPHIA, PA 19144
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$585,000
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Property Details for 5007 GERMANTOWN AVENUE
Price
$585,000
Type
commercial/industrial
Year Build
1940
Lot Size
0.04
County
PHILADELPHIA
Tax
$2,168
MLS®️ Listing#
PAPH2248028
On exitrealty.com
546 days
Property Description
Lucrative Investment Opportunity: Remodeled Commercial Property in Prime Location. Are you an investor seeking to diversify your portfolio with a high-yielding, cash-flowing property? Look no further than this exceptional commercial building in the vibrant Germantown neighborhood of Philadelphia. Zoned CMX 2.5 for Commercial/Mixed Use, this property offers a unique blend of modern amenities and prime location, making it an attractive investment opportunity. Professionally renovated with modern taste and attention to detail wheelchair-accessible ramp, new windows, bathrooms, and brand-new central air systems in each unit. Consists of 3 units plus a full basement with high ceilings, offering versatile space 1 storefront and 2 apartments, currently fully occupied by a tenant at $5,000 per month
Situated in a thriving area surrounded by renowned educational institutions, including LaSalle University, Drexel University College of Medicine, and Thomas Jefferson University East Falls Campus. This property has been meticulously remodeled to cater to the needs of modern tenants, ensuring a steady stream of rental income and long-term appreciation. With its prime location and proximity to major universities, this investment offers excellent potential for future growth and value appreciation. Don't miss this opportunity to secure a high-yielding, cash-flowing asset in a desirable neighborhood. Contact us today to schedule a viewing and take the first step towards building a robust and diversified investment portfolio.
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- Cooling Information
- Central A/C
- Heating Information
- Central
- Water Features
- Public
Listing courtesy: Realty Mark Associates - 2153764444
IDX listing information is from various brokers who participate in IDX and provided courtesy of Bright MLS. Property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information contained on this website provided by MRIS is deemed reliable but not guaranteed ©2024 Bright, All Rights Reserved.
Last Updated: 2024-12-06 02:21:43
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$585,000
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EXIT ELEVATE REALTY
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