$812,500
$849,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
1854 GERMANTOWN AVE Philadelphia, PA 19122
4,572 SqFt
Key Details
Sold Price $812,500
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,572 sqft
Price per Sqft $177
Subdivision Norris Square
MLS Listing ID PAPH2309472
Sold Date 07/12/24
Style Dwelling with Rental
Abv Grd Liv Area 4,572
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $10,498
Tax Year 2023
Lot Size 1,750 Sqft
Acres 0.04
Property 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!
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning CMX2
Rooms
Basement Other
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Dwelling with Rental
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 183164100
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Charles A Sperber • Coldwell Banker Hearthside Realtors