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5155 Germantown Avenue,  Philadelphia PA, 19144

(Active)
$265,000
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MLS# PAPH829810
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Last Updated: 9/19/2019 4:19 PM
Description for 5155 Germantown Avenue Philadelphia, PA 19144
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 for6 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.
Price
$265,000
Germantown
PHILADELPHIA
PAPH829810
Active
Description
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 for6 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.
Listing Information
Property Type: Townhouse, Other
0.07 Acres 3O $41.41
1900 Mason
Germantown
Public Water Service
Public Sewer
4 Total
Neighborhood
School Information
District: The School District Of Philadelphia
Room Information
Interior Features
3
Exterior / Lot Features
Rubber
24.56 x 131.18
CMX 2.5
Driving Directions
Germantown Ave
Financial Considerations
$878
2019
Listing Price History

Philadelphia Real Estate

Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania 19144 has a population of 1,578,455.

The median household income in Philadelphia, Pennsylvania 19144 is $29,595. The median household income for the surrounding county is $36,996 compared to the national median of $49,877. The median age of people living in Philadelphia 19144 is 36 years.

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Courtesy: The People's Choice R E
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright BRIGHT, All Rights Reserved
This content last refreshed on 9/19/2019 4:19 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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