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1851 Germantown Avenue, Philadelphia, PA 19122
$2,699,000
1851 Germantown Avenue, Philadelphia, PA 19122View this property at 1851 Germantown Avenue, Philadelphia, PA 19122
1851 Germantown AvenuePhiladelphiaPA19122
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Property Description
Introducing an exceptional investment opportunity in a prime location! This state-of-the-art mixed-use building, constructed in 2019 with 6 YEARS TAX ABATEMENT still left, presents a total of 7 units, featuring a ground floor commercial space and 6 individual residential condos. The ground floor offers a versatile commercial space, ideal for retail, office, or dining establishments, providing endless possibilities for entrepreneurs and business owners. On the second floor, you'll discover (2) spacious 2-bedroom/2-bathroom condos and (1) 1-bedroom/1.5-bathroom condo, offering residents modern and comfortable living spaces tailored to urban lifestyles. Ascending to the third floor, you'll find (2) additional 2-bedroom/2-bathroom condos and (1) cozy 1-bedroom/1.5-bathroom condo, each designed with contemporary finishes and thoughtful layouts to maximize comfort and convenience. All units within the building are individual condos, each with its own documentation, ensuring ease of ownership and management for prospective investors. Additionally, each unit is individually metered for utilities, providing efficient and cost-effective living arrangements for residents. Whether you're seeking a prime commercial space or modern residential condos, this mixed-use building offers an unparalleled investment opportunity in a thriving neighborhood. Don't miss out on this chance to own a lucrative asset in a desirable location. Schedule your viewing today!
Full Property Details
Full Property Details for 1851 Germantown Ave
General
- Price: $2,699,000
- Taxes: $1,941 (2022)
- Status: Active
- Type: Commercial
- MLS ID: PAPH2319430
- Updated: 4/25/2024
- Added to Site: 71 day(s) ago
Business
- Business Type: Day Care Facility
Interior
- Flooring: Hardwood, Ceramic Tile
Rooms
Bathrooms
- Restrooms: 2
Additional Information
- Security/Safety: Sprinkler System - Indoor, Smoke Detector, Carbon Monoxide Detector(s), Main Entrance Lock
Parking
- Parking Type: On Street
Location
- Area: 19122 (19122)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Cross Streets: W Berks Street
- Driving Directions: W Berks Street and Germantown Ave
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry, Other
- Roof: Flat
- Ceiling Height: 12' to 15'
- Elevator(s ): 1
- Stories/Levels: 3
- Year Built: 2019
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,896
- Lot Size Source: Assessor
- Lot Dimensions: 64.00 x 90.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $259.52
- Assessment Year: 2023
- School Tax: $1,065
- City/TownTax: $876
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $138,700
- Tax Amount: $1,941
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: Fee Simple
- Investment: Yes
- Lot Number: 32
Listed by Opus Elite Real Estate, Anthony R Castaneda
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Schools
Schools serving 1851 Germantown Ave
School District:The School District Of Philadelphia
Rating | Name | Grades | Distance |
---|---|---|---|
2101 N Orkney St, Philadelphia, PA 19122 | K-8 | 0.3 mi | |
1901 N Front St, Philadelphia, PA 19122 | 9-12 | 0.5 mi | |
2463 Emerald St, Philadelphia, PA 19125 | 9-12 | 0.9 mi | |
2051 E. Cumberland Street, Philadelphia, PA 19125 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1851 Germantown Ave
Date
Details
Price
Change
Source
4/25/2024
Price Reduced
$2,699,000
-0.04%
MLS
2/21/2024
Listed
$2,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1851 Germantown Ave
1851 Germantown Avenue, Philadelphia, PA 19122 (MLS# PAPH2319430) is a Commercial property. 1851 Germantown Avenue is currently listed for $2,699,000 and was received on February 21, 2024. Want to learn more about 1851 Germantown Avenue? Do you have questions about finding other Commercial real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.