This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$812,500
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
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!
Full Property Details
Full Property Details for 1854 Germantown Ave
General
- Sold For: $812,500
- Taxes: $10,498 (2023)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSPhilly
- MLS ID: PAPH2309472
- Added to Site: 814 day(s) ago
Parking
- Parking Features: Public, Unassigned
- Parking Type: On Street
Location
- Area: 19122 (19122)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Development Name: Norris Square
- Subdivision: Norris Square
- Cross Streets: Berks
- Driving Directions: Off 5th and Berks, west of American St.
- Location Details: Urban
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Dwelling with Rental
- Architectural Style: Dwelling with Rental
- Structure Type: Over Storefront
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Other
- Roof: Flat
- Stories/Levels: 0
- Square Feet: 4,572
- Sq. Ft. Source: Estimated
- Living Area: 4,572 Sq. Ft.
- Finished Above Grnd: 4,572 Sq. Ft.
- Year Built: 1920
- Year Built Source: Estimated
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
- 1 Bedroom Units: 4
Unit 1
- Unit Description: Unit 1
Unit 2
- Unit Description: Unit 2
- Bedrooms: 1
Unit 3
- Unit Description: Unit 3
- Bedrooms: 1
Unit 4
- Unit Description: Unit 4
- Bedrooms: 1
Unit 5
- Unit Description: Unit 5
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,750
- Lot Size Source: Estimated
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $185.7
- Assessment Year: 2023
- School Tax: $5,760
- City/TownTax: $4,737
- City/TownTax Freq: Annually
- Tax w/Assessment: $750,000
- Tax Amount: $10,498
- Tax Year: 2023
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 71
Get Pre-Approved Today
Schools
Schools serving 1854 Germantown Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Mckinley William School 2101 North Orkney Street, Philadelphia, PA 19122 | K-8 | 0.3 mi |
Kensington Creative & Performing Arts High School 1901 North Front Street, Philadelphia, PA 19122 | 9-12 | 0.6 mi |
Kensington Culinary Arts 2463 Emerald Street, Philadelphia, PA 19125 | 9-12 | 0.9 mi |
Kensington HS 2501 Coral Street, Philadelphia, PA 19125 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1854 Germantown Ave
Date
Details
Price
Change
Source
7/12/2024
Sold
$812,500
-4.3%
MLS
3/19/2024
Price Reduced
$849,000
-5.56%
MLS
2/21/2024
Price Reduced
$899,000
-5.27%
MLS
1/09/2024
Listed
$949,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1854 Germantown Avenue, Philadelphia, PA 19122 (MLS# PAPH2309472) is a Multi-Family property that was sold at $812,500 on July 12, 2024. This property was listed by Benjamin "Ben" Katz from our Old City Office.Want to learn more about 1854 Germantown Avenue? Do you have questions about finding other Multi-Family real estate for sale in West Kensington? You can browse all West Kensington real estate or contact a Coldwell Banker agent to request more information.



