This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/38
5116 Germantown Avenue, Philadelphia, PA 19144
$445,000
5116 Germantown Avenue, Philadelphia, PA 19144View this property at 5116 Germantown Avenue, Philadelphia, PA 19144
5116 Germantown AvenuePhiladelphiaPA19144
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/38
Property Description
Turnkey Investment Opportunity: Remodeled Mixed-Use Property with Tenants. Attention investors seeking a lucrative addition to their portfolio! We present a rare opportunity to acquire a professionally renovated, mixed-use property in the heart of Philadelphia's thriving Germantown neighborhood. Zoned CMX 2.5 for Commercial/Mixed Use, this property offers a unique blend of modern amenities with tenants, ensuring immediate cash flow and long-term appreciation. Professionally renovated with modern taste and attention to detail, New windows, bathrooms, and brand-new central air system throughout. Consists of 2 units plus a full basement with high ceilings, offering versatile space 1 storefront currently operating as a daycare business, and 1 apartment unit Tenants in place, providing immediate cash flow. Prime location surrounded by renowned educational institutions, including LaSalle University, Drexel University College of Medicine, and Thomas Jefferson University East Falls Campus. Don't miss this chance to secure a high-yielding, cash-flowing property in a desirable neighborhood. Contact us today to schedule a viewing and take the first step towards building a robust and diversified investment portfolio.
Full Property Details
Full Property Details for 5116 Germantown Ave
General
- Price: $445,000
- Taxes: $1,735 (2023)
- Status: Active
- Type: Apartment
- MLS ID: PAPH2302588
- Updated: 5/18/2024
- Added to Site: 170 day(s) ago
Business
- Business Type: Day Care Facility, Professional, Apartment Building
Rooms
Bathrooms
- Restrooms: 4
Parking
- Parking Type: On Street
Location
- Area: 19144 (19144)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Driving Directions: Germantown Ave & E Ashmead St
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Stories/Levels: 0
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,350
- Lot Size Source: Assessor
- Lot Dimensions: 17.00 x 135.00
- Zoning: CMX25
Financial Considerations
- Assessment Year: 2023
- School Tax: $952
- City/TownTax: $783
- City/TownTax Freq: Annually
- Tax w/Assessment: $124,000
- Tax Amount: $1,735
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Lot Number: 155
Listed by Realty Mark Associates, Tahzib Bacchus
Get Pre-Approved Today
Schools
Schools serving 5116 Germantown Ave
School District:The School District Of Philadelphia
Rating | Name | Grades | Distance |
---|---|---|---|
5116 Pulaski Ave, Philadelphia, PA 19144 | K-5 | 0.5 mi | |
6100 Stenton Ave, Philadelphia, PA 19138 | 9-12 | 1.8 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 5116 Germantown Ave
Date
Details
Price
Change
Source
3/06/2024
Price Reduced
$445,000
-3.26%
MLS
3/05/2024
Price Reduced
$460,000
-1.08%
MLS
1/01/2024
Price Reduced
$465,000
-6.98%
MLS
12/04/2023
Listed
$499,900
1010.89%
MLS
10/22/2018
Sold
$45,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5116 Germantown Ave
Year
Property Taxes
Change
Tax Assessment
Change
2021
$2,401
38%
-100%
2023
$1,736
-28%
$124,000
-28%
2020
$2,401
1%
$171,500
1%
2019
$2,378
3%
$169,900
3%
2018
$2,310
-8%
$165,000
-8%
2017
$2,501
—
$178,700
—
2016
$2,501
4%
$178,700
—
2015
$2,395
—
$178,700
—
2014
$2,395
53%
$178,700
1017%
2013
$1,563
—
$16,000
—
Disclaimer: Historical tax 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 5116 Germantown Ave
5116 Germantown Avenue, Philadelphia, PA 19144 (MLS# PAPH2302588) is a Apartment property. 5116 Germantown Avenue is currently listed for $445,000 and was received on December 04, 2023. Want to learn more about 5116 Germantown Avenue? Do you have questions about finding other Apartment real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.