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1851 Germantown Avenue,  Philadelphia PA, 19122

(Active)
$2,699,000
|
10,400 sqft
|
MLS# PAPH2319430
Last Updated: 5/5/2024 1:04 PM
Description for 1851 Germantown Avenue Philadelphia, PA 19122
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!
Price
$2,699,000
PHILADELPHIA
10,400 (approx)
PAPH2319430
Active
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!
Listing Information
Property Type: Mixed Use, Business Opportunities, 3+ Story
0.09 Acres 10,400 (approx) 2019
3
Public
Public Sewer
7 Total
Neighborhood
Room Information
Interior Features
Electric Water Heater
Hardwood, Ceramic Tile
Central Air
Electric Heating, Forced Air
Smoke Detector(s)
Elevator
Exterior / Lot Features
On Street
64.00 x 90.00
Community Features
Smoke Detector(s)
Driving Directions
W Berks Street and Germantown Ave
Financial Considerations
881078516
$1,941
Listing Price History

Philadelphia Real Estate

Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania 19122 has a population of 1,615,184.

The median household income in Philadelphia, Pennsylvania 19122 is $46,607. The median household income for the surrounding county is $50,724 compared to the national median of $66,222. The median age of people living in Philadelphia 19122 is 37 years.

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Courtesy: Opus Elite Real Estate
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/5/2024 1:04 PM CST. 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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