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Asking Price - $204,500
Days on Market - 149
4171 Germantown Avenue
Germantown
Philadelphia, PA 19140
Featured Agent
EveryHome Realtor
Asking Price
$204,500
Days on Market
149
# of Units
2
3 Bdrm Units
1
Acres
0.04
Interior SqFt
2,362
Age
109
Heating
N/A
Cooling
N/A
Water
Public
Sewer
Public
Garages
0
Taxes (2022)
2,031
Additional Details Below
EveryHome Agent
Views: 59
Featured Agent
EveryHome Realtor
Description
Welcome to an exceptional investment opportunity situated in the heart of Germantown Ave, Philadelphia! This distinguished property, zoned as CMX2, offers a blend of commercial and residential space, presenting an enticing prospect for savvy investors and developers. Nestled in the vibrant hub of Germantown Ave, this property enjoys high visibility and foot traffic, contributing to its commercial potential.The first floor boasts a long-term tenant occupying a well-established barbershop. With over 15 years of occupancy, this steady income source generates $1,050 per month, showcasing stability and reliability.The upper levels feature a bi-level apartment spanning the second and third floors. This versatile space comprises 3 bedrooms, a comfortable living area, an eat-in kitchen, and a full bathroom. Ideal for potential renters seeking a spacious and accommodating living arrangement in a bustling neighborhood.While the property may require some refurbishment and updates, it presents an exceptional investment opportunity. With the right vision and improvements, this property has the potential to increase its value significantly.Whether you're an investor looking to hold and generate steady rental income from the existing setup or a developer keen on rehabilitating and flipping the property for a substantial profit, this versatile space caters to various investment strategies.Located in a lively neighborhood with diverse businesses, restaurants, and amenities nearby, ensuring convenience and attraction for both commercial and residential occupants.The CMX2 zoning allows for a range of commercial uses, encouraging flexibility and diverse business opportunities for potential buyers. With its proximity to Germantown Ave, an area experiencing revitalization and growth, this property holds the promise of increased value over time.This property invites those with a discerning eye for real estate opportunities. Whether you aim to enhance its current offerings or reimagine its potential, the possibilities here are vast.Seize this chance to invest in a property with an established income stream, residential potential, and significant upside. Contact us today to explore this captivating opportunity on Germantown Ave and embark on a rewarding real estate venture!
Location
Driving Directions
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Listing Details
Summary
Architectural Type
•Straight Thru, Dwelling w/Separate Living Area, Split Level, Traditional, Transitional
Interior Features
Flooring
•Carpet, Ceramic Tile, Hardwood
Basement
•Poured Concrete, Brick/Mortar
Interior Features
•Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Recessed Lighting, Skylight(s), Tub Shower, Wood Floors
Exterior Features
Exterior Features
•Exterior Lighting, Flood Lights, Satellite Dish, Sidewalks, Street Lights, Brick, Roof, Masonry, Brick, Concrete
Utilities
Hot Water
•Electric, Natural Gas
Additional Utilities
•Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Electric: 100 Amp Service
Property History
Apr 4, 2024
Price Decrease
$205,000 to $204,500 (-0.24%)
Jan 14, 2024
Price Decrease
$210,000 to $205,000 (-2.38%)
Dec 2, 2023
Price Increase
$200,000 to $210,000 (5.00%)
Miscellaneous
Lattitude : 40.017956
Longitude : -75.154640
MLS# : PAPH2300684
Views : 59
Listing Courtesy: Celenia Martinez of Quality Real Estate-Broad St
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Notes
Page: © 2024 EveryHome, Realtors, All Rights Reserved.
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, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc.
Presentation: © 2024 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the Pennsylvania Real Estate Commission - License RB066839
Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
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.
Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.
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