5007 Germantown Avenue, Philadelphia, PA 19144-5900 $585,000
Interior Sq. Ft: 3,881
Acreage: 0.04
Age:84 years
Taxes: $2,168
Design/Type:
Other
Description
Lucrative Investment Opportunity: Remodeled Commercial Property in Prime Location. Are you an investor seeking to diversify your portfolio with a high-yielding, cash-flowing property? Look no further than this exceptional commercial building in the vibrant Germantown neighborhood of Philadelphia. Zoned CMX 2.5 for Commercial/Mixed Use, this property offers a unique blend of modern amenities and prime location, making it an attractive investment opportunity. Professionally renovated with modern taste and attention to detail wheelchair-accessible ramp, new windows, bathrooms, and brand-new central air systems in each unit. Consists of 3 units plus a full basement with high ceilings, offering versatile space 1 storefront and 2 apartments, currently fully occupied by a tenant at $5,000 per month Situated in a thriving area surrounded by renowned educational institutions, including LaSalle University, Drexel University College of Medicine, and Thomas Jefferson University East Falls Campus. This property has been meticulously remodeled to cater to the needs of modern tenants, ensuring a steady stream of rental income and long-term appreciation. With its prime location and proximity to major universities, this investment offers excellent potential for future growth and value appreciation. Don't miss this opportunity to secure a high-yielding, cash-flowing asset in a desirable neighborhood. Contact us today to schedule a viewing and take the first step towards building a robust and diversified investment portfolio.
Home Assoc: No
Condo Assoc: No
Basement:
Pool: No Pool
Features
Utilities
Central Heating, Natural Gas, Central A/C, Natural Gas, Public Water, Public Sewer
Garage/Parking
None
Interior
Accessibility - Ramp - Main Level
Exterior
Masonry
Select a school from the following list. Schools are grouped by school type.
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Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (136 schools)
Public Middle (28 schools)
Public High (56 schools)
Private (118 schools)
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This report is a detailed community overview for Philadelphia (19144), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 34
- Average salary of people in this community: $43,662
Community Summary
- Population Density (ppl / mile): 12,730
- Household Size (ppl): 2.25
- Households w/ Children: 50%
Housing Inventory
- Owned: 7,185 (32.2%)
- Rented: 11,345 (50.8%)
- Vacant: 3,788 (17.0%)
- Total: 22,318
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 2.5%
- Some High School: 12.2%
- High School Graduate: 28.3%
- Some College: 18.1%
- Associate Degree: 6.7%
- Bachelor's Degree: 17.5%
- Graduate Degree: 14.8%
Income by dollar range
Median Income: $34,075
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $734
- One Bedroom: $847
- Two Bedroom: $1,076
- Three Bedroom: $1,080
- Four Bedroom: $1,090
© 2024 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-234-6038
Listing Courtesy of: Realty Mark Associates , (215) 376-4444
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 in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. 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.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 12/23/2024.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.