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30
Map
$849,000
●
Multifamily -
In Contract
1854 GERMANTOWN AVE
PHILADELPHIA, PA 19122
Studio
0 Bath
$4,169
Estimated Monthly
$0
HOA / Fees
About This Property
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!
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!
Unit Size
-
Days on Market
-
Land Size
0.04 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1920
Listed By
Last updated: 25 days ago (Bright MLS #PAPH2309472)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 4, 2024 | In contract | - | |
In contract | |||
Mar 19, 2024 | Price Decreased |
$849,000
↓ $50K
(5.6%)
|
|
Price Decreased | |||
Feb 21, 2024 | Price Decreased |
$899,000
↓ $50K
(5.3%)
|
|
Price Decreased | |||
Jan 9, 2024 | Listed by Coldwell Banker Realty | $949,000 | |
Listed by Coldwell Banker Realty |
Property Highlights
Parking Details
Parking Features: On Street
Interior Details
Interior Information
Living Area Square Feet Source: Estimated
Basement Information
Has Basement
Exterior Details
Property Information
Ownership Interest: Fee Simple
Year Built Source: Estimated
Building Information
Other Structures: Above Grade, Below Grade
Roof: Flat
Structure Type: Over Storefront
Construction Materials: Masonry
Pool Information
No Pool
Lot Information
Tidal Water: N
Lot Size Source: Estimated
Land Information
Land Assessed Value: $750,000
Financial Details
City Town Tax: $4,737
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $750,000
Tax Year: 2023
Tax Annual Amount: $10,498
Year Assessed: 2023
Utilities Details
Cooling Type: None
Heating Type: Radiator
Cooling Fuel: None
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Townhouse
4
Beds
4
Baths
3,000 ft²
$251/ft²
$752,000
Jan 20, 2023
$752,000
Feb 17, 2023
-
Townhouse
4
Beds
5
Baths
2,900 ft²
$310/ft²
$900,000
Mar 21, 2023
$900,000
Jun 6, 2023
$150/mo
Townhouse
3
Beds
4
Baths
3,550 ft²
$215/ft²
$765,000
Nov 2, 2021
$765,000
Mar 1, 2024
$64/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/17/2023
|
|
Studio
|
-
|
4572 ft²
|
$1,195,000
Studio
-
4572 ft²
|
-
-
|
-
|
Bridget Silver
Keller Williams Philly
|
09/17/2019
|
|
Studio
|
-
|
4572 ft²
|
$1,250,000
Studio
-
4572 ft²
|
-
-
|
-
|
-
|
Building Info
1854 Germantown Avenue
1854 Germantown Avenue, Philadelphia, PA 19122
- 1 Unit for Sale