See Home Value
$620,000
Multifamily - Off Market

2013 GERMANTOWN AVE

PHILADELPHIA, PA 19122
bedrooms
Studio
bathrooms
0 Bath
$3,045
Estimated Monthly
$0
HOA / Fees

About This Property

NEW CONSTRUCTION - Two Duplexes back-to-back on Germantown Ave and N. Randolph St. Located in one of the strongest and booming Multifamily Markets in 19122 with new construction going on all around. Each building will have 2 units and are for sale for $620,000 each. Great opportunity for first time home buyer, Investor, or 1031 exchange. Live in one and rent the other out or receive rental income from both units. Or buy both duplex's and have rental income from 4 apartments in one location. Each building has a lower-level apartment with 2 bedrooms and 3 Baths and a upper level apartment with 3 bedrooms, 3 full baths, and large roof deck with great views of the downtown skyline. Proforma rent is $2,300 for the upper unit and $2,000 for the lower or $51,600 per year for each duplex, $103,200/year from both duplexes. All apartments will have contemporary styling, ample closets, and a washer/dryer hook up in each apartment. They are in a great location for commuters, Close proximity to Temple University and the Septa Regional Rail to Center City. Property is currently under construction with a June 2024 delivery date. 10-YEAR TAX ABATEMENT to Keep your operating cost LOW.
Unit Size
-
Days on Market
-
Land Size
0.02 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$68
HOA Dues
-
Year Built
-
Last updated: 9 days ago (Bright MLS #PAPH2345572)

Price History

Date / Event Date Event Price
Apr 21, 2024 Listed by Keller Williams Real Estate - Bensalem $620,000
Listed by Keller Williams Real Estate - Bensalem
Oct 4, 2023 Sold $245,000
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 907
  • Lot Size Depth Feet: 570
  • Lot Size Frontage Feet: 160
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Land Acres: 0.021
  • Standard Land Use Code: Commercial-vacant land
  • Legal Description 1: 96 N NORRIS ST

Ownership

  • Current Owner : GOLDEN BRANDS INC
  • Previous Owner : H & M DEVELOPMENTS LLC
  • Owner Before Previous Owner: H & M DEVELOPMENTS LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 015600

Zoning

  • Zoning: CMX2

Geography

  • Assessors Map Reference: 027N220037
  • Account Number: 198740
  • District: WARD #18
  • Parcel: 88-5198740
  • Block: 27N22
  • Lot: 37
  • Municipality: PHILADELPHIA
  • Latitude: 39.9819
  • Longitude: -75.1436

    Address

  • Full Address: 2013 Germantown Ave
  • Address - House Number: 2013
  • Address - Street Name: Germantown
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C022
  • 4-Digit Zip Code: 1421
  • Zip Code: 19122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $206
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 18

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $819,500
  • First Open Lien Mortgage Lender: HYPERION BANK
  • First Open Lien Mortgage Recording Date: Oct 04, 2023
  • First Open Lien Mortgage Loan Amount: $819,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $14,700
  • Market Land Value: $14,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,700
  • Assessed Land Value: $14,700

    Sales

  • Current Sale Contract Date: Sep 12, 2023
  • Current Sale Recording Date: Oct 04, 2023
  • Current Sale Transaction ID: 11914259879
  • Current Sale Price: $245,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 54230193
  • Previous Sale Recording Date: Mar 21, 2022
  • Previous Sale Contract Date: Dec 22, 2020
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HYPERION BANK
  • First Mortgage Transaction Date: Oct 04, 2023
  • First Mortgage Loan Amount: $819,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
Stu
-
-
$629,000 Jan 31, 2024
$629,000 Mar 5, 2024
-
Townhouse
Stu
-
-
$570,000 Nov 30, 2023
$570,000 Feb 21, 2024
-
Townhouse
3 Beds
3 Baths
2,385 ft²
$254/ft²
$605,000 Apr 26, 2023
$605,000 May 19, 2023
$323/mo
Townhouse
3 Beds
3 Baths
2,750 ft²
$201/ft²
$552,500 Sep 5, 2022
$552,500 Mar 20, 2023
$323/mo
Townhouse
3 Beds
3 Baths
3,000 ft²
$192/ft²
$575,000 Oct 20, 2023
$575,000 Jan 15, 2024
$323/mo
Townhouse
3 Beds
3 Baths
2,312 ft²
$272/ft²
$630,000 Jan 17, 2020
$630,000 May 26, 2021
$246/mo
Multifamily
Stu
-
-
$545,000 Feb 29, 2024
-
-
Multifamily
Stu
-
-
$599,900 Oct 2, 2023
-
-
Multifamily
Stu
-
-
$599,000 Feb 5, 2024
-
-
Multifamily
Stu
-
-
$609,900 Sep 30, 2022
-
-
Multifamily
Stu
-
-
$629,900 Mar 4, 2024
-
-
Townhouse
Stu
-
-
$621,000 Feb 28, 2024
-
-

About North Philadelphia


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Frequently Asked Questions

When was property at 2013 Germantown Avenue built and last sold?
The property at 2013 Germantown Avenue was built in and last sold on Sep 12, 2023 for $245,000.
How much is this home worth?
The estimated value of the home located at 2013 Germantown Avenue is $626,200.
What are some comparable homes to 2013 Germantown Avenue?
There are currently no comparable homes to 2013 Germantown Avenue.

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