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Map
$775,000
●
Commercial -
In Contract
7205 GERMANTOWN AVE
PHILADELPHIA, PA 19119
Studio
0 Bath
$3,806
Estimated Monthly
$0
HOA / Fees
About This Property
Ideally located commercial mixed use property situated along a
high-traffic stretch of Germantown Avenue in Mount Airy available
now. Measuring 5880 square feet with 35 feet of frontage and four
parking spaces in the rear, this property has been gutted and
framed for its next owner. The spacious first floor contains
roughly 2100 square feet with 10 foot ceilings. The second floor is
framed for a one bedroom apartment and a two bedroom apartment,
while the third floor is framed for a one bedroom apartment. Floor
plans available upon request. Rent projections are: $4000/month for
the commercial space, $1400 for each of the one bedroom units and
$1850 for the two bedroom unit - bringing the estimated annual
gross rent to $103,800 per year. Zoned CMX2.5 and located within
close proximity to a Wawa, Wine & Spirits, Acme market and within
walking distance to the regional SEPTA's Chestnut Hill regional
rail. Schedule a tour and make this dream a reality.
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$678
HOA Dues
-
Year Built
1915
Listed By
Last updated: 3 months ago (Bright MLS #PAPH2312252)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 15, 2024 | In contract | - | |
In contract | |||
Jan 12, 2024 | Listed by KW Empower | $775,000 | |
Listed by KW Empower |
Property Highlights
Parking Details
Parking Features: Parking Lot
Total Garage and Parking Spaces: 4
Exterior Details
Property Information
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
Construction Materials: Other
Lot Information
Tidal Water: N
Lot Size Dimensions: 35.00 x 167.00
Lot Size Source: Assessor
Land Information
Land Assessed Value: $581,100
Financial Details
County Tax: $0
County Tax Payment Frequency: Annually
City Town Tax: $3,670
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $581,100
Tax Year: 2022
Tax Annual Amount: $8,134
Year Assessed: 2023
Utilities Details
Cooling Type: None
Heating Type: None
Cooling Fuel: None
Heating Fuel: None
Hot Water: None
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
Condo
3
Beds
3
Baths
2,260 ft²
$347/ft²
$785,000
Jan 28, 2022
$785,000
May 23, 2023
-
Sold
House
4
Beds
4
Baths
5,585 ft²
$152/ft²
$851,000
May 27, 2020
$851,000
Jul 29, 2020
-
Sold
House
5
Beds
3
Baths
2,703 ft²
$257/ft²
$695,000
Jun 20, 2022
$695,000
Jul 29, 2022
-
Sold
House
5
Beds
4
Baths
3,300 ft²
$215/ft²
$710,000
Sep 8, 2022
$710,000
Oct 26, 2022
-
Sold
House
5
Beds
3
Baths
2,723 ft²
$239/ft²
$649,500
May 19, 2022
$649,500
Aug 18, 2022
-
Sold
House
5
Beds
3
Baths
2,980 ft²
$210/ft²
$625,000
Sep 7, 2023
$625,000
Oct 18, 2023
-
Active
Condo
3
Beds
3
Baths
1,775 ft²
$434/ft²
$769,500
Jun 12, 2020
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
7205 Germantown Avenue
7205 Germantown Avenue, Philadelphia, PA 19119
- 1 Unit for Sale
About Northwest Philadelphia
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