Price Reduction
Listed By:
Compass Pennsylvania, LLC
Address
2745 Germantown Avenue, Philadelphia, PA
Price
$ 375,000
Property Attributes
  • MLS#PAPH2342212
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19133
  • NeighborhoodPhiladelphia
  • Zip19133
  • StyleStraight Thru
  • Year Built1915
  • Taxes$ 1542
  • Price$ 375,000
  • Bedrooms1
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.03 Acres
Data Source:
Bright MLS
Property Description

Welcome to 2745 Germantown Avenue, a fantastic commercial mixed-use property located in a bustling business corridor. This fully occupied building offers a unique opportunity for savvy investors. The main level and fully finished basement are currently being used as a daycare, with separate gas and central air. The second floor houses two ensuite apartments, each with a full bathroom and a shared kitchen. On the third floor, there's a cozy 1 bedroom, 1 bathroom apartment with its own kitchen. Generating a solid $3350 in monthly rental income, this property has seen recent updates such as new flooring, bathrooms, and kitchens, adding to its functionality. Don't miss out on this amazing investment opportunity at 2745 Germantown Avenue. Schedule a showing today!

Price History
4/12/2024 Listed $379,000
5/7/2024 2% - $375,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central A/C,Window Unit(s)
Possession Subject to Existing Lease
Roof Flat
Zoning CMX2
Architectural Style Straight Thru
Construction Materials Masonry
Exclusions Refrigerator,W/D (in daycare),Tenants' Personal Property
Year Built 1915
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
OwnerPays Water,Trash Collection
Accessibility None
County PHILADELPHIA
New Construction No
Property Type Multi-Family
Subdivision Name PHILADELPHIA (NORTH)
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Total Rooms 3
Status ACTIVE
Directions Use GPS
ModificationTimestamp 2024-05-18T10:56:34
City PHILADELPHIA
Buyer Agent Compensation 2.5
Total Units 3
MLS Area 19133 (19133)
Lot Size Square Feet 1112.00
Tax Assessed Value 110200.0
Waterfront Y/N No
Number of Units Leased 4
Street Name GERMANTOWN
Tax Annual Amount 1542.0
Structure Type Interior Row/Townhouse
Single Room Units Count 2
One Bedroom Units Count 1
Other Units Unit 1,Unit 2,Unit 4,Unit 3
Price Per Sq Ft Total 156.77
Acceptable Financing Cash,Conventional,FHA,FHA 203(k),VA
Vacation Rental Y/N No
Total SQFT 2392
Days on Market 38
Location Type Urban
Standard Status Active
Year Built Source Assessor
Tax Lot 39
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric,Natural Gas
Basement Fully Finished
Hot Water Natural Gas,Electric
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix AVENUE
Central Air Y/N Yes
LivingAreaSource Assessor

Exterior Features

Pool No Pool
Water Source Public
Inclusions Refrigerator (2nd floor)
Type of Parking On Street
Land Use Code Y50
Foundation Details Stone
Water View Y/N No
Lot Dimensions 15.00 x 74.00
Lot Size Acres 0.03
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 22040.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19133

Price
AVG $470K
$380K
Taxes
AVG $1,603
$1,542
Visits
AVG 267
100
Data Provided by Inside Real Estate®
Year Built
AVG 1951
1915