Philadelphia, PA 19122,1441 GERMANTOWN AVE
Philadelphia, PA 19122,1441 GERMANTOWN AVE
Philadelphia, PA 19122,1441 GERMANTOWN AVE
Philadelphia, PA 19122,1441 GERMANTOWN AVE
Philadelphia, PA 19122,1441 GERMANTOWN AVE
Philadelphia, PA 19122,1441 GERMANTOWN AVE
Valerie Regan
Valerie Regan

Agent | License ID: 1974085

+1(856) 725-3895

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$ 470,000

$ 470,000

Est. payment | /mo

3,648 SqFt


$ 470,000

$ 470,000

Est. payment | /mo

3,648 SqFt

Key Details

Sold Price $470,000

Property Type Multi-Family

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 3,648 sqft

Price per Sqft $128

MLS Listing ID PAPH2369250

Sold Date 12/23/24

Style Other

Abv Grd Liv Area 3,648

Originating Board BRIGHT

Year Built 1875

Annual Tax Amount $5,628

Tax Year 2024

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 21.00 x 81.00

Property Description

COMMERCIAL TENANT IN PLACE. 310 and 308 JEFFERSON ST LOTS BESIDE PROPERTY ARE INCLUDED IN SALE PRICE. The first floor daycare is leased through May 2025, currently paying $1950/month. All other tenants are month-to-month!

The after repair value of this property cannot be overstated. Local rents are averaging $1500/month on the low end. This is an exceptionally located mixed-use commercial property situated in highly sought-after Fishtown - a five minute walk to Northern Liberties. Capitalize on this incredible investment opportunity with residential apartments on the 2nd and 3rd floors and a well-established commercial space on the first floor, which is currently operating as a daycare. Two half baths and a kitchenette are in place on this level. The residential units in the upper levels of the building all require updating. Tons of nearby businesses and restaurants give this property excellent visibility and foot traffic, presenting endless possibilities for any commercial space. Included in the price of this property are two adjacent parcels of land at 310 and 308 Jefferson Sts, which provide additional space for potential expansion, future development, or alternative uses. These parcels offer immense value and flexibility for a savvy investor, adding an additional 1000+ square feet to the size of the property. Total lot size and sqft in listing reflects all three parcels. Please note building is currently fully occupied with tenants. Property is eligible for Philadelphia's C-PACE Financing (over 100k) for clean energy projects.

Location

State PA

County Philadelphia

Area 19122 (19122)

Zoning CMX2

Interior

Hot Water Electric

Heating Wall Unit

Cooling Window Unit(s)

Flooring Tile/Brick, Vinyl

Fireplace N

Heat Source Natural Gas

Exterior

Utilities Available Water Available, Sewer Available, Electric Available, Phone

Water Access N

Roof Type Pitched

Accessibility None

Road Frontage City/County

Garage N

Building

Lot Description Corner, Additional Lot(s)

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871524410

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, VA, Negotiable, FHA, Conventional

Listing Terms Cash, VA, Negotiable, FHA, Conventional

Financing Cash,VA,Negotiable,FHA,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Victoria Adan • OCF Realty LLC - Philadelphia
Bought with NON MEMBER • Non Subscribing Office
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(856) 725-3895

soldbyvalerieregan@gmail.com

227 north ave, Hammonton, New Jersey, 08037, USA

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1441 GERMANTOWN AVE