Bought with Allen Borovich • RE/MAX Access
$675,000
$750,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
6,098 Sqft Lot
SOLD DATE : 01/06/2026
Key Details
Sold Price $675,000
Property Type Commercial
Sub Type Services
Listing Status Sold
Purchase Type For Sale
Subdivision Germantown
MLS Listing ID PAPH2482430
Sold Date 01/06/26
Year Built 1915
Available Date 2025-05-30
Annual Tax Amount $3,163
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 45.00 x 142.00
Property Sub-Type Services
Source BRIGHT
Property Description
Opportunity knocks in Germantown! This expansive 4,520 Sq/Ft two-story commercial building is packed with potential for investors looking to acquire a turn key investment property. Currently, the building is anchored by a reliable daycare tenant generating $7,100/month in rental income—providing immediate cash flow from day one! The daycare is licensed to hold up to 60 kids. The tenant is on a 10 year lease that will expire in September 2028 and is responsible to pay the Real Estate taxes, Insurance, U&O tax, and all utilities. They are also responsible for maintaining the interior of the property, HVAC system, roof, and structure.
Perfectly situated on bustling Germantown Ave with easy access to public transportation, local shops, and commuter routes, this property is a cornerstone investment in one of Philadelphia's most historic and revitalizing neighborhoods. Don't miss the chance to own a high-visibility asset in a growing market.
Location
State PA
County Philadelphia
Area 19144 (19144)
Zoning CMX2.5
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available
Water Access N
View Street
Roof Type Flat
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 884351670
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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