With a surprising over $5500 per month in revenue, this is a cash cow! Welcome to 5027 Germantown Ave. Unit 1 is a Barbershop that has been operating in the community for years and intends to continue to do so. Units 2 and 3 are both Large 3 bedroom apartments occupied with new 2 year leases. This property is turn key and will provide stable income for years to come. Photos of the units are from before tenants move in just two months ago but units were renovated and are in good condition. Current rental license is available to confirm zoning but its always recommended that the buyer should also conduct their own due diligence. Germantown Avenue is a developing community, perfect for a prospective investor.
MLS# | PAPH2377822 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1940 |
Days On Site | 84 |
Listing Provided By | Tesla Realty Group, LLC | Ashley Collins |
SQ Feet | 3,279 |
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Zoning | CMX25 |
Acreage | 0.05 |
State | PA |
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County | Philadelphia |
City | Philadelphia |
Zip Code | 19144 |
Area | 19144 |
Community Name | Germantown |
School District | The School District Of Philadelp |
Listing VS Median (in Germantown) | |
Price: $480,000 low | high Med: $127,400 SqFt: 3,279 low | high Med: 1,523 $ / SqFt: $146 low | high Med: $85 On Site: 84 low | high Med: 2267.500000 |