4171 Germantown Avenue Philadelphia, PA $ 187,500
4171 Germantown Avenue
$ 187,500
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4171 Germantown Avenue

Philadelphia, PA, 19140
$ 187,500
Baths0.0 Sq 2,362

Monthly Estimate*

$ 1,246

4171 Germantown Avenue, Philadelphia, PA 19140 - Image 1
Studio

Commercial Property for sale in Philadelphia, PA

for $187,500. This 2,362 square foot building was built in 1915 on a lot size of 0.04.

Welcome to an exceptional investment opportunity situated in the heart of Germantown Ave, Philadelphia! This distinguished property, zoned as CMX2, offers a blend of commercial and residential space, presenting an enticing prospect for savvy investors and developers. Nestled in the vibrant hub of Germantown Ave, this property enjoys high visibility and foot traffic, contributing to its commercial potential.The first floor boasts a long-term tenant occupying a well-established barbershop. With over 15 years of occupancy, this steady income source generates $1,050 per month, showcasing stability and reliability.The upper levels feature a bi-level apartment spanning the second and third floors. This versatile space comprises 3 bedrooms, a comfortable living area, an eat-in kitchen, and a full bathroom. Ideal for potential renters seeking a spacious and accommodating living arrangement in a bustling neighborhood.While the property may require some refurbishment and updates, it presents an exceptional investment opportunity. With the right vision and improvements, this property has the potential to increase its value significantly.Whether you're an investor looking to hold and generate steady rental income from the existing setup or a developer keen on rehabilitating and flipping the property for a substantial profit, this versatile space caters to various investment strategies.Located in a lively neighborhood with diverse businesses, restaurants, and amenities nearby, ensuring convenience and attraction for both commercial and residential occupants.The CMX2 zoning allows for a range of commercial uses, encouraging flexibility and diverse business opportunities for potential buyers. With its proximity to Germantown Ave, an area experiencing revitalization and growth, this property holds the promise of increased value over time.This property invites those with a discerning eye for real estate opportunities. Whether you aim to enhance its current offerings or reimagine its potential, the possibilities here are vast.Seize this chance to invest in a property with an established income stream, residential potential, and significant upside. Contact us today to explore this captivating opportunity on Germantown Ave and embark on a rewarding real estate venture!

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Commercial Active

Price

$ 187,500

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,031

Style

Apartment Building,,Hair Salon and Spa

Lot Size

0.04

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2298302

Features
Interior
Heating Fuel Natural Gas Electric
Flooring Hardwood Other
Hot Water Electric Natural Gas
Total Stories 3
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N N
Total Restrooms 2
Entry Level 1
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General
Sewer Public Sewer
Heating Radiator
Cooling None
Utilities Cable TV Available Electric Available Natural Gas Available Phone Available Sewer Available Water Available
Possession 0-30 Days CD Immediate
Roof Flat
Zoning CMX2
Security Features Carbon Monoxide Detector(s) Smoke Detector
Construction Materials Masonry Brick Other Concrete
Exclusions Barbershop tenants business belongings
Year Built 1915
Electric 100 Amp Service
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Business Type Apartment Building Other Hair Salon and Spa
Accessibility 2+ Access Exits Other
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name GERMANTOWN (EAST)
Possible Use Apartment Building Apartments Barber/Beauty Bed & Breakfast Commercial Convenience Store Day Care Development Dry Cleaner Florist/Nursery Food & Beverage Food Market Medical/Dental Mixed Use Multi-Fa
Water Access Y/N N
Status ACTIVE
Directions use gps
City PHILADELPHIA
Buyer Agent Compensation 3
Disclosures Lead Free Paint Prop Disclosure
NumberOfUnitsTotal 2
MLS Area 19140 (19140)
Lot Size Units Square Feet
Lot Size Square Feet 1726.00
Waterfront Y/N N
Street Name GERMANTOWN
Tax Annual Amount 2031.0
Property Condition Average Good
Price Per Sq Ft Total 79.38
Acceptable Financing Cash Conventional
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 181
Standard Status Active
Year Built Source Assessor
Tax Lot 461
Total Actual Rent 12600.00
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Water Source Public
Inclusions Stove
Type of Parking On Street
Foundation Details Brick/Mortar Slab Other
Water View Y/N N
Building Area Total 2362.00
Lot Dimensions 17.00 x 103.00
Lot Size Acres 0.04
Lot Size Source Assessor
Land Assessed Value 29020.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 4171
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* Excluded Features
List By
Quality Real Estate-Broad St

Broker

celeniam211@gmail.com

Email

Affordability Calculator

$1,415
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,246
Monthly Property Taxes
$169
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/30/2024$187,500 -6.20% Price Down
5/28/2024$199,900 -2.25% Price Down
4/4/2024$204,500 -0.24% Price Down
1/14/2024$205,000 -2.38% Price Down
12/2/2023$210,000 Listed Price

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4171 Germantown Avenue, Philadelphia, PA, 19140 is a Commercial Property for sale at $187,500 with 2,362 sqft and a lot size of 0.04. 4171 Germantown Avenue is a studio with 0.0 baths and was built in 1915. The property's zip code is 19140 which is in Philadelphia, PA