3035 Germantown Ave. Philadelphia, PA 19133 Philadelphia, Pennsylvania

$44,999
SKU: FSBO001
Property type: Multifamily
Area (Sq Ft)
2436
Rooms
10
Bathrooms
3
Bedrooms
5

The space

  • Land Size: 1054 Sq Ft
  • Year Built: 1917
  • Property Condition: Fixer-Upper
  • Structure Type: Triplex
  • Lot Size: 1054 SF
  • Gross SF: 2436
  • Year Built: 1917
  • Lot Width: 16'
  • Lot Depth: 66'
  • Parcel#: 871552710
  • Price per SF: $18
  • ARV: $125,000

Amenities

  • Patio

Description

3-story storefront with potential for 3-4 additional studio/one bedroom units in up and coming section of Germantown Avenue, just blocks from Temple and Saint Christopher’s Hospitals. There is a continual flow of traffic and easy street parking in this area ripe for development with large tracks of vacant land all around. Buy and hold, fix and rent or fix and flip. Storefront used to be a deli/cafeteria with a dining area and kitchen, however it could house any number of businesses or be turned into an apartment. This property has good bones and tons of potential for the right Investor or Contractor to rent or re-sell. Comps for similar finished properties in the area go for upwards of 150k with non-owner occupants being predominant. New Roof and some windows, dry basement with heater in good working order. Single service water/electric/gas and heat. Many unique original details still in tact, however Property Needs Complete Rehab/updating.

Comps:

2747 Germantown Ave:  Sold on 08/17/17 – $125,000

2745 Germantown Ave: Sold on 08/17/17 – $125,000

2644 Germantown Ave: Sold on 06/09/17 – $115,000

Contact the Agent

Rowen Giles

Director of Sales | New York Licensed Real Estate Salesperson
Rowen Giles is a New York Licensed Real Estate Salesperson and represents owners of single and multi-family residential homes, as well as apartment buildings and mixed-used commercial properties anywhere in the State of New York. When it comes to the complexities of selling real estate, no one is more qualified than Rowen. Prior to real estate, Rowen was a computer systems engineer and technology manager for 18 years working for small and large fortune 500 companies, including stints at Microsoft Corporation and the Federal Reserve Bank of New York. Rowen’s career in technology saw many challenges such as sizing large technical infrastructure, solving complex technology problems, and deploying sophisticated software solutions. Rowen met each challenge with success as a result of careful planning, organizing, directing and managing. Rowen is a results-driven and highly organized professional with strong attention to details. Once a property is on the market, Rowen applies advanced techniques to connect clients to thousands of buyers, investors, mortgage brokers, and real…