3035 Germantown Ave. Philadelphia, PA 19133 Philadelphia, Pennsylvania

$44,999
SKU: FSBO24158686
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