4171 Germantown Avenue, Philadelphia, PA 19140-2947 $187,500
Interior Sq. Ft: 2,362
Acreage: 0.04
Age:109 years
Taxes: $2,031
Subdivision: Germantown
Design/Type:
Interior Row/Townhouse
Description
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!
Home Assoc: No
Condo Assoc: No
Buyer Agency Comp*: 3 % Of Gross
Basement: Y
Pool: No Pool
Elem. School: Edward T Steel SchoolMid. School: Grover Cleveland SchoolHigh School: Simon Gratz
Features
Utilities
90% Forced Air, None, None, None, Hot Water - Electric, Hot Water - Natural Gas, Public Water, Public Sewer, 100 Amp Service, Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available
Garage/Parking
On Street
Interior
Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Poured Concrete , Carpet Flooring, Ceramic Tile Flooring, Hardwood Flooring, , Dry Wall, Paneled Walls, Accessibility - 2+ Access Exits, Carbon Monoxide Detector(s), Smoke Detector
Exterior
Brick/Mortar Foundation, Flat Roof, Brick Exterior, Concrete Exterior, Masonry, , Brick Porch/Deck, Roof Deck, Exterior Lighting, Flood Lights, Other, Satellite Dish, Sidewalks, Street Lights
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (142 schools)
Public Middle (30 schools)
Public High (63 schools)
Private (112 schools)
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This report is a detailed community overview for Philadelphia (19140), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 37
- Average salary of people in this community: $29,707
Community Summary
- Population Density (ppl / mile): 16,926
- Household Size (ppl): 2.71
- Households w/ Children: 69%
Housing Inventory
- Owned: 9,443 (41.9%)
- Rented: 9,368 (41.6%)
- Vacant: 3,708 (16.5%)
- Total: 22,519
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 11.5%
- Some High School: 17.2%
- High School Graduate: 41.9%
- Some College: 16.6%
- Associate Degree: 4.2%
- Bachelor's Degree: 5.9%
- Graduate Degree: 2.7%
Income by dollar range
Median Income: $22,790
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $566
- One Bedroom: $698
- Two Bedroom: $868
- Three Bedroom: $962
- Four Bedroom: $950
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Contact Information
Schedule an Appointment to See this Home
Contact our Customer Service Center
or call us at 302-234-5270
Listing Courtesy of: Quality Real Estate-Broad St , (215) 457-2600
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 7/19/2024.