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Key Details
Sold Price $359,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,273 sqft
Price per Sqft $84
Subdivision Germantown
MLS Listing ID 1003129560
Sold Date 05/04/16
Style Other
HOA Y/N N
Abv Grd Liv Area 4,273
Originating Board TREND
Year Built 1915
Annual Tax Amount $3,887
Tax Year 2016
Lot Size 10,602 Sqft
Acres 0.24
Lot Dimensions 46X233
Property Description
5222-5224 Germantown Avenue is an excellent, positive cash flow investment opportunity!!! Located in a historic part of the Germantown neighborhood, on a quarter acre lot, this well maintained building dates all the way back to 1802. The first floor is a storefront, currently rented to a solon, with five spacious, highly detailed apartments upstairs that provide steady, long term tenants and excellent rental income. In addition, all units are self contained with their own separate gas and electric meters. This assemblage also offers off street parking for the tenants, and a separate rented garage. Surrounded by other historic lovely homes and stores in this active commercial corridor, this savvy property is a gem in a bustling area with old world charm. Priced to sell and a great investment, check this property out ASAP, you won't be disappointed! All this property does is make money! Earn 22%+ return on your money invested.
Location
State PA
County Philadelphia
Area 19144 (19144)
Zoning RSA3
Rooms
Other Rooms Primary Bedroom
Basement Full
Interior
Hot Water Natural Gas
Heating Gas
Cooling None
Fireplace N
Heat Source Natural Gas
Laundry None
Exterior
Garage Spaces 6.0
Water Access N
Accessibility None
Total Parking Spaces 6
Garage Y
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881059251
Ownership Fee Simple
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Bought with Michael R. McCann • BHHS Fox & Roach-Center City Walnut