Attention Savvy Investors, this 3 story, newly renovated Y50 zoned, mixed use building is a cash cow! The apartments currently bring in $1,700.00/month and the store front could easily rent for $1,200.00/month. All utilities are separate, and there is nothing to do except collect the cash! The apartments are newly renovated featuring durable hardwood laminate flooring, ultra kitchens with stainless appliances, modern tile bathrooms and gas heat. The apartment tenants are on month to month leases, perfectly suited for an owner occupant. Expenses are very low, and this part of Germantown Avenue is bustling with activity. When fully rented, this building should net a 12% cap rate. Do not let this lucrative investment opportunity pass you by, Make your Move today!
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Location
3836 Germantown Ave, Philadelphia, PA 19140
Status
Sold
Property Amenities
Interior
AppliancesElectric Water Heater
Total Bedrooms:1
Area & Lot
Lot Area1,120 Sq.Ft.
Living area2,116 Sq.Ft.
MLS® IDPAPH2030276
Year Built1940
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
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