StatusAccepting Backup Offers (ACTIVE UNDER CONTRACT)
About 1854 Germantown Ave
A wonderful opportunity only a few blocks from N. American St in a growing area! 4 residential units + 1 first-floor commercial space make this occupied mixed-use building a very solid investment with immediate cash flow. Stabilized with high CAP rate. The free standing building allows natural light from all sides. Each residential unit has restored hardwood floors and unique character throughout. Commercial space recently signed a two-year lease. Building total rent roll $86,000+/yr. Residential leases established over multiple years of steady rental history. Schedule your showing today!
Property Details
Property Features
Property Information:
Architectural Style: Dwelling with Rental
Year Built: 1920
Living Area: 4,572 SqFt
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (215) 923-7600
Listing Agent: Benjamin Katz
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Parking: Public, Unassigned, On Street
Lot Features
Lot Information:
Lot Size: 0.04 Acres
Utilities
Utilities Information:
Heating: Radiant
Cooling: None
School Info
Assigned Schools Information:
Benjamin Franklin High School, Public District Grades 9-12
William McKinley School, Public District Grades KG-8
Other
Directions Information:
Directions: Off 5th and Berks, west of American St.
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $849,000
Price Per SqFt: $186/SqFt
Tax Information:
Annual Amount: $10,499
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $591.3K more than the Median Sold Price and $9/SqFt less than other homes in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2309472
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (215) 923-7600
Listing Agent: Benjamin Katz
Information Deemed Reliable But Not Guaranteed. 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 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
William McKinley School
2101 N Orkney St
Distance between this listing and this school0.23 miles
Public District Grades KG-8
High School
2
/10
Benjamin Franklin High School
550 N Broad St
Distance between this listing and this school1.49 miles
Public District Grades 9-12
Assigned Schools
3
/10
William McKinley School
2101 N Orkney St
Distance between this listing and this school0.23 miles
Public District Grades KG-8
Nearby Schools
3
/10
James R. Ludlow Elementary School
550 W Master St
Distance between this listing and this school0.50 miles
Public District Grades PK-8
2
/10
John Welsh Elementary School
2331 N 4th St
Distance between this listing and this school0.52 miles
Public District Grades KG-8
Nearby Schools
4
/10
Young Scholars Charter School
900 N Marshall St
Distance between this listing and this school0.87 miles
Public Charter Grades 5-8
4
/10
Pan American Academy Charter School
2830 N American St
Distance between this listing and this school1.06 miles
Public Charter Grades KG-8
4
/10
Laboratory Charter School
800 N Orianna St
Distance between this listing and this school1.10 miles
Public Charter Grades KG-8
Assigned Schools
2
/10
Benjamin Franklin High School
550 N Broad St
Distance between this listing and this school1.49 miles
Public District Grades 9-12
Nearby Schools
2
/10
Kensington Creative & Performing Arts High School
1901 N Front St
Distance between this listing and this school0.56 miles
Public District Grades 9-12
2
/10
Philadelphia Military Academy At Elverson
21182160 North 13th St
Distance between this listing and this school0.70 miles
The neighbors living near this home have an average income of $26,563. The most common annual income of people living in Philadelphia, PA is less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
This home is located at 1854 Germantown Ave in Philadelphia, PA and zip code 19122 in the Hartranft neighborhood. This 4,572 square foot home, which was built in 1920, sits on a 0.04 acre lot. It has been listed on Rocket Homes since January 08, 2024 and is currently priced at $849,000.
In March 2024 more than 228 listings in Philadelphia, PA were sold above the asking price. During the same period more than 214 listings were sold at asking price, while more than 481 were sold below. The number of homes for sale in Philadelphia, PA increased by 4.6% between February 2024 and March 2024. Listings spent 54 days on the market in March 2024, and had a median list price of $257,610 during the same period.
From Rocket Homes Real Estate and based on county public records data.