Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
5,149
Fantastic Investment Opportunity! Cap rate 6.8%. This mansion, built as a private residence in 1900, was converted to its present use as a 9 unit apartment building and is well situated on an 11,000 plus square foot corner lot. A large porch area on the first level opens into a beautiful central hall leading to 4 apartments. A staircase leads up to 4 more units on the second floor and an additional apartment on the third floor. The current tenants are business professionals, consultants and/or entrepreneurs. The apartments have been very easy to rent and the building is very close to public transportation. It is located in the residential section of West Germantown which is replete in history and conveniently located to Center City, where rents are considerably higher.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Window Unit(s), Electric
-
Heating YN
YES
-
Heating
Natural Gas, Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Stone
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.26
-
Lot Size(square feet)
11305.0
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,200,000
-
Tax Amount
$10,317
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
New Construction
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Anthony W Marchese , Coldwell Banker Realty
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AGENT
Lizzy Isenberg
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