5610-14 Germantown Ave, Philadelphia, PA, 19144

5610-14 Germantown Ave, Philadelphia, PA, 19144 < >
for sale
$1,650,000
Square Feet:10670
Lot Size:0.30 Acres
Year Built:1960
Status:Active
MLS #:PAPH2299538
Date Updated:
For information contact:
MGC Real Estate Group
215-928-0221
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Go See This Property
Dramatic price reduction!!! Great opportunity for investors w/amazing cap rate. 4 units fully occupied(newer long term tenants w/3% annual rent increase & NNN, high cap rate)commercial retail property w/rear parking alley(parks 3-4 cars) is in extraordinary condition located in the historic Germantown section of Philadelphia. This approximately 13,000 sq/ft, nicely face lifted facade property epitomizes the characteristics that you, as an astute investor, have always sought in your ventures. Nestled in the prime Commercial Class zoning (CMX3) within one mile of two commuter rail lines, the 2 Chestnut Hill lines, this property boasts unparalleled accessibility for tenants and customers alike. Additionally, this high income generating jewel is situated in the bustling Germantown Ave & Chelten Ave commercial corridor, which offers a thriving business hub, and obviously your investment here can invigorate the local business landscape and attract new ventures. Unit 5610 has a full size basement for extra storage, newer flooring, electric panels, newer 2 HVAC and water heater. Unit 5614 with newer electric panels and high efficiency HVAC, unit 5612 and 5614-A have attic for maximizing storage space. Please call the listing agent 48 hours prior to all showing requests. Please do not walk in or approach business owners or employees. Must show proof of funds or lender pre-qualification letter prior to all showing appointments.
Interior Details
Building Total SQFT: 10670.00

Exterior Details
Lot Size Acres: 0.30Lot Size Dimensions: 90.00 x 144.00
Lot SQFT: 13002.00

Community Information
County: PHILADELPHIAMunicipality: PHILADELPHIA
Zoning: CMX3

Property Information From MLS Data
Accessibility Features: NoneBusiness Type: Professional, Other/General Retail, Medical, Hair Sal
DOM: 137MLS Area: 19144 (19144)
New Construction YN: NProperty Sub Type: Retail
Year Built: 1960

Utilities
Cooling Type: Central A/CHeating Type: Forced Air
Sewer Septic: Public SewerWater Source: Public

Listing Information Courtesy of:
List Agent Full Name: Brian Kang
List Office Name: RE/MAX Services
List Office Phone: 2156412500

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Monthly Payment for 5610-14 Germantown Ave
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$1,650,000
Down Payment:
Loan Amount:$1,320,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Brian Kang, RE/MAX Services

Information obtained from Bright MLS is current as of 4/29/2024 12:29 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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