Property

Philadelphia, PA 19122 1441 Germantown Avenue

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Presented By: OCF Realty LLC - Philadelphia
  • MLS# PAPH2369250
  • 06/25/2024
  • Request Tour
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  • Beds • 3

Home Details

BEING SOLD WITH TENANTS IN PLACE. 310 and 308 JEFFERSON ST LOTS BESIDE PROPERTY ARE INCLUDED IN SALE PRICE. The first floor daycare is leased through May 2025, currently paying $1950/month. All other tenants are month-to-month! The after repair value of this property cannot be overstated. Local rents are averaging $1500/month on the low end. This is an exceptionally located mixed-use commercial property situated in highly sought-after Fishtown - a five minute walk to Northern Liberties. Capitalize on this incredible investment opportunity with residential apartments on the 2nd and 3rd floors and a well-established commercial space on the first floor, which is currently operating as a daycare. Two half baths and a kitchenette are in place on this level. The residential units in the upper levels of the building all require updating. Tons of nearby businesses and restaurants give this property excellent visibility and foot traffic, presenting endless possibilities for any commercial space. Included in the price of this property are two adjacent parcels of land at 310 and 308 Jefferson Sts, which provide additional space for potential expansion, future development, or alternative uses. These parcels offer immense value and flexibility for a savvy investor, adding an additional 1000+ square feet to the size of the property. Total lot size and sqft in listing reflects all three parcels. Please note building is currently fully occupied with tenants. Property is eligible for Philadelphia's C-PACE Financing (over 100k) for clean energy projects - learn more about eligible projects at philadelphiacpace.org.
Presented By: OCF Realty LLC - Philadelphia

Interior Features for 1441 Germantown Avenue

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
Central Air Y/NNo
Fireplace Y/NNo
FlooringTile/Brick, Vinyl
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric

General for 1441 Germantown Avenue

Acceptable FinancingCash, VA, Negotiable, FHA, Conventional
AccessibilityNone
Architectural StyleOther
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingWindow Unit(s)
CountyPHILADELPHIA
DirectionsOn the corner of Germantown Ave and Jefferson Sts.
ExclusionsTenants belongings
Garage Y/NNo
HeatingWall Unit
Location TypeUrban
Lot Size Square Feet2613.60
Lot Size UnitsSquare Feet
MLS Area19122 (19122)
ModificationTimestamp2024-08-14T04:53:02
MunicipalityPHILADELPHIA
New ConstructionNo
NumberOfUnitsTotal4
NumberOfUnitsVacant
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 3
Percent OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG128.84
Property SubTypeOther
Property TypeMulti-Family
RoofPitched
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count3
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Structure TypeOver Storefront
Tax Annual Amount5628.0
Tax Assessed Value402100.0
Tax Lot219
Tax Year2024
Total SQFT3648
Two Bedroom1
UtilitiesWater Available, Sewer Available, Electric Available, Phone
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built1875
Year Built SourceAssessor
ZoningCMX2

Exterior for 1441 Germantown Avenue

Foundation DetailsSlab
Land Assessed Value80420.00
Land Use CodeY50
Lot Dimensions21.00 x 81.00
Lot FeaturesCorner, Additional Lot(s)
Lot Size Acres0.06
Lot Size SourceEstimated
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Road ResponsibilityCity/County
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

YOLANDA CASSIDY-BOGAN

Associate
Price $470,000
MLS#PAPH2369250
List Date 06/25/2024
Property Type Contingent
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