Property

Philadelphia, PA 19144 261 E High Street

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Presented By: Century 21 Advantage Gold-South Philadelphia
  • MLS# PAPH2418556
  • 11/09/2024
  • Request Tour
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  • SQFT • 7,300

Home Details

An exceptional 6 UNIT investment opportunity awaits in the vibrant Germantown Philadelphia. 7,036 SF multifamily property located at 261 E High St comprised of 2 detached homes. See unit breakdown in documents. Amazing curb appeal with a long driveway leading to 2 detached garages (now rented separately) and ample parking for the tenants. The main entrance to the large Victorian leads into breathtaking 3BR bi-level unit, which preserved it's original wood work and floors and will take your breath away. This unit could be converted to a unique AirBandB for even higher potential income or for owner to move into once lease is up. 5 units are in the Victorian property and the 6th unit - also a 3BR is behind the main house. It is detached and has a spacious open layout. Nestled in the historic Germantown neighborhood, this property promises significant appreciation potential and steady rental income. Boasting a prime location with proximity to public transportation, schools, and shopping centers, High St. is perfect for attracting a diverse tenant base. The property offers well kept and spacious living areas, making it an attractive option for both tenants and investors. Investment Pro-Forma is in documents.
Presented By: Century 21 Advantage Gold-South Philadelphia

Interior Features for 261 E High Street

Other Interior Features

Central Air Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterMulti-tank

General for 261 E High Street

AccessibilityOther
Business TypeApartment Building
CityPHILADELPHIA
Construction MaterialsStone
Cool FuelElectric
CoolingCeiling Fan(s), Window Unit(s)
CountyPHILADELPHIA
DirectionsFrom Germantown Rd to High St
DisclosuresLead Based Paint - State
ExclusionsSome owner owned items in the basement
FULLFee Simple
HeatingRadiant
Lot Size Square Feet18020.00
Lot Size UnitsSquare Feet
MLS Area19144 (19144)
ModificationTimestamp2024-11-09T13:45:29
MunicipalityPHILADELPHIA
New ConstructionNo
NumberOfUnitsTotal2
PossessionSettlement
Property SubtypeFive Or More Units
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount4839.0
Tax Assessed Value345700.0
Tax Lot3088
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1950
Year Built SourceAssessor
ZoningRSA3

Exterior for 261 E High Street

Building Area Total0.00
Car Parking Spaces6
Land Assessed Value69100.00
Land Use CodeG58
Lot Dimensions106.00 x 170.00
Lot Size Acres0.41
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces6
Type of ParkingDriveway, On Street, Private Garage
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Fabiane Farias

Associate
Price $875,000
MLS#PAPH2418556
List Date 11/09/2024
Property Type Commercial
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