1441 Germantown Ave

Philadelphia, PA 19122
  • $470,000

    Price
  • 3

    Bed
  • 0

    Bath
  • 3,648

    SqFt

About the Listing OCFRLTY - 3352867,12345

COMMERCIAL TENANT 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.

Listing Highlights

Status Sold
Days on Site 708
Property Type Multi-Family
MLS ® PAPH2369250
Year Built 1875
Total Square Footage 3,648
Lot/Acreage 0.06

Interior Details

  • Bedrooms: 3
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating: Wall Unit
  • Fireplaces:
  • Floor: Tile/Brick,Vinyl
  • Above Ground Sq Ft: 3648
  • Below Ground Sq Ft: 0
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Corner,Additional Lot(s),Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Lot Dimensions: 21.00 x 81.00
  • Zoning: CMX2
  • Roof: Pitched
  • Others:
  • Sewer: Public Sewer
  • Parking Features: On Street

Financial Details

  • Tax Amount: $5,628
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2024

Payment Calculator

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1441 Germantown Ave Philadelphia, PA 19122

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Originating MLS: BRIGHT_MAIN

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