$575,000
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7120 Germantown Avenue Philadelphia, PA 19119 Municipality: Philadelphia
General Commercial
Residence
Beds
Baths
2,159
Sq. Ft.
0.04
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
Great investment opportunity in Mt Airy. This Mixed use triplex can be a great opportunity for a savvy buyer or investor. The property next door at 7122 Germantown Ave is also being sold at $700k each building. Both ground floor commercial spaces have tenants. the other floors left unoccupied. Prev...ious tenants were medical practitioners that used the entire building. The Condos across the street at 7111 Germantown are selling for $540,000 and up. This is a chance to create a modern living space that rival the condos without having association fees plus gaining cash flow from the other apartments. If you take the investor approach, the building is zoned Cmx2.5 you can build additional floors, and get more units. Cmx 2.5 allows a developer to build up to 55ft in height which will equal to 5 floors on each building. This property would also work well for a cafe or coffee shop owner that can take advantage of the traffic and residential support and strength of this community. Seller is open to seller financing, and will hold the note. The possibilities are endless, Bring your vision and creativity.
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MLS#
PAPH2221310
Property Type
General Commercial
Year Built
1900
Square Feet
2,159
sq. ft
Lot Size
0.04
Sewer
Public Sewer
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