- – beds
- – baths
- 5,000 sqft
- 2,783 sqft lot
- $150 per sqft
- 1890 build
Rarely offered, Beautiful 1880's Grain Mill Building converted in three (3) apartments with a huge adjoining/attached garage-warehouse studio space, with overhead garage door and driveway. All three (3) apartments, tastefully renovated, each with huge light-filled 6 over 6 muntins (aka montant) windows in each unit. All apartments are 2 Bedroom 1 bath approximately 1200 sf each, and in excellent condition with Central Air Conditioning, in-unit private laundry, recently refinished original wood plank flooring. Open floor plan layout. Ideally configured with a living room, dining area, Island Kitchen. All separate utilities-tenants pay HVAC, electric, gas domestic hot water. Bonus and not currently leased (owner occupied) projected rent $1500- large commercial grade ware house- studio space, includes separate gas fired hot water heat-radiators, separate electric meter, toilet and work/wash tub area. Concrete slab floor, high 13' ceiling height, large overhead garage door-very secure. Gross yearly rental income ($72,000) includes projected garage/studio space rent of $1500 per month. Yearly expenses range in the low to mid $20,000's and include owner paying RE Taxes, Building Insurance, Trash Tax, Fire/Smoke Alarm fee, Maintenance and Repairs. Would make a fabulous investment or even some mixture of an owner occupied situation. 24 HOUR NOTICE for showings. All showings through agent.
Last checked:
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Last updated Jun 26, 2025
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MLS# PAPH2509682 —
The Building
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Year Built:1890
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Masonry
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Building Units Total:3
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Structure Type:Detached
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Architectural Style:Victorian, Other
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Security Features:Fire Detection System
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Window Features:Double Hung
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Accessibility Features:None
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Foundation Details:Stone
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Basement:Yes
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Basement Type:Full
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:10800
Interior
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Interior Features:Combination Kitchen/Living, Combination Dining/Living, Ceiling Fan(s), Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island
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Flooring Type:Hardwood, Wood
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:5000
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Living Area SqFt:5,000 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:Immediate
Location
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Directions:From Germantown Avenue turn east onto Springer Street. Property is immediately on the right.
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Cross Street:Germantown Avenue
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Latitude:40.05136108
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Longitude:-75.18453217
The Property
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Property Type:Multi-Family
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Property Subtype:Triplex
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Property Condition:Excellent
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Lot Size Units:Square Feet
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Lot Size Acres:0.06
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Lot Size Source:Assessor
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Lot Size Dimensions:35.00 x 79.00
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Lot Dimensions Source:Assessor
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Lot SqFt:2,783 Sqft
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Inclusions:All Appliances
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Zoning:CMX2
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:W50
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (267) 312-1925
- Office phone:
- (215) 247-3600
Taxes
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Tax ID Number:221188205
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Tax Year:2024
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Tax Lot:145
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Tax Annual Amount:$9,970
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Tax Assessed Value:$712,300
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Year Assessed:2025
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School Tax:5583.0
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City/Town Tax:4387.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Electric Service:200+ Amp Service
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Hot Water:Natural Gas
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Water Source:Public
Appliances
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Appliances:Dishwasher, Dryer - Gas, Exhaust Fan, Oven/Range - Gas, Range Hood, Refrigerator, Washer, Washer/Dryer Stacked
Schools
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School District Name:Philadelphia City
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School District Source:Listing Agent
The Community
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Subdivision Name:Mt Airy (East)
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Pool:No Pool
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Cap Rate:6.50
Parking
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Total Garage and Parking Spaces:8
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Garage:Yes
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Garage Features:Additional Storage Area, Garage - Side Entry, Oversized, Inside Access
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Garage Spaces:6.00
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Garage SqFt:1200
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Type of Parking:Driveway, Attached Garage
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# of Attached Garage Spaces:6
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Driveway - # of Spaces:2
Extra Units
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Vacation Rental:No
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Units Furnished:All
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Two Bedroom Units:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/26/25
Jun 26, 2025
|
Listed / Active | BRIGHT | $750,000 |