4171 Germantown Avenue
Philadelphia, PA 19140

  • – beds
  • – baths
  • 2,362 sqft
  • 1,726 sqft lot
  • $86 per sqft
  • 1915 build

Welcome to an exceptional investment opportunity situated in the heart of Germantown Ave, Philadelphia! This distinguished property, zoned as CMX2, offers a blend of commercial and residential space, presenting an enticing prospect for savvy investors and developers. Nestled in the vibrant hub of Germantown Ave, this property enjoys high visibility and foot traffic, contributing to its commercial potential.The first floor boasts a long-term tenant occupying a well-established barbershop. With over 15 years of occupancy, this steady income source generates $1,050 per month, showcasing stability and reliability.The upper levels feature a bi-level apartment spanning the second and third floors. This versatile space comprises 3 bedrooms, a comfortable living area, an eat-in kitchen, and a full bathroom. Ideal for potential renters seeking a spacious and accommodating living arrangement in a bustling neighborhood.While the property may require some refurbishment and updates, it presents an exceptional investment opportunity. With the right vision and improvements, this property has the potential to increase its value significantly.Whether you're an investor looking to hold and generate steady rental income from the existing setup or a developer keen on rehabilitating and flipping the property for a substantial profit, this versatile space caters to various investment strategies.Located in a lively neighborhood with diverse businesses, restaurants, and amenities nearby, ensuring convenience and attraction for both commercial and residential occupants.The CMX2 zoning allows for a range of commercial uses, encouraging flexibility and diverse business opportunities for potential buyers. With its proximity to Germantown Ave, an area experiencing revitalization and growth, this property holds the promise of increased value over time.This property invites those with a discerning eye for real estate opportunities. Whether you aim to enhance its current offerings or reimagine its potential, the possibilities here are vast.Seize this chance to invest in a property with an established income stream, residential potential, and significant upside. Contact us today to explore this captivating opportunity on Germantown Ave and embark on a rewarding real estate venture!

BRIGHT MLS logo Listing courtesy of BRIGHT / Quality Real Estate-Broad St

Last checked: Checking… • Last updated Apr 20, 2024 •

MLS# PAPH2300684 —

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Sale history

Date Event Source Price % Change
4/4/24
Price Changed BRIGHT $204,500 -0.2%
1/14/24
Price Changed BRIGHT $205,000 -2.4%
12/2/23
Price Changed BRIGHT $210,000 5.0%

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$204,500

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Listing provided by broker:

Celenia Martinez

Quality Real Estate-Broad St

(215) 457-2600

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This multifamily located in Upper North Philadelphia, Philadelphia, PA 19140 is currently for sale for $204,500. 4171 Germantown Avenue is a 2,362 square foot multifamily with – beds and – baths. 4171 Germantown Avenue is in the Upper North Philadelphia neighborhood of Philadelphia and has a WalkScore® of 83, making it very walkable. This multifamily is in the attendance area of Edward T Steel School and Mastery Charter School At Gratz.

BRIGHT MLS logo Listing Courtesy of: BRIGHT and Quality Real Estate-Broad St.

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