7205 Germantown Avenue Philadelphia, PA ^$ 775,000

7205 Germantown Avenue

^$ 775,000

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7205 Germantown Avenue

Philadelphia, PA, 19119

^$ 775,000

Studio Baths0.0 Sq 5,880

Monthly Estimate*

^$ 5,151

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Studio

Commercial Property for sale in Philadelphia, PA

for $775,000. This 5,880 square foot building was built in 1915 on a lot size of 0.12.

Ideally located commercial mixed use property situated along a high-traffic stretch of Germantown Avenue in Mount Airy available now. Measuring 5880 square feet with 35 feet of frontage and four parking spaces in the rear, this property has been gutted and framed for its next owner. The spacious first floor contains roughly 2100 square feet with 10 foot ceilings. The second floor is framed for a one bedroom apartment and a two bedroom apartment, while the third floor is framed for a one bedroom apartment. Floor plans available upon request. Rent projections are: $4000/month for the commercial space, $1400 for each of the one bedroom units and $1850 for the two bedroom unit - bringing the estimated annual gross rent to $103,800 per year. Zoned CMX2.5 and located within close proximity to a Wawa, Wine & Spirits, Acme market and within walking distance to the regional SEPTAs Chestnut Hill regional rail. Schedule a tour and make this dream a reality.

Commercial Pending

Price

^$ 775,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 8,134

Style

Lot Size

0.12

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2312252

Features

Interior

Heating Fuel None

Hot Water None

Central Air Y/N N

General

Sewer Public Sewer

Heating None

Cooling None

Possession Immediate

Zoning CMX25

Construction Materials Other

Year Built 1915

Property SubType Mixed Use

Tax Year 2022

Percent Ownership Fee Simple

Cool Fuel None

Municipality PHILADELPHIA

Business Type Other

Accessibility None

County PHILADELPHIA

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status PENDING

Directions Use GPS

City PHILADELPHIA

Buyer Agent Compensation 2.5

NumberOfUnitsTotal 3

MLS Area 19119 (19119)

Lot Size Units Square Feet

Lot Size Square Feet 5083.00

Waterfront Y/N N

Street Name GERMANTOWN

Tax Annual Amount 8134.0

Acceptable Financing Bank Portfolio Cash Conventional Private

Vacation Rental Y/N N

Days on Market 35

Standard Status Pending

Year Built Source Assessor

Tax Lot 8066

Buyer Agent Compensation Type % Of Gross

Exterior

Water Source Public

Type of Parking Parking Lot

Water View Y/N N

Building Area Total 0.00

Lot Dimensions 35.00 x 167.00

Street Suffix AVENUE

Lot Size Acres 0.12

Lot Size Source Assessor

Land Assessed Value 116220.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 7205

* Excluded Features

List By

Kw Empower

Broker

jim@rarityre.com

Affordability Calculator

$5,829

Per Month

Monthly Principal & Interest: $5,151
Monthly Property Taxes: $678
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Philadelphia, PA

Average List Price ^$981,711

Percent of Sale Price 27%

About Philadelphia, PA

1,588,239 Population

5% Since 2002

^$42,223 Median Income

36 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/12/2024	$775,000		Listed Price

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7205 Germantown Avenue, Philadelphia, PA, 19119 is a Commercial Property for sale at $775,000 with 5,880 sqft and a lot size of 0.12. 7205 Germantown Avenue is a studio with 0.0 baths and was built in 1915. The property's zip code is 19119 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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7205 Germantown Avenue

Commercial Property for sale in Philadelphia, PA

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