5,000 SqFt
5,000 SqFt
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $65
Lot Size 2,400 Sqft
MLS Listing ID PAPH2636694
Financing Cash
Style Dwelling w/Separate Living Area,Unit/Flat
Subdivision Germantown
Total Units 4
Short Sale No
Originating MLS BRIGHT
Property Description
Located in Philadelphia's fast-growing Germantown neighborhood, this five-unit multifamily property offers more than 5,000 square feet of space and presents a rare value-add opportunity with only minimal work remaining before it can begin producing rental income. The property is currently set up as five units. Buyer is responsible for verifying zoning and obtaining any required zoning approvals or modifications. An accessory parking space on-site provides added convenience and long-term appeal for both investors and future tenants.
Extensive renovations have already been completed, with approximately 80% of the project finished. The remaining work is relatively minor, making this an ideal opportunity for investors seeking a light rehabilitation project in a neighborhood experiencing continued growth. Once the final improvements are completed and the units are occupied, the property has the potential to become a strong income-producing asset.
The building is configured with (1) studio apartment, (3) one-bedroom, one-bath units, and (1) two-bedroom, one-bath unit. Renovations include laminate flooring throughout, brand-new kitchens and bathrooms, in-unit washers and dryers, and energy-efficient mini-split heating and cooling systems. The front and rear second-floor units each feature private decks, adding valuable outdoor living space that enhances tenant appeal and rental desirability.
All units are fully electric and individually metered, simplifying utility management and billing. Projected monthly rents are approximately $1,200 for each one-bedroom, one-bath unit and $1,300 for the two-bedroom, one-bath unit. Based on these projections, the property has the potential to generate approximately $6,100 per month, or $73,200 annually, in gross rental income. This presents an attractive opportunity for investors seeking strong returns and future upside.
The property is being sold strictly AS-IS. The seller will make no repairs, and no city certification will be provided to the buyer.
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Location
State PA
County Philadelphia
Area 19144 (19144)
Zoning RSA3
Area 19144 (19144)
Rooms
Basement Full
Interior
Interior Features Bathroom - Tub Shower, Combination Kitchen/Living, Combination Dining/Living
Hot Water Electric
Heating Wall Unit
Cooling Ductless/Mini-Split
Inclusions Refrigerator, Oven Range-Electric, Dishwasher, Built-In Microwave, Washer-Front Loading & Dryer-Front Loading
Equipment Refrigerator, Built-In Microwave, Oven/Range - Electric, Washer - Front Loading, Dryer - Front Loading
Fireplace N
Appliance Refrigerator, Built-In Microwave, Oven/Range - Electric, Washer - Front Loading, Dryer - Front Loading
Heat Source Electric
1-purchase type For Sale
Exterior
Exterior Feature Porch(es), Deck(s)
Waterfront N
Water Access N
View Street
Accessibility 2+ Access Exits
Porch Porch(es), Deck(s)
Parking Type Off Street
Building
Lot Description Corner
New Construction N
Foundation Other
Lot Dimensions 25.00 x 96.00
Sewer Public Sewer
Water Public
Architectural Style Dwelling w/Separate Living Area, Unit/Flat
Additional Building Above Grade, Below Grade
Schools
School District The School District Of Philadelphia
Others
Tax Amount $5,249
Tax Year 2026
Tax ID 124112500
Ownership Fee Simple
SqFt Source 5000
Acceptable Financing Cash
Special Sale Standard
