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Germantown Ave Mixed Use 3526 Germantown Ave 4 Unit Apartment Building $185,000 ($46,250/Unit) Philadelphia, PA 19140

Apartment Buildings Pennsylvania Philadelphia 3526 Germantown Ave, Philadelphia, PA 19140

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INVESTMENT HIGHLIGHTS

  • By Right quadplex (buyer to independently verify with an architect)
  • Above Market Cap Rate Post Construction
  • High Foot Traffic, Attractive For Commercial Tenants
  • Existing Usable Structure

EXECUTIVE SUMMARY

Large mixed-use zoned building located on the booming Germantown Ave corridor of North Philadelphia. This solid 3 story property id deep and ready for an investor to develop a 4 unit cash flowing property! Property has limited access and can be shown to serious buyers. There needs to be a wall erected between this building and 3522 Germantown ave. Additionally the building has a massive amount of clothing and product from the previous business owner which need to be removed.

PROPERTY FACTS

Price $185,000 Apartment Style Low-Rise
Price Per Unit $46,250 Building Class C
Sale Type Investment Lot Size 0.04 AC
Sale Conditions
Build to Suit
  • Deferred Maintenance
  • Redevelopment Project
  • Building in Shell Condition
 Building Size 3,072 SF
No. Units 4 No. Stories 3
Property Type Multifamily Year Built 1925
Property Subtype Apartment Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning CMX2 - by right for quadplex (buyer to independently verify with an architect)
Price $185,000
Price Per Unit $46,250
Sale Type Investment
Sale Conditions
Build to Suit
  • Deferred Maintenance
  • Redevelopment Project
  • Building in Shell Condition
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.04 AC
Building Size 3,072 SF
No. Stories 3
Year Built 1925
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning CMX2 - by right for quadplex (buyer to independently verify with an architect)

LINKS

1 1
Walk Score®
Walker's Paradise (90)
Transit Score®
Excellent Transit (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 871567190 Improvements Assessment $109,120
Land Assessment $27,280 Total Assessment $136,400

PROPERTY TAXES

Parcel Number
871567190
Land Assessment
$27,280
Improvements Assessment
$109,120
Total Assessment
$136,400
(215) 607-6007

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 28586230

  • Date on Market: 5/26/2023

  • Last Updated:

  • Address: 3526 Germantown Ave, Philadelphia, PA 19140

More public record information on 3526 Germantown Ave, Philadelphia, PA 19140

The North Philadelphia East Multifamily Property at 3526 Germantown Ave, Philadelphia, PA 19140 is currently available. Contact KW Empower for more information.

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Germantown Ave Mixed Use | 3526 Germantown Ave

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