8012 Germantown Avenue, Philadelphia, PA 19118

$642,500
Sold Price
$642,500
List Price
$699,000
Closing Date
Mar 11, 2022
Days on Market
71
Status
CLOSED
MLS#
PAPH2035464
Lot Size (Acres)
0.1
Year Built
1930
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

Beautiful commercial building with store front and three apartments. All apartments have been tastefully renovated and upgraded in recent years with all newer kitchens with wood cabinetry and granite counter tops. Newer tile baths, new hardwood flooring and carpeting in bedrooms. New lighting and some units freshly painted. All apartments have a warm, sunny and spacious feel . Good cash flow, and bonus off street parking and garage for additional income, plus rear fenced yard. All systems have been upgraded including separate electric. Store rents is $1440, Eff apt rents for $750, 2 bedroom rents for $1683 and 1 bedroom rents for $1460 -Call agent for details and showings. Owner pays Oil heat and domestic hot water and cold water, all included in expenses. Building yearly gross rents $65.316 (less expenses, approx. $25,000) Approx. Net operating income around $40,000.

Additional Information

Area
19118 (19118)
Subdivision
Chestnut Hill
Taxes
$7227
School District
The School District Of Philadelphia
Flooring
Ceramic Tile, Carpet, Hardwood
Heating
Steam
Heating Fuel
Oil
Cooling
Window Unit(s), Wall Unit
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Elfant Wissahickon-Chestnut Hill. Selling Office: .