$450,000

Property Description

Fantastic value add investment opportunity in the heart of West Germantown, close to Chelten Avenue corridor and Wayne Junction, with extensive transit access. Steadily growing commercial corridor with tremendous upside opportunity. Currently ready to deliver vacant, was recently rented with total annual rental income of $90,000, approximately 15% CAP RATE Includes two storefronts, most recently used as office space in one ($1200), and ice cream store ($950) in the other. Four residential units with partial updates including (with last rents) one 2 bedroom ($2100), two1 bedroom units ($1900 and $750) and one efficiency ($600). All electric heating and hot water, separately metered. Bright units with north, south and east exposures across three floors in converted Victorian grand home. Most recent rentals had city rental licenses.

Property Facts & Features

Property Type

Multi Family

Status

For Sale

Listed

Apr 29, 2026

Price per Sq Ft

$137/sqft

ZIP Code

19144

Parking

On Street

Heating

Baseboard Electric

Cooling

Window Unit(S)

Construction

Masonry

Property Tax (2026)

$2,406/yr

Assessed Value

$171,900

Last Sold

$275,000 · Dec 23, 2019

Neighborhood

Germantown - Westside

County

Philadelphia

School District

The School District of Philadelphia

Estimated Value

Automated estimate. Not an appraisal.

Features & Amenities

Location

Lat 40.02795 · Lng -75.17289