FOR SALE
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Description
Welcome to an exceptional investment opportunity situated in the heart of Germantown Ave, Philadelphia! This distinguished property, zoned as CMX2, offers a blend of commercial and residential space, presenting an enticing prospect for savvy investors and developers. Nestled in the vibrant hub of Germantown Ave, this property enjoys high visibility and foot traffic, contributing to its commercial potential.The first floor boasts a long-term tenant occupying a well-established barbershop. With over 15 years of occupancy, this steady income source generates $1,050 per month, showcasing stability and reliability.The upper levels feature a bi-level apartment spanning the second and third floors. This versatile space comprises 3 bedrooms, a comfortable living area, an eat-in kitchen, and a full bathroom. Ideal for potential renters seeking a spacious and accommodating living arrangement in a bustling neighborhood.While the property may require some refurbishment and updates, it presents an exceptional investment opportunity. With the right vision and improvements, this property has the potential to increase its value significantly.Whether you're an investor looking to hold and generate steady rental income from the existing setup or a developer keen on rehabilitating and flipping the property for a substantial profit, this versatile space caters to various investment strategies.Located in a lively neighborhood with diverse businesses, restaurants, and amenities nearby, ensuring convenience and attraction for both commercial and residential occupants.The CMX2 zoning allows for a range of commercial uses, encouraging flexibility and diverse business opportunities for potential buyers. With its proximity to Germantown Ave, an area experiencing revitalization and growth, this property holds the promise of increased value over time.This property invites those with a discerning eye for real estate opportunities. Whether you aim to enhance its current offerings or reimagine its potential, the possibilities here are vast.Seize this chance to invest in a property with an established income stream, residential potential, and significant upside. Contact us today to explore this captivating opportunity on Germantown Ave and embark on a rewarding real estate venture!
Home Highlights
Parking
Open Parking
Outdoor
Yes
A/C
Heating only
HOA
None
Price/Sqft
$87
Listed
149 days ago
Home Details for 4171 Germantown Ave
Interior Features |
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Interior Details Basement: Poured ConcreteNumber of Rooms: 3Types of Rooms: Basement |
Beds & Baths Number of Bedrooms: 3 |
Dimensions and Layout Living Area: 2362 Square Feet |
Appliances & Utilities Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cable, Satellite Internet Service, Other Internet ServiceAppliances: Stove, Electric Water Heater, Gas Water Heater |
Heating & Cooling Heating: 90% Forced AirNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: 90 Forced Air |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: 100 Amp Service |
Windows, Doors, Floors & Walls Window: Skylight(s)Flooring: Carpet, Ceramic Tile, Hardwood, Other, Wood Floors |
Levels, Entrance, & Accessibility Levels: Split LevelAccessibility: 2+ Access ExitsFloors: Carpet, Ceramic Tile, Hardwood, Other, Wood Floors |
Security Security: Carbon Monoxide Detector(s), Smoke Detector(s) |
Exterior Features |
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Exterior Home Features Roof: FlatPatio / Porch: Brick, RoofOther Structures: Above Grade, Below GradeExterior: Lighting, Flood Lights, Satellite Dish, Sidewalks, Street Lights, OtherFoundation: Brick/Mortar |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: On Street |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Days on Market |
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Days on Market: 149 |
Property Information |
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Year Built Year Built: 1915 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: TownhouseStructure Type: Dwelling w/Separate Living Area, Interior Row/TownhouseArchitecture: Straight Thru,Traditional,Transitional,Other |
Building Construction Materials: Masonry, Brick, Concrete, OtherNot a New Construction |
Property Information Condition: Good, AverageNot Included in Sale: Barbershop Tenants BelongingsIncluded in Sale: StoveParcel Number: 871519610 |
Price & Status |
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Price List Price: $204,500Price Per Sqft: $87 |
Status Change & Dates Possession Timing: Immediate, 0-30 Days CD |
Active Status |
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MLS Status: ACTIVE |
Location |
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Direction & Address City: PhiladelphiaCommunity: Germantown |
School Information Elementary School: Edward T Steel SchoolElementary School District: The School District Of PhiladelphiaJr High / Middle School: Grover Cleveland SchoolJr High / Middle School District: The School District Of PhiladelphiaHigh School: Simon GratzHigh School District: The School District Of Philadelphia |
Agent Information |
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Listing Agent Listing ID: PAPH2300684 |
Community |
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Number Of Vacant Units: 1 |
Lot Information |
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Lot Area: 1726 sqft |
Listing Info |
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Special Conditions: Standard |
Offer |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional |
Compensation |
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Buyer Agency Commission: 3Buyer Agency Commission Type: %Sub Agency Commission: 0Sub Agency Commission Type: $Transaction Broker Commission: 0Transaction Broker Commission Type: $ |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
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Business Information Ownership: Fee Simple |
Rental |
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Are Units Furnished: NoneNo Rent Control |
Miscellaneous |
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BasementMls Number: PAPH2300684Municipality: PHILADELPHIA |
Last check for updates: about 13 hours ago
Listing courtesy of Celly Martinez, (267) 694-0246
Quality Real Estate-Broad St, (215) 457-2600
Co-Listing Agent: Orlando Martinez Jr Jr., (267) 236-2203
Quality Real Estate-Broad St, (215) 457-2600
Source: Bright MLS, MLS#PAPH2300684
Price History for 4171 Germantown Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 04/04/2024 | $204,500 | PriceChange | Bright MLS #PAPH2300684 |
| 01/14/2024 | $205,000 | PriceChange | Bright MLS #PAPH2300684 |
| 12/02/2023 | $210,000 | Listed For Sale | Bright MLS #PAPH2300684 |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $2,031 |
| Assessment | $145,100 |
Home facts updated by county records
Comparable Sales for 4171 Germantown Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.30 | Multi-Family Home | $254,900 | 11/29/23 | 5 | 3 | 2,610 | |
0.29 | Multi-Family Home | $280,000 | 05/26/23 | 4 | 2 | 1,648 | |
0.38 | Multi-Family Home | $110,000 | 05/31/23 | 3 | - | 1,553 | |
0.31 | Multi-Family Home | $72,000 | 11/01/23 | 3 | - | 1,200 | |
0.20 | Multi-Family Home | $212,000 | 07/17/23 | 5 | 2 | 1,752 | |
0.34 | Multi-Family Home | $83,000 | 03/08/24 | 2 | - | 1,354 | |
0.63 | Multi-Family Home | $106,000 | 05/25/23 | 4 | - | 2,400 | |
0.37 | Multi-Family Home | $70,000 | 09/05/23 | 6 | 3 | 1,800 | |
0.52 | Multi-Family Home | $180,000 | 03/15/24 | 3 | - | 1,494 | |
0.57 | Multi-Family Home | $250,000 | 08/25/23 | 3 | 3 | 1,760 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Nicetown
- Trulia User
- Visitor
- 1y ago
"maybe one day be a better CommunityI would like the neighbors to keep their seras cleanmy family lives in that area"
- Trulia User
- Visitor
- 2y ago
"I used live the park. it has access to septa trains. food markets. a deli etc. I also get too work on time by septa."
- Trulia User
- Resident
- 2y ago
"My block is relatively quiet and clean with many people that have lived here for over 20 years, but the surrounding blocks are not. There is violence and it’s not very clean. "
- Trulia User
- Resident
- 2y ago
"Overall it’s a great place. Some people are friendly and helps the neighbor out when needed! Once they know you they even help packages and make sure your mail delivered to you. It’s not too quiet in the summer time but they respect special request. "
- Trulia User
- Resident
- 2y ago
"I've been living in this area for 4 years now and I have met some good people. Really good Neighbors. But don't go out after 10 pm. It gets ugly around here at night 😐 This is not a stay long neighborhood."
- Canalesm
- Resident
- 3y ago
"The neighbors are friendly. Neighbors watch over each other’s packages and makes sure that they are safe and delivered to you. They often invite you to chat or catch up. They take care of your mail if delivered wrong. Easy to get onto major highways and el to all over the city! Major plus! "
- Precious G. J.
- Resident
- 3y ago
"Most people in the area do not have dogs. There are no dog parks. There are no poop bag dispensers. "
- Rob H.
- Resident
- 4y ago
"We have annual clean-ups and monthly neighborhood meetings. We also have amazing block parties filled with good music."
- Pud140118
- Resident
- 4y ago
"It’s a nice block to live on well very neighborly. Kids can play together without any harm being done."
- Keniacamara
- Visitor
- 4y ago
"I don’t like it. Rent is convenient. People in the area can be friendly but it’s not the best place to start a family. "
- Jasmineaclark30
- Resident
- 5y ago
"Always pay to close attention to your children! They’re are a lot of elderly people and they like their peace! Which is understandable."
- Unmilortiz
- Resident
- 5y ago
"Have great access to public transportation .the neighbors are friendly. Plenty of day cares around.lots of corner stores and parks "
- Brenda G.
- Prev. Resident
- 5y ago
"not really grassy no play yard mostly concrete and hardly any trees walking to fast food no mom and pop shops in walking distance"
- Bigronmerc g. c.
- Resident
- 5y ago
"what makes my neineighborhood unique is that everyone looks out for each other because we're like a big family. "
- Rhonda F.
- Resident
- 5y ago
"I've been here for almost 2 years now and I've noticed that the neighbors are like family and really make you feel welcomed. "
- Charice T. S.
- Resident
- 5y ago
"It has history if you know what to look for. You can see the old neighborhood in the outdoor sitting areas. And most of the homes were built a long time ago (circa 19th century)"
- Natalie O.
- Resident
- 5y ago
"It’s very friendly, no one really bothers anyone. We mind our own business. Stay low key & our the way & everything will be fine"
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Celly Martinez, Quality Real Estate-Broad St
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
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The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.