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Sold for $470,000 on 12/23/24
  • $470,000

    1441 Germantown Ave, Philadelphia, PA 19122

    4beds
    4baths
    3,648sqft
    Retail
    Built in 1875
    -- sqft lot
    $595,300 Zestimate®
    $129/sqft
    $2,697 Estimated rent

    What's special

    COMMERCIAL TENANT IN PLACE. 310 and 308 JEFFERSON ST LOTS BESIDE PROPERTY ARE INCLUDED IN SALE PRICE. The first floor daycare is leased through May 2025, currently paying $1950/month. All other tenants are month-to-month! The after repair value of this property cannot be overstated. Local rents are averaging $1500/month on the low end. This is an exceptionally located mixed-use commercial property situated in highly sought-after Fishtown - a five minute walk to Northern Liberties. Capitalize on this incredible investment opportunity with residential apartments on the 2nd and 3rd floors and a well-established commercial space on the first floor, which is currently operating as a daycare. Two half baths and a kitchenette are in place on this level. The residential units in the upper levels of the building all require updating. Tons of nearby businesses and restaurants give this property excellent visibility and foot traffic, presenting endless possibilities for any commercial space. Included in the price of this property are two adjacent parcels of land at 310 and 308 Jefferson Sts, which provide additional space for potential expansion, future development, or alternative uses. These parcels offer immense value and flexibility for a savvy investor, adding an additional 1000+ square feet to the size of the property. Total lot size and sqft in listing reflects all three parcels. Please note building is currently fully occupied with tenants. Property is eligible for Philadelphia's C-PACE Financing (over 100k) for clean energy projects.

    Zillow last checked: 7 hours ago

    Listing updated: December 24, 2024 at 01:27am

    Listed by:

    Victoria Adan 267-574-3221,

    OCF Realty LLC - Philadelphia

    Bought with:

    NON MEMBER

    Non Subscribing Office

    Source: Bright MLS,MLS#: PAPH2369250MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Basement
    • Area: 0
    Heating
    • Wall Unit, Natural Gas
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Flooring: Tile/Brick, Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 3,648
    • Total interior livable area: 3,648 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 2,613 sqft
    • Dimensions: 21.00 x 81.00
    • Features: Corner Lot, Additional Lot(s), Urban
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 871524410
    • Zoning: CMX2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Retail
    Materials
    • Masonry
    • Foundation: Slab
    • Roof: Pitched
    Condition
    • New construction: No
    • Year built: 1875

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Available, Sewer Available, Electricity Available, Phone

    Community & neighborhood

    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,VA Loan,Negotiable,FHA,Conventional
    • Ownership: Fee Simple
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $595,300
    2% more+ $11,906
    With Zillow Showcase(estimated)
    $607,206