5845 Germantown Ave, Philadelphia, PA 19144

Good features: This building almost fills the lot, so maintenance will be at a minimum; It is connected on both sides reducing heat loss; The sticks and bricks look sturdy; It has rare, broad frontage (24'); It is almost 'Clear-Span' with high ceilings and relatively level floors; The first floor is at sidewalk level, for wheel access, and; The street is bustling and has curbside Public Transportation. Reality Check: It needs new systems, new kitchens, new bathrooms and total cosmetics. It will be hard to finance, so hoping for cash offers. History: The first floor was a Shoe Repair Shop (for the last 50 years). Upstairs was three apartments, poorly converted to a business office. Still has C2 Zoning. Potential: Mixed use? Up to 4 Apartments? Business + 3 Apartments (FHA203 K will support up to 4 or home with 'Mom& Pop financing)? Handicap 'Ranch' home on first with income above? This is a rare and wonderful opportunity to renovate to a dream home or income property.'