Price Reduction
Address
3826 Germantown Avenue, Philadelphia, PA
Price
$ 449,990
Property Attributes
- MLS#PAPH2343126
- TypeMulti-Family
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19140
- NeighborhoodGermantown
- Zip19140
- Style
- Year Built1950
- Taxes$ 1261
- Price$ 449,990
- Bedrooms3
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description
Elevate your investment portfolio with this exceptional cash-flowing Quadplex, strategically positioned to deliver robust returns and long-term appreciation. Boasting a blend of stable rental income and value-add potential, this property presents an attractive opportunity for seasoned investors and newcomers alike. The building is fully rented and is currently generating $3790 per month in gross income. The first floor boasts a spacious commercial unit with 1 full and one half bathroom, with longstanding tenants who are currently paying $1150 per month. The second floor has two 1 bedroom 1 bathroom units that have been recently updated and are paying $893 and $750 respectively. The third floor consists of a 1 bedroom 1 bathroom unit that was recently updated and is generating $1000 per month. The finished basement has additional revenue generating coin operated laundry machines and is fully finished. It can also be rented as an additional commercial space or used as a home office. Situated in a sought-after neighborhood with proximity to amenities, employment centers, and transportation options, this Quadplex offers convenience and lifestyle appeal. Capitalize on the area's growth potential and benefit from rising property values over time.
| Price History | |
|---|---|
| 4/15/2024 | Listed $524,900 |
| 4/21/2024 | 5% - $499,990 |
| 4/29/2024 | 6% - $474,990 |
| 5/12/2024 | 6% - $449,990 |
General Features
| Interior Features | Store/Office |
|---|---|
| Sewer | Public Sewer |
| Heating | Central |
| Cooling | Central A/C |
| Utilities | Cable TV Available |
| Possession | Settlement |
| Exterior Features | Sidewalks |
| Zoning | CMX25 |
| Architectural Style | Other |
| Security Features | Security System |
| Construction Materials | Other |
| Year Built | 1950 |
| Property SubType | Quadruplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Accessibility | None |
| County | PHILADELPHIA |
| New Construction | No |
| Property Type | Multi-Family |
| Subdivision Name | GERMANTOWN |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | GPS |
| ModificationTimestamp | 2024-05-18T07:24:06 |
| City | PHILADELPHIA |
| Buyer Agent Compensation | 2.5 |
| Total Units | 4 |
| MLS Area | 19140 (19140) |
| Lot Size Square Feet | 1490.00 |
| Tax Assessed Value | 90100.0 |
| Waterfront Y/N | No |
| Street Name | GERMANTOWN |
| Tax Annual Amount | 1261.0 |
| Structure Type | Interior Row/Townhouse |
| Single Room Units Count | 1 |
| One Bedroom Units Count | 3 |
| Other Units | Unit 1,Unit 2,Unit 4,Unit 3 |
| Price Per Sq Ft Total | 175.23 |
| Vacation Rental Y/N | No |
| Total SQFT | 2568 |
| Days on Market | 32 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 254 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Basement | Full,Fully Finished |
| Hot Water | Natural Gas |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | AVENUE |
| Central Air Y/N | Yes |
| LivingAreaSource | Assessor |
Exterior Features
| Pool | No Pool |
|---|---|
| Water Source | Public |
| Type of Parking | On Street |
| Land Use Code | Y50 |
| Foundation Details | Stone |
| Water View Y/N | No |
| Lot Dimensions | 18.00 x 79.00 |
| Lot Size Acres | 0.03 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 18020.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 19140
Price
Taxes
Visits
Year Built
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