1631 Germantown Avenue

Philadelphia, PA 19122

$676,500
Last Sold Price
6
Beds
3
Baths
2,339 Sq. Ft.
$289 / Sq. Ft.
2,339
Sq. Ft.
$289
per Sq. Ft.

Description

Welcome to 1631 Germantown Avenue, the triplex you have been waiting for. A tremendous investor opportunity or for an owner-occupied setting. A fully remodeled and renovated triplex in Olde Kensington; one of the hottest and most thriving areas in Philly. This location is growing at rapid speeds. 1631 Germantown includes 3 separate units (condos or apartments), with 1 unit per floor in a 3-story property. Each unit offers a generously sized living/dining room combo, 2 very spacious bedrooms, 1-bathroom,...Welcome to 1631 Germantown Avenue, the triplex you have been waiting for. A tremendous investor opportunity or for an owner-occupied setting. A fully remodeled and renovated triplex in Olde Kensington; one of the hottest and most thriving areas in Philly. This location is growing at rapid speeds. 1631 Germantown includes 3 separate units (condos or apartments), with 1 unit per floor in a 3-story property. Each unit offers a generously sized living/dining room combo, 2 very spacious bedrooms, 1-bathroom, great closet, and storage space and all the bells and whistles. There’s hardwood flooring throughout and each kitchen is furnished with stainless steel appliances giving a warmly desirable modern feel with great finishes. Each apartment has their own HVAC system, which includes central air and gas heat. Additionally, the 3rd floor unit offers a vaulted/cathedral style ceiling in the living room. Modern recessed lighting and large spaces make each apartment feel welcoming. Utilities are separately metered. Vacant and easy to show. Recent comparable leases in immediate vicinity for similar 2-bedroom 1-bathroom apartments have high value with low DOM. Great investment opportunity! There is an enormous amount of development in the area, including both residential and commercial. Numerous restaurants, pubs, grocery stores, pet supply stores and greenspaces are all nearby, as well Temple, Northern Liberties and Fishtown; all within a short walk away. Numerous Indego Bike Shares a short walk away, as well as phenomenal public transportation, including Girard Ave Trolley, the MFL and buses. Please call with any questions. Property is available for immediate possession. Room dimensions/measurements and 3D Matterport tour available upon request. Schedule your showing today, this is a must see rare opportunity.
  1. Listed by Kevin R Wilkins • BHHS Fox & Roach-Center City Walnut
    P: 2672510405 kevin@centercity.com

Property Details for 1631 Germantown Avenue

Tax ID Number
881078730
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Contemporary, Straight Thru, Other
Waterfront
No
Garage
No
Expected On Market Date
10-26-2022
Subdivision
OLDE KENSINGTON

Location

Listing Courtesy of BHHS Fox & Roach-Center City Walnut

Sold By Compass Pennsylvania, LLC

Add your commute
LISTING UPDATED: 09/08/2023 04:02 PM

Property Details for 1631 Germantown Avenue

StatusClosed
MLS #PAPH2166730
Days on Market231
Taxes$2,052 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.05 AC / 2,018 SF
CountyPhiladelphia County

Building

1631 Germantown Ave

3 StoriesBuilt in 1915

Location

Listing Courtesy of BHHS Fox & Roach-Center City Walnut

Sold By Compass Pennsylvania, LLC

Add your commute

Building Information for 1631 Germantown Avenue

Stories3Residences-Year Built1915Building Size-Lot Size0.05 AC / 2,018 SF

Payment Calculator

$3,863 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,692

Property Taxes

$171

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1631 Germantown Avenue

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: 3rd Party
  • County: PHILADELPHIA
  • MLS Area: 19122 (19122)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2021
  • Tax Assessed Value: $146,600
  • Year Assessed: 2021
  • Improvement Assessed Value: $102,620
  • City Town Tax: $926
  • Land Assessed Value: $43,980
  • Clean Green Assessed: No
  • Land Use Code: CA0
  • Zoning: RM1
  • Tax Lot: 50
  • School Tax: $1,126
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Concessions: Yes
  • Concessions Amount: $34,237
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 3
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 3
  • Units Leased Count: 3
  • Number Of Units Vacant: 0
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Level: 3
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
Financial Information
Financial Information
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Year Major Reno Remodel: 2020
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 35.00 x 57.66
  • Lot Dimensions Source: Estimated
  • Parcel ID: 1409641
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Septic
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 1631 Germantown Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1631 Germantown Avenue

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Moffet John School
PublicK to 5

Penn Treaty Middle School
Public6 to 12

The U School: Innovative Lab
Public9 to 12

Bodine William W High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Fox & Roach-Center City Walnut

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.