6371 Germantown Avenue

Philadelphia, PA 19144

$565,000
Last Sold Price
Beds
3,834 Sq. Ft.
$147 / Sq. Ft.
3,834
Sq. Ft.
$147
per Sq. Ft.

Description

5 Unit Mix-Use building producing $5,700/m rent roll on rapidly developing 6300 block of Germantown Avenue. This block is experiencing a development surge with numerous new construction projects underway totaling over 100 new apartment units. The replacement cost alone of this nearly 4,000 SF building makes this a great opportunity. Presently, all 5 units are occupied but there is room to increase the rents with improvements to the four residential units. Electric is already conveniently separately...5 Unit Mix-Use building producing $5,700/m rent roll on rapidly developing 6300 block of Germantown Avenue. This block is experiencing a development surge with numerous new construction projects underway totaling over 100 new apartment units. The replacement cost alone of this nearly 4,000 SF building makes this a great opportunity. Presently, all 5 units are occupied but there is room to increase the rents with improvements to the four residential units. Electric is already conveniently separately metered. Property Income and Expense information available upon request.
  1. Listed by Stuart Udis • PA Realty Advisors LLC
    P: 2156217513 stuart@parealtyadvisors.com

Property Details for 6371 Germantown Avenue

Tax ID Number
592185501
Ownership
Fee Simple
Structure Type
Over Storefront
Style
Straight Thru
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Central Air
No

Location

Listing Courtesy of PA Realty Advisors LLC

Sold By Keller Williams Philadelphia

Add your commute
LISTING UPDATED: 10/23/2022 10:16 PM

Property Details for 6371 Germantown Avenue

StatusClosed
MLS #PAPH2026276
Days on Market64
Taxes$2,006 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1905
Lot Size0.05 AC / 2,278 SF
CountyPhiladelphia County

Location

Listing Courtesy of PA Realty Advisors LLC

Sold By Keller Williams Philadelphia

Add your commute

Building Information for 6371 Germantown Avenue

Stories-Residences4Year Built1905Building Size-Lot Size0.05 AC / 2,278 SF

Payment Calculator

$3,251 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,083

Property Taxes

$167

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6371 Germantown Avenue

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: 3rd Party
  • High School: GERMANTOWN (PHILADELPHIA PA)
  • HighSchoolSource: 3rd Party
  • County: PHILADELPHIA
  • MLS Area: 19144 (19144)
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
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2021
  • Tax Assessed Value: $143,300
  • Year Assessed: 2021
  • County Tax: $0
  • Improvement Assessed Value: $121,805
  • City Town Tax: $905
  • Land Assessed Value: $21,495
  • Clean Green Assessed: No
  • Land Use Code: G51
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: CMX2
  • Zoning Dscrp: Commercial Mix Use; Commercial with multi-family use permitted
  • Tax Lot: 27
  • School Tax: $1,101
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 20.77 x 109.70
  • Lot Dimensions Source: Assessor
  • Parcel ID: 6850991
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplaces Count: 0
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Other
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 6371 Germantown Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 6371 Germantown Avenue

Taxable ValueLand$49,500Additions$198,000Total$247,500
Tax Record2023$3,465 ($289 / month)
Home Facts
Total Finished SqFt3,834 SqFtAbove Grade Finished SqFt3,834 SqFtStories3Lot Size2,278 SqFtStyleMulti-Family Res (5+ Units)Year Built1905ZoningCMX2CountyPHILADELPHIAAPN59-2-1855-01

Schools near 6371 Germantown Avenue

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Emlen Eleanor C School
PublicPK to 5

Roosevelt Theodore Middle School
PublicK to 8

King Martin Luther High School
Public9 to 12

Parkway Northwest
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.

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Listing Courtesy of PA Realty Advisors LLC

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.