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An exceptional 6 UNIT investment opportunity awaits in the vibrant Germantown Philadelphia. 7,036 SF multifamily property located at 261 E High St comprised of 2 detached homes. See unit breakdown in documents. Amazing curb appeal with a long driveway leading to 2 detached garages (now rented separately) and ample parking for the tenants. The main entrance to the large Victorian leads into breathtaking 3BR bi-level unit, which preserved it's original wood work and floors and will take your breath away. This unit could be converted to a unique AirBandB for even higher potential income or for owner to move into once lease is up. 5 units are in the Victorian property and the 6th unit - also a 3BR is behind the main house. It is detached and has a spacious open layout. Nestled in the historic Germantown neighborhood, this property promises significant appreciation potential and steady rental income. Boasting a prime location with proximity to public transportation, schools, and shopping centers, High St. is perfect for attracting a diverse tenant base. The property offers well kept and spacious living areas, making it an attractive option for both tenants and investors. Investment Pro-Forma is in documents.
Property Type(s):
Commercial
| Last Updated | 11/9/2024 | Year Built | 1950 |
|---|---|---|---|
| Community | 19144 (19144) | County | PHILADELPHIA |
Additional Details
| AIR | Ceiling Fan(s), Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 19144 (19144) |
| CONSTRUCTION | Stone |
| HEAT | Natural Gas, Radiant |
| LOT | 0.41 acre(s) |
| LOT DIMENSIONS | 106.00 x 170.00 |
| PARKING | On Street |
| SEWER | Public Sewer |
| TAXES | 4839 |
| WATER | Public |
Location
Listing provided by Century 21 Advantage Gold-South Philadelphia
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Data last updated: 1/10/25 4:55 AM PST
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