7122 Germantown Avenue Philadelphia, PA ^$ 605,000

7122 Germantown Avenue

^$ 605,000

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7122 Germantown Avenue

Philadelphia, PA, 19119

^$ 605,000

Studio Baths0.0 Sq 2,185

Monthly Estimate*

^$ 4,021

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Studio

Commercial Property for sale in Philadelphia, PA

for $605,000. This 2,185 square foot building was built in 1900 on a lot size of 0.03.

This great opportunity in Mt. Airy is waiting on a savvy buyer. This mixed used property has a ground floor retail/ office space with the second and third floor used as a Bi level living space. This can be converted back into three units.The current Zoning allows the expansion of building space to build two additional floors to add more apartments. It can also accommodate and cafe, or coffee shop, salon, retail space, Ice cream shop. Mt. Airy is one of the gems of the city. This building can also be sold with 7120 Germantown ave. Each building is priced at $700K. The Luxury condos located across the street at 7111 Germantown ave. are selling from $540K- $900k This is a great opportunity for a owner occupant or investor. Seller would be interested in Seller Financing.

Commercial Active

Price

^$ 605,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,733

Style

General Retail

Lot Size

0.03

Year Built

1900

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2221800

Features

Interior

Heating Fuel Natural Gas

Hot Water Natural Gas

Heating Y/N Y

Street Suffix AVENUE

Central Air Y/N N

General

Sewer Public Sewer

Heating 90% Forced Air

Cooling None

Possession 0-30 Days CD

Zoning CMX25

Construction Materials Masonry

Year Built 1900

Property SubType Mixed Use

Tax Year 2023

Percent Ownership Fee Simple

Cool Fuel Electric

Municipality PHILADELPHIA

Business Type Other/General Retail

Accessibility None

County PHILADELPHIA

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions Between East Durham and Mt. Pleasant

City PHILADELPHIA

Buyer Agent Compensation 1.5

Total Units 3

MLS Area 19119 (19119)

Lot Size Square Feet 1507.00

Waterfront Y/N N

Street Name GERMANTOWN

Tax Annual Amount 3733.0

Property Condition Good

Acceptable Financing Cash Conventional FHA Seller Financing

Vacation Rental Y/N N

Days on Market 399

Standard Status Active

Year Built Source Assessor

Tax Lot 134

Buyer Agent Compensation Type % Of Gross

Exterior

Water Source Public

Type of Parking Driveway

Water View Y/N N

Building Area Total 0.00

Lot Dimensions 17.00 x 91.00

Lot Size Acres 0.03

Lot Size Units Square Feet

Lot Size Source Assessor

Land Assessed Value 53340.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 7122

* Excluded Features

List By

Frink Realty, Llc

Broker

taisondevore@gmail.com

Affordability Calculator

$4,332

Per Month

Monthly Principal & Interest: $4,021
Monthly Property Taxes: $311
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Philadelphia, PA

Average List Price ^$981,711

Percent of Sale Price 62%

About Philadelphia, PA

1,588,239 Population

5% Since 2002

^$42,223 Median Income

36 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/8/2024	$605,000	-2.42%	Price Down
4/4/2024	$620,000	-0.80%	Price Down
1/4/2024	$625,000	-3.10%	Price Down
10/5/2023	$645,000	-0.77%	Price Down
7/25/2023	$650,000	-7.14%	Price Down
4/12/2023	$700,000		Listed Price

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7122 Germantown Avenue, Philadelphia, PA, 19119 is a Commercial Property for sale at $605,000 with 2,185 sqft and a lot size of 0.03. 7122 Germantown Avenue is a studio with 0.0 baths and was built in 1900. The property's zip code is 19119 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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7122 Germantown Avenue

Commercial Property for sale in Philadelphia, PA

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