Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
N/A
As-Is Apartment Building with Significant Upside Potential This is a prime investment opportunity for seasoned investors or developers looking to capitalize on a building with incredible upside potential. Located in Germantown, this is being offered as-is and presents an ideal opportunity for a value-add rehab project. Given the size of the lot, there is also an opportunity to build additional units to enhance the value of this opportunity greatly. Apartment building is zoned CMX2 which allows for great flexibility in the underlying development potential. While the property currently requires renovation, its strategic location,  and solid structural foundation offer immense potential for future growth and profitability. With proper updates and upgrades, this property can be transformed into a high-demand, income-producing asset with substantial appreciation potential. See pro-forma valuation to see the potential upside that this building offers. This building is priced to sell with substantial room for value creation. Whether you're looking to fix and flip or hold for long-term rental income, this property offers a fantastic opportunity to realize a significant return on investment.  Key Highlights:     •    Located in a rapidly developing and high-demand area     •    Solid bones and structure, ready for a complete     •    Potential for improved market rents, long-term capital appreciation, and increased occupancy rate
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
0.25
-
Property Type
Commercial Sale
Exterior
-
Garage
No
-
Parking
On Street
Financial
-
Sales Price
$650,000
-
Tax Amount
6332.0
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Alicia M Magill , Mosaic Brokerage Group, LLC
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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