$315,000
$350,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
0.62 Acres Lot
SOLD DATE : 09/26/2016
Key Details
Sold Price $315,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Germantown (West)
MLS Listing ID 1002457992
Sold Date 09/26/16
HOA Y/N N
Originating Board TREND
Year Built 1950
Annual Tax Amount $3,484
Tax Year 2016
Lot Size 0.625 Acres
Acres 0.62
Lot Dimensions 112X243
Property Description
Income producer! Recently rehabbed, this secured lot contains 23 garages, three high ceiling warehouse/studio buildings, 22 parking spaces, a 1-bedroom ranch-style caretakers house and a guardhouse, The garages are rented from 85+USD and secured parking is rented at 75+USD. The skylighted "studio" is one of three electrified, open-span buildings on site. It features 14' ceilings and an I-beamed crane with exposed brick and more! The two other open-span buildings have 12' ceilings of clear span. The small gatehouse no longer has its function except as an occasional powder room. The move-in condition 1-story caretakers house (with Central AC) features a spacious entryway that opens into the Living/Dining Room. Its very functional kitchen abounds with ample counter top & cabinetry. The bedroom, bathroom and separate laundry room comprise the other rooms. All tenants have electronic key access to the lot and each has their own padlock for rental garages or warehouse. Most garages do not have electricity. There are currently vacancies at one of the warehouses, the studio and the caretaker's house, as well as parking places available. There also remains untapped potential with considerable room for increasing rents. Floor plans, plot/site map & income financials available upon request from RE salesperson. See us for your appointment today (9-5pm M-F)!
Location
State PA
County Philadelphia
Area 19144 (19144)
Zoning RSA3
Rooms
Other Rooms Primary Bedroom
Interior
Cooling Central A/C
Fireplace N
Exterior
Utilities Available Electric Available
Water Access N
Roof Type Flat,Shingle
Road Frontage Private
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 884463395
Ownership Fee Simple
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Bought with Neil Kugelman • Elfant Wissahickon-Chestnut Hill
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "