6371 Germantown Avenue

Philadelphia, PA
$ 595,000 Beds 4 Baths 0
Monthly Estimate* How much can I afford?

Highly sought after Multi-family/Commercial 5 unit building in bustling Germantown business corridor. Separately metered heat for all units and tenants pay a portion of water bill. Terrific bottom line with a $63900 rent roll that translates to a 8.9% cap rate.4 fully rented apartments plus an operating day care center.RENT Daycare $2400 $50 water (to be renewed Dec 2020)2nd floor efficiency $675 (month to month)2nd floor 2 room $600 (month to month been at the building for 3 years)3rd floor 2 bed/1 bath $900 (month to month been at the building since 2012)Rear $900 (month to month been at the building since 2018) TOTAL $5325 monthly $63,900 p/yr REAL ESTATE TAXES $2,006 p/yrLiability Insurance Property Policy (Mutual Benefit): $2,382 p/yrGeneral Liability (USLI): $1,470 p/yrUTILITIES PECO (Common area) $125 per month $1,500 p/yrWATER $150 per month $1,800 p/yrTOTAL $9,152 p/yr Mount Airy Association fees $280 p/yr TOTAL RENTAL INCOME $63900 LESS EXPENSES $9,432NET $54,468 I can provide copies of all bills and leases when needed.There are separate electric meters for all units (electric baseboard heat).

Multi-Family

  • Price
  • $ 595,000
  • Lot Size
  • 2,178 SqFt
  • Bedrooms
  • 4
  • Full Bathrooms
  • 0
  • Year Built
  • 1905
  • Half Bathrooms
  • 0
  • City, Zip
  • Philadelphia
  • Taxes
  • 2006
  • County
  • PHILADELPHIA
  • Style
  • Straight Thru,Traditional
  • Area
  • 19144
  • MLS#
  • PAPH919722
  • Zip
  • 19144
Listing Provided by: Compass Pennsylvania, LLC

Features

General

Acceptable Financing Cash, Conventional
Accessibility None
Architectural Style Straight Thru, Traditional
Avg. Electric Per Month 125.0
Construction Materials Masonry, Other
Cool Fuel Electric
Cooling Window Unit(s)
County PHILADELPHIA
Flooring Carpet, Hardwood
Garage Y/N No
Heating Baseboard - Electric
High School District THE SCHOOL DISTRICT OF PHILADELPHIA
Historic Y/N No
MLS Area 19144 (19144)
New Construction No
One Bedroom Units Count 2
Other Structures Above Grade, Below Grade
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 155.19
Property SubType Other
Property Type Multi-Family
PropertyCondition Good
Real Estate Owned Y/N No
Rent Control Y/N No
Sewer Public Sewer
Single Room Units Count 1
Structure Type Detached
Tax Year 2020
Total Units 4
Two Bedroom 1
Vacation Rental Y/N No
Water Access Y/N No
Zoning CMX2

Interior Features

Avg. Heating Oil Per Month 0.0
Basement Full, Outside Entrance, Interior Access, Unfinished
Basement Y/N Yes
Central Air Y/N No
Fireplace Y/N No
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric
Living Area 3834
Utilities Cable TV, Electric Available

Exterior Features

Lot Dimensions 20.77 x 109.70
Lot Features Level
Lot Size Acres 0.05
Lot Size Source Assessor
Lot Size Square Feet 2278.00
Navigable Water Y/N No
Pool Y/N No Pool
Spa No
Type of Parking Alley
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Ashburn, VA office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% 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.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/29/2020 Listed $595,000

Property vs Zip Code Average in 19144

Price
AVG $490K
$600K
Taxes
AVG $1,860
$2,006
Visits
AVG 48
31
Year Built
AVG 1902
1905

Map

6371 Germantown Avenue Philadelphia, PA is a Single Family Home for sale at $595000 and a lot size of 2,178 SqFt Acre(s). 6371 Germantown Avenue Philadelphia has 4 bedrooms, 0 baths and was built in 1905. The property's zip code is 19144 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.