2563 Germantown Ave,PHILADELPHIA, PA 19133
PHILADELPHIA, PA 19133
Description
Welcome to 2563 Germantown Avenue, a fully tenant-occupied 8-unit commercial income property offering strong cash flow and versatile investment potential in the heart of Philadelphia. This three-story mixed-use building features a well-established daycare occupying the entire first floor, along with seven additional flex-space rental units spread across the second and third floors. The first-floor daycare operates from its own private entrance and includes access to a fenced-in paved rear lot currently utilized as an outdoor play area. With rear alley access and an exterior entry point, this space also presents the potential for future off-street parking use. A separate entrance services the upper levels, providing convenient access to the remaining tenant spaces. The second floor offers four flex-space units along with a shared bathroom, while the third floor includes three additional flex-space units, another shared bathroom, and bonus storage space. Each unit throughout the property is individually heated and cooled with mini-split systems, providing efficient climate control and tenant flexibility. All eight units are currently occupied, creating immediate and stable rental income. The property generates a gross monthly income of $3,900 and a net monthly income of approximately $3,250. Annual gross income totals $46,800 with a net annual income of approximately $39,000. Utilities are included in the monthly rent, with average monthly expenses of approximately $650 covering water, sewer, and electric. Located along the Germantown Avenue corridor with convenient street parking and easy accessibility, this turnkey commercial investment presents an excellent opportunity for investors seeking a fully leased asset with long-term upside. Lease agreements are available for review with submission of an offer.
Details
| MLS # | PAPH2627590 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1915 |
| Days On Site | 145 |
| Listing Provided By | Keller Williams Real Estate - West Chester | Deneen Sweeney |
Features
| Story(s) | 3 |
|---|---|
| Units | 8 |
| Zoning | CMX2 |
| Acreage | 0.05 |
Interior
| Cooling | Ductless/Mini-Split |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
Exterior
| Roof | Flat |
|---|---|
| Security Features | Smoke Detector |
| Construction Materials | Masonry |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 1822 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19133 |
| Area | 19133 (19133) |
| Community Name | HARTRANFT |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in HARTRANFT) | |
Price: $385,000 low | high Med: $194,500 On site: 145 low | high Med: 71 | |
Market Activity 19133
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19133 |
| Area | 19133 (19133) |
| Community Name | HARTRANFT |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in HARTRANFT) | |
Price: $385,000 low | high Med: $194,500 On site: 145 low | high Med: 71 | |
