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    168 E Herman Street

    PHILADELPHIA, PA 19144
    • $549,900
    • STATUS: Active
    • ON SITE: 52 days
    • ID#: PAPH2014930
    UPDATED: 18 min ago
    $549,900
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1910
    County:

    School Ratings & Info

    Description

    Calling ALL INVESTORS! Tucked away approximately two blocks off Germantown Avenue, close to shopping, transportation and Lincoln Drive is a Five unit residential building already filled with reliable tenants. There are three 2 BR / 1BA units, 1- 4BR 2BA and 1 -1BR/1BA unit. Including a newly installed sewer line, all units were updated with tile floors, granite countertops in all units and a coin operated washer and dryer facility in the basement. With all the development happening in Germantown, you'll want to get in on the action. Reliable tenants are currently in place. This property sits on a large lot with lots of potential to sub divide and add to your portfolio. All electric, these units are metered individually. The building is up to code and even includes Exit signs. This property features a very rare find in the heart of Germantown, a very spacious bilevel third floor unit that has four bedrooms and two baths, washer and dryer within the unit, hardwood floors throughout, and a tenant who is consistent and timely with his monthly obligations. All units with the exception of one, will use the main doors to enter the building. As you enter, to the right you will find a one bedroom apartment, up the stairs there are two apartments to the right and straight ahead is the coveted, 100% updated and spacious four Bedroom unit. Outside, on the left, by the entrance to the basement, you will find access to another apartment that has recently been renovated and rented. In the basement you will find a coin operated washer and dryer, extra income. A SPRINKLER SYSTEM has been installed!

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lux Living Group | Keller Williams Main Line. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-22T06:59:26.283.
    www.luxlivinggroup.com/homes/119912028
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    168 E Herman Street PHILADELPHIA, PA 19144

    • Price: $549,900
    • Status: Active
    • Updated: 18 min ago
    • ID#: PAPH2014930
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    1910
    Built
    Neighborhood:
    Germantown
    County:
    Philadelphia
    Area:
    19144 (19144)
    School District:
    The School District Of Philadelphia
    Property Description
    Calling ALL INVESTORS! Tucked away approximately two blocks off Germantown Avenue, close to shopping, transportation and Lincoln Drive is a Five unit residential building already filled with reliable tenants. There are three 2 BR / 1BA units, 1- 4BR 2BA and 1 -1BR/1BA unit. Including a newly installed sewer line, all units were updated with tile floors, granite countertops in all units and a coin operated washer and dryer facility in the basement. With all the development happening in Germantown, you'll want to get in on the action. Reliable tenants are currently in place. This property sits on a large lot with lots of potential to sub divide and add to your portfolio. All electric, these units are metered individually. The building is up to code and even includes Exit signs. This property features a very rare find in the heart of Germantown, a very spacious bilevel third floor unit that has four bedrooms and two baths, washer and dryer within the unit, hardwood floors throughout, and a tenant who is consistent and timely with his monthly obligations. All units with the exception of one, will use the main doors to enter the building. As you enter, to the right you will find a one bedroom apartment, up the stairs there are two apartments to the right and straight ahead is the coveted, 100% updated and spacious four Bedroom unit. Outside, on the left, by the entrance to the basement, you will find access to another apartment that has recently been renovated and rented. In the basement you will find a coin operated washer and dryer, extra income. A SPRINKLER SYSTEM has been installed!
    Exterior Features

    Construction Materials Stone Garage YN No Parking Types On Street Property Condition Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 3500.00 Cooling None Exclusions All Tenants Belongings. Heating Hot Water Heating YN Yes Net Square Feet 3500.00

    Property Features

    Acceptable Financing ConventionalCashVaFha Accessibility Features None Assessment Year 2021 Association YN No Business Type Apartment Building Central Air YN No Cooling Fuel None Cross Street Germantown And Herman Electric Average Monthly 50 Electric Expense 1750.00 Electric Last12 Months 600.00 Gross Income 52200.00 Heating Fuel Electric Historic YN No Hot Water Electric Lease Considered YN No Municipality Philadelphia Navigable Water YN N Net Operating Income 42817.00 New Construction YN No Number Of Units Total 3 Operating Expense 8600.00 Original MLSNumber 800898523028 Other Expense 1300.00 Owner Pays WaterTaxes - Real Estate Ownership Interest Fee Simple Possession Immediate31-60 Days Cd0-30 Days Cd Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 1523.00 Tax Assessment Amount 108800.00 Tax Lot 28 Total Actual Rent 52200.00 Trash Expense 300.00 Vacation Rental YN No Water Source Public Zoning Rsa3

    Listing courtesy of Keller Williams Real Estate-Blue Bell.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lux Living Group | Keller Williams Main Line. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-22T06:59:26.283.
     
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