7120 GERMANTOWN AVENUE
Philadelphia, Pennsylvania, 19119, United States
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ft²
0.04
acres
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beds
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baths
Property Provided By
- Taison DeVore
- Trinity Property Advisors
- +1 (215) 678-4254
Connect with local buyer agents who are willing to offer commission savings!
Property Information
Great investment opportunity in Mt Airy. This Mixed use triplex can be a great opportunity for a savvy buyer or investor. The property next door at 7122 Germantown Ave is also being sold at $700k each building. Both ground floor commercial spaces have tenants. the other floors left unoccupied. Previous tenants were medical practitioners that used the entire building. The Condos across the street at 7111 Germantown are selling for $540,000 and up. This is a chance to create a modern living space that rival the condos without having association fees plus gaining cash flow from the other apartments. If you take the investor approach, the building is zoned Cmx2.5 you can build additional floors, and get more units. Cmx 2.5 allows a developer to build up to 55ft in height which will equal to 5 floors on each building. This property would also work well for a cafe or coffee shop owner that can take advantage of the traffic and residential support and strength of this community. Seller is open to seller financing, and will hold the note. The possibilities are endless, Bring your vision and creativity.
Directions
On Germantown between East Durham St, and W. Mt. Pleasant
Source Disclaimer
Listing Information © 2024 BrightMLS. All Rights Reserved.
Courtesy of Taison DeVore, Trinity Property Advisors taisondevore@gmail.com
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available.
This content last updated on 2024-12-21 05:02:38.
Property Provided By
- Taison DeVore
- Trinity Property Advisors
- +1 (215) 678-4254
Connect with local buyer agents who are willing to offer commission savings!
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