#PAPH2450250, Ashley Collins, Listing Office: Tesla Realty Group, LLC
5116 Germantown Ave Philadelphia, PA 19144
Property details
About 5116 Germantown Ave
Turnkey Investment Opportunity: Remodeled Mixed-Use Property with Tenants. Attention investors seeking a lucrative addition to their portfolio! We present a rare opportunity to acquire a professionally renovated, mixed-use property in the heart of Philadelphia's thriving Germantown neighborhood. Zoned CMX 2.5 for Commercial/Mixed Use, this property offers a unique blend of modern amenities with tenants, ensuring immediate cash flow and long-term appreciation. Professionally renovated with modern taste and attention to detail, New windows, bathrooms, and brand-new central air system throughout. Consists of 2 units plus a full basement with high ceilings, offering versatile space 1 storefront currently operating as a daycare business, and 1 apartment unit Tenants in place, providing immediate cash flow. Prime location surrounded by renowned educational institutions, including LaSalle University, Drexel University College of Medicine, and Thomas Jefferson University East Falls Campus. Don't miss this chance to secure a high-yielding, cash-flowing property in a desirable neighborhood. Contact us today to schedule a viewing and take the first step towards building a robust and diversified investment portfolio.
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2303172
- MLS Name: BRIGHT
- Office Name: Realty Mark Associates
- Office Phone: (215) 376-4444
- Listing Agent: Tahzib Bacchus
- Agent Phone: (267) 689-7355
- Agent Email: bacchussellsrealestate@gmail.com
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Last updated on: 4/17/2025, 5:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$445,000
5116 Germantown Ave
$5,284
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 23, 2018 | Home Sold | $45,000 |
Sep 21, 2017 | Home Sold | $25,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $124,000 | $1,735 |
2022 | $124,000 | $2,400 |
2021 | $- | $2,400 |
2020 | $171,500 | $2,400 |
2019 | $169,900 | $2,378 |
2018 | $165,000 | $2,309 |
2017 | $178,700 | $2,501 |
History based on county public records data.
Nearby schools
4
Mastery Charter School John Wister Elementary School
Public Charter KG-5
0.2 mi
•67 E Bringhurst St
3
John B. Kelly Elementary School
Public District KG-5
0.5 mi
•5116 Pulaski Ave
3
James Logan Elementary School
Public District KG-5
0.8 mi
•1700 Lindley Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,458. The most common annual income of people living in Philadelphia, PA is less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 5116 Germantown Ave
This home is located at 5116 Germantown Ave in Philadelphia, PA and zip code 19144 in the Germantown / Chestnut Hill neighborhood. This 3,106 square foot home, which was built in 1900, sits on a 0.05 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since December 6, 2023 and is currently priced at $445,000.
While more than 174 listings in Philadelphia, PA in March 2025 were sold above asking price, there were more than 171 listings sold at asking price, and more than 344 were sold below. In March 2025 in Philadelphia, PA there were 29.2% more homes for sale than in February. While the average time on the market in March 2025 was 50 days, the median list price was $269,412.