Philadelphia, PA 19144

Sold 5/4/2016
  • 4,273
Multi-Family Home

5222-5224 Germantown Avenue is an excellent, positive cash flow investment opportunity!!! Located in a historic part of the Germantown neighborhood, on a quarter acre lot, this well maintained building dates all the way back to 1802. The first floor is a storefront, currently rented to a solon, with five spacious, highly detailed apartments upstairs that provide steady, long term tenants and excellent rental income. In addition, all units are self contained with their own separate gas and electric meters. This assemblage also offers off street parking for the tenants, and a separate rented garage. Surrounded by other historic lovely homes and stores in this active commercial corridor, this savvy property is a gem in a bustling area with old world charm. Priced to sell and a great investment, check this property out ASAP, you won't be disappointed! All this property does is make money! Earn 22%+ return on your money invested.

Property Details
  • Philadelphia
    school district
  • $3,887.00
  • 1918
  • 3
  • 6476765
Natural gas heat
School district: Philadelphia
One car garage
Detached parking
Off street parking
Brick exterior
Lot acreage is: 0.24
Lot dimension is: 46X233
Subdivision: GERMANTOWN
Lot zoned: RSA3
Public sewer
Public water
Units in building(s): 7
Property style: 1
Tax year: 2016
Bedrooms in unit #1: 1
Bedrooms in unit #2: 1
Bedrooms in unit #3: 1
Bedrooms in unit #4: 1
Baths in unit #1: 1
Baths in unit #2: 1
Baths in unit #3: 1
Baths in unit #4: 1
Courtesy of:
BHHS Fox & Roach-Center City Walnut

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Name Type GreatSchools
Kelly John B School Elementary School / Public 1 0.49 mi.
King Martin Luther High School High School / Public 1 1.77 mi.
St. Barnabas Episcopal School * Pre-School, Elementary School / Private N/A 0.2 mi.
Wister John School * Pre-School, Elementary School / Public 1 0.16 mi.
Germantown Friends School * Elementary School, Middle School, High School / Private N/A 0.19 mi.
Germantown Islamic School * Elementary School, Middle School, High School / Private N/A 0.3 mi.
Address Distance Sale date Sale price
5222-24 GERMANTOWN AVE 0 mi. 5/4/2016 $359,000
250-58 W HARVEY ST 0.72 mi. 2/7/2017 $340,000
6000 GREENE ST 0.75 mi. 11/16/2017 $280,000
246 W WALNUT LN 0.85 mi. 3/31/2017 $405,000
20 W TULPEHOCKEN ST 0.96 mi. 2/13/2018 $402,000
305 E WALNUT LN 1.01 mi. 6/7/2017 $311,000
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5222-24 GERMANTOWN Avenue, Philadelphia, PA 19144 multi-family home was sold for $359,000.
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Data last updated: 2/24/2018.
School ratings are supplied by GreatSchools. School attendance zone boundaries are supplied by Maponics. Both are subject to change.

* indicates a school is in close proximity to this home, but this home is not guaranteed to fall within the school's attendance zone boundaries. Check with the applicable school district prior to making a decision based on these boundaries.