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Charles C. Heyward, Jr.

charles@heywardhomes.com +1(240) 604-9639

Listed by Tony Marchese • Coldwell Banker Realty

$ 1,100,000

Est. payment | -/mo

0.26 Acres Lot

Save

$ 1,100,000

Est. payment | -/mo

Save

0.26 Acres Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision Germantown (West)

MLS Listing ID PAPH2621230

Year Built 1900

Available Date 2026-05-21

Annual Tax Amount $10,317

Tax Year 2026

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 85 x133

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Price has been reduced by $100,000 which makes this property a Fantastic Investment Opportunity with a cap rate of 7.5%. This is an ideal money maker for either a seasoned investor or someone new to the real estate investment world. This mansion, built as a private residence in 1900, was converted to its present use as a 9 unit apartment building and is well situated on an 11,000 plus square foot corner lot. A large porch area on the first level opens into a beautiful central hall leading to 4 apartments. A staircase leads up to 4 more units on the second floor and an additional apartment on the third floor. The current tenants are business professionals, consultants and/or entrepreneurs. The apartments have been very easy to rent and the building is very close to public transportation. It is located in the residential section of West Germantown which is replete in history and conveniently located to Center City, where rents are considerably higher.

Location

State PA

County Philadelphia

Area 19144 (19144)

Zoning RSA3

Interior

Hot Water Natural Gas

Heating Central

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Utilities Available Natural Gas Available, Electric Available

Water Access N

Accessibility Level Entry - Main

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 593074400

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(240) 604-9639

charles@heywardhomes.com

16701 Melford Blvd, Ste 100, Bowie, MD, 20715

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105 W TULPEHOCKEN Philadelphia, PA 19144