261 E. High Street
Philadelphia, Pennsylvania

MLS#: PAPH2418556

$875,000 USD

  • Minimum sellable space
    678m²  (7,300ft²)
The details

Property features

Key features

  • detached garage

Other features

  • Property features: Patio
  • Appliances: Oven / Range Ceiling Fan
  • Cooling system: Window Unit(s)
  • Heating system: Gas

Area

  • Property size: 678m²  (7,300ft²)

Description

An exceptional 6 UNIT investment opportunity awaits in the vibrant Germantown Philadelphia. 7,036 SF multifamily property located at 261 E High St comprised of 2 detached homes. See unit breakdown in documents. Amazing curb appeal with a long driveway leading to 2 detached garages (now rented separately) and ample parking for the tenants. The main entrance to the large Victorian leads into breathtaking 3BR bi-level unit, which preserved it's original wood work and floors and will take your breath away. This unit could be converted to a unique AirBandB for even higher potential income or for owner to move into once lease is up. 5 units are in the Victorian property and the 6th unit - also a 3BR is behind the main house. It is detached and has a spacious open layout. Nestled in the historic Germantown neighborhood, this property promises significant appreciation potential and steady rental income. Boasting a prime location with proximity to public transportation, schools, and shopping centers, High St. is perfect for attracting a diverse tenant base. The property offers well kept and spacious living areas, making it an attractive option for both tenants and investors. Investment Pro-Forma is in documents.

This paragraph can be translated by Bing Translate. Translate

Location

Philadelphia, Pennsylvania