261 E. High Street Philadelphia, Pennsylvania
Listed By CENTURY 21 Advantage Gold
The Commercial Property for Sale located at Philadelphia, Pennsylvania is currently for sale. Philadelphia, Pennsylvania is listed for $875,000. This property has detached garage features. If the property located at Philadelphia, Pennsylvania isn't what you're looking for, visit https://www.century21global.com to see other Commercial Properties for Sale in Philadelphia .
Date Updated : Jan 9, 2025
MLS#: PAPH2418556
$875,000 USD
- Minimum sellable space678m² (7,300ft²)
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.