261 E. High Street
Philadelphia, Pennsylvania 19144, United States

MLS#: PAPH2418556

$875,000 USD

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

Property features

Date Updated: Nov 21, 2024

Key features

detached garage

Other features

Property features
Patio
Appliances
Oven / Range
Ceiling Fan

Area

Property size
678m² (7,300ft²)
Cooling system
Window Unit(s)
Heating system
Gas

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.

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Location

261 E. High Street, Philadelphia, Pennsylvania 19144, United States
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