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Investment Highlights

  • By Right quadplex (buyer to independently verify with an architect)
  • Above Market Cap Rate Post Construction
  • High Foot Traffic, Attractive For Commercial Tenants
  • Existing Usable Structure

Executive Summary

Large mixed-use zoned building located on the booming Germantown Ave corridor of North Philadelphia. This solid 3 story property id deep and ready for an investor to develop a 4 unit cash flowing property! Property has limited access and can be shown to serious buyers. There needs to be a wall erected between this building and 3522 Germantown ave. Additionally the building has a massive amount of clothing and product from the previous business owner which need to be removed.

Property Facts

Price $252,884 CAD
Price Per Unit $63,221 CAD
Sale Type Investment
Sale Conditions
Build to Suit
  • Deferred Maintenance
  • Redevelopment Project
  • Building in Shell Condition
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.04 AC
Building Size 3,072 SF
No. Stories 3
Year Built 1925
Opportunity Zone Yes
Zoning CMX2 - by right for quadplex (buyer to independently verify with an architect)
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
871567190
Land Assessment
$37,578 CAD
Improvements Assessment
$150,313 CAD
Total Assessment
$187,891 CAD
  • Listing ID: 28586230

  • Date on Market: 2023-05-26

  • Last Updated:

  • Address: 3526 Germantown Ave, Philadelphia, PA 19140

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