This two-story mixed-use property presents a strong opportunity for an investor looking for stable income today with additional upside built in.
Located in Philadelphia’s East Germantown neighborhood, the property includes one commercial storefront and one residential unit.
Commercial Unit: Currently leased at $1,600/month with 8 years remaining on a 10-year lease
Residential Unit: Currently vacant with projected rent of ~$1,400/month
This setup gives you immediate cash flow from day one with the ability to increase returns by leasing the apartment.
Current Monthly Income: $1,600
Projected Monthly Income (Fully Leased): $3,000
Projected Annual Gross Income: $36,000
Lot Size: 17’ x 70’ (1,190 sq. ft.)
Building Size: 2,223 sq. ft.
Zoning: CMX1 (Commercial Mixed-Use)
Construction: Masonry
Annual Trash $500
Annual Property Tax $1,212.60
Investment Highlights
Turnkey Asset: Fully leased with strong tenant stability
Long-Term Cash Flow: Commercial tenant locked in for 8 more years
Low Maintenance: Tenant-paid utilities reduce ownership costs
Growing Neighborhood: East Germantown is experiencing redevelopment and rising property values
Accessible Location: Close to US-1, PA-611, I-76, and PA-309, providing easy access to Center City Philadelphia and surrounding areas
What the owner loves about this home
Turnkey Mixed-Use Investment Property – Germantown
This fully occupied two-story mixed-use property presents an excellent opportunity for a hands-off investor seeking long-term rental income. Situated in Philadelphia’s East Germantown neighborhood, this property features one commercial unit and one residential unit, both leased with stable cash flow.
39 days
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304
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22
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Listed by:
Property Owner(267) 580-9820
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Appliances
Included: Freezer, Microwave, Range / Oven, Refrigerator
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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