Philadelphia, PA 19122,1631 GERMANTOWN AVE
Philadelphia, PA 19122,1631 GERMANTOWN AVE
Philadelphia, PA 19122,1631 GERMANTOWN AVE
$676,500
Est. payment /mo
$675,000
0.2%
Est.Price: ?

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2,339 SqFt
SOLD DATE : 08/11/2023

Key Details

Sold Price $676,500

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,339 sqft

Price per Sqft $289

Subdivision Olde Kensington

MLS Listing ID PAPH2166730

Sold Date 08/11/23

Style Contemporary,Straight Thru,Other

Abv Grd Liv Area 2,339

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $2,052

Tax Year 2021

Lot Size 2,018 Sqft

Acres 0.05

Lot Dimensions 35.00 x 57.66

Property Description

Welcome to 1631 Germantown Avenue, the triplex you have been waiting for. A tremendous investor opportunity or for an owner-occupied setting. A fully remodeled and renovated triplex in Olde Kensington; one of the hottest and most thriving areas in Philly. This location is growing at rapid speeds. 1631 Germantown includes 3 separate units (condos or apartments), with 1 unit per floor in a 3-story property. Each unit offers a generously sized living/dining room combo, 2 very spacious bedrooms, 1-bathroom, great closet, and storage space and all the bells and whistles. There’s hardwood flooring throughout and each kitchen is furnished with stainless steel appliances giving a warmly desirable modern feel with great finishes. Each apartment has their own HVAC system, which includes central air and gas heat. Additionally, the 3rd floor unit offers a vaulted/cathedral style ceiling in the living room. Modern recessed lighting and large spaces make each apartment feel welcoming. Utilities are separately metered. Vacant and easy to show. Recent comparable leases in immediate vicinity for similar 2-bedroom 1-bathroom apartments have high value with low DOM. Great investment opportunity! There is an enormous amount of development in the area, including both residential and commercial. Numerous restaurants, pubs, grocery stores, pet supply stores and greenspaces are all nearby, as well Temple, Northern Liberties and Fishtown; all within a short walk away. Numerous Indego Bike Shares a short walk away, as well as phenomenal public transportation, including Girard Ave Trolley, the MFL and buses. Please call with any questions. Property is available for immediate possession. Room dimensions/measurements and 3D Matterport tour available upon request. Schedule your showing today, this is a must see rare opportunity.

Location

State PA

County Philadelphia

Area 19122 (19122)

Zoning RM1

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C, Ceiling Fan(s)

Flooring Hardwood, Tile/Brick

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Septic

Water Public

Architectural Style Contemporary, Straight Thru, Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 881078730

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Kevin R Wilkins • BHHS Fox & Roach-Center City Walnut
Bought with Israel Villafana • Compass RE

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Irma Rodriguez

+1(302) 357-1823

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