6755 GERMANTOWN AVENUE

PHILADELPHIA, PA, 19119

$1,720,000

$301 per ft²
$1,720,000
$301 per ft²
Active
Active
 - For Sale
carpenters-square
5,700 ft²
property_type
Multi-family
calendar
Built 1925
MSC is proud to exclusively offer for sale 6755-57 Germantown Avenue in Mount Airy, Philadelphia. The property is a three-story, 5,700 sf mixed-used building conveniently located along a prime corridor of Germantown Avenue. The three-story building consists of 2,000 square feet of commercial ground floor space that is currently occupied by The Gathering Place, an event space that has been operating in the building for over a decade. Located on the second and third floors of the building is a combination of 6 residential units occupying 3,700 square feet. In 2021 the residential units were completely gutted and renovated. Today they are fully occupied luxury living spaces serving Mount Airy residents. The property offers an investor the opportunity to purchase a stabilized mixed-use building in the heart of Mount Airy, Philadelphia. Mount Airy has seen a tremendous amount of development and revitalization over the past few years, especially along Germantown Avenue. There are roughly 250,000 square feet of new and redeveloped projects under construction and over 500,000 square feet of combined retail, office, & residential properties built in the last two years. This is an opportunity to purchase a true one-of-a-kind property situated along one of the most prominent corridors in the vastly growing Mount Airy neighborhood.
MLS® ID:
PAPH2117076
Updated:
9/26/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central A/C
Heating
Central

Exterior/Building Features

Lot Size
2,432 ft² lot
Architectural Style
Other
Sewer
Public Septic

School Information

School District
THE SCHOOL DISTRICT OF PHILADELPHIA

Other Property Details

Area Name
19119 (19119)
Taxes
$4137.00
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
PHILADELPHIA
Water Source
Public
Pool
No
Zoning
CMX2

Property History

Date
Event
Price
Value
7/12/22
Price Change
$1,720,000
-4%
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