$1,730,000
$1,995,000
13.3%For more information regarding the value of a property, please contact us for a free consultation.
7200-6 GERMANTOWN AVE Philadelphia, PA 19119
12,438 SqFt
Key Details
Sold Price $1,730,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 12,438 sqft
Price per Sqft $139
MLS Listing ID PAPH2283446
Sold Date 05/07/24
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $16,551
Tax Year 2022
Lot Size 6,624 Sqft
Acres 0.15
Lot Dimensions 92.00 x 72.00
Property Description
Boasting a distinctive Art Deco spired-crowned facade, this mixed-use investment property is a landmark in Mount Airy’s vibrant business district. Offering two retail units and nine one-bedroom apartments, this 2-story stucco/masonry building is a prime investment. One commercial unit is leased to a beverage retailer. The other commercial unit is vacant and was last occupied by a restaurant tenant. The nine apartments with separately metered utilities have full kitchens, C/A, many skylights, mostly hardwood floors, & coin-operated washers & dryer. The gross operating income includes the prior tenant's rent for the vacant commercial space. The "Tourison Building" (developed by Sedgwick Tourison in 1929) was originally the "White Swan Hotel" and is registered by both City and State as architecturally significant.
Location
State PA
County Philadelphia
Area 19119 (19119)
Zoning CMX25
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Built-Up
Accessibility None
Garage N
Building
Lot Description Corner
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881050600
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Matthew B Spector • BHHS Fox & Roach-Chestnut Hill
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