$ 385,000
-
$385,000
Price -
0
Bed -
0
Bath -
3,048
SqFt
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About the Listing KELWLMWC - 3136797,3138699
Welcome to 2563 Germantown Avenue, a fully tenant-occupied 8-unit commercial income property offering strong cash flow and versatile investment potential in the heart of Philadelphia. This three-story mixed-use building features a well-established daycare occupying the entire first floor, along with seven additional flex-space rental units spread across the second and third floors. The first-floor daycare operates from its own private entrance and includes access to a fenced-in paved rear lot currently utilized as an outdoor play area. With rear alley access and an exterior entry point, this space also presents the potential for future off-street parking use. A separate entrance services the upper levels, providing convenient access to the remaining tenant spaces. The second floor offers four flex-space units along with a shared bathroom, while the third floor includes three additional flex-space units, another shared bathroom, and bonus storage space. Each unit throughout the property is individually heated and cooled with mini-split systems, providing efficient climate control and tenant flexibility. All eight units are currently occupied, creating immediate and stable rental income. The property generates a gross monthly income of $3,900 and a net monthly income of approximately $3,250. Annual gross income totals $46,800 with a net annual income of approximately $39,000. Utilities are included in the monthly rent, with average monthly expenses of approximately $650 covering water, sewer, and electric. Located along the Germantown Avenue corridor with convenient street parking and easy accessibility, this turnkey commercial investment presents an excellent opportunity for investors seeking a fully leased asset with long-term upside. Lease agreements are available for review with submission of an offer.
Listing Highlights
Status
Active
Days on Site
68
Property Type
Commercial Sale
MLS ®
PAPH2627590
Year Built
1915
Total Square Footage
3,048
Lot/Acreage
0.05
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Ductless/Mini-Split
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 19.00 x 121.00
- Zoning: CMX2
- Roof: Flat
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $1,822
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
2563 Germantown Ave Philadelphia, PA 19133
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