6200 Germantown Ave - Apartments FOR SALE


Philadelphia, PA 19144- Germantown
$650,000 USD
267-243-4652
6200 Germantown Ave, Philadelphia, PA for Sale
$650,000 USD
Apartments - FOR SALE
1/27
null | Request Cap Rate

6200 Germantown Ave
Philadelphia, PA 19144
Germantown


HIGHLIGHTS

  • Six-Unit Mixed-Use Property
  • Prime Corner Location on Germantown Ave
  • Surrounded By Major Redevelopment Projects
  • High-Growth Investment Opportunity
  • Prime High Traffic Location

OVERVIEW

Philly CRE Advisors is proud to present 6200 Germantown Avenue, a rare investment opportunity situated in the heart of Germantown’s rapidly transforming corridor. This six-unit mixed-use property offers tremendous value-add potential and is currently configured with five spacious one-bedroom apartments and a bi-level commercial space, perfect for a café, coffee shop, or boutique retail concept. Renovation work is already underway, providing the next owner with a head start on completing the project and capturing strong upside upon stabilization. The property benefits from excellent visibility along Germantown Avenue, and as a corner building, it enjoys abundant natural light, making the residential units especially desirable once finished. Positioned amid significant neighborhood growth, 6200 Germantown Avenue sits steps from major redevelopment projects, including the historic Germantown High School transformation into The Annex, new mixed-use infill buildings along the 6200 block, and the ongoing Wayne Junction revitalization, all of which are driving residential demand and strengthening local retail fundamentals. This is a rare opportunity to complete a value-add project, lease the apartments at market rates, and activate the commercial space within one of Northwest Philadelphia’s most dynamic redevelopment corridors. Property is being sold as-is.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$124 USD /SF

# OF UNITS

5

PRICE/UNIT

$130,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6200 Germantown Avenue

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

1,963 SF

ZONING

CMX2

APN/PARCEL ID

881097315

ASK ABOUT THIS PROPERTY

Eric DvotskyBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
267-243-4652

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Eric DvotskyBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
267-243-4652

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.