8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
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8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
8022 Germantown Ave
Sold

8022 Germantown Ave

8022 Germantown Ave, Philadelphia, PA 19118

$505,000
Investment Opportunity: Mixed-Use Building in Chestnut Hill with Commercial and Residential Rental Income. This well-maintained mixed-use building offers a bi-level retail space on the first floor consisting of approximately 850sqft with convenient and open access to the basement for ample overflow space (roughly 750sqft additional). Above the store is a bright and spacious 1-bedroom apartment with a large living room complete with Juliette balcony, dining area, spacious working kitchen with gas cooking, ample wood cabinetry and tiled countertop, full bath with shower over tub, and in-unit laundry. The apartment layout offers the potential to be converted into a two-bedroom unit to maximize value with higher rental income. Out back is a small courtyard and open rear yard. The commercial space is occupied by the long term and established business - Chestnut Hill Audio - with a lease through June of 2024 at $2,000 per month. The residential unit is currently rented for $1,400/mo through June of 2024.

Located on bustling Germantown Avenue, this property is just steps away from some of the best shops, restaurants, and public transportation of the Chestnut Hill business corridor.

1,718 Sq.Ft. LIVING AREA

2,068 Sq.Ft. lot

Larry DiFranco

Larry DiFranco

Neil DiFranco

Neil DiFranco

Paul Walsh Jr.

Paul Walsh Jr.

Features & Amenities

Interior

  • APPLIANCES Electric Water Heater

Area & Lot

  • Status Sold
  • Living Area1,718 Sq.Ft.
  • Lot Area2,068 Sq.Ft.
  • MLS® IDPAPH2283680
  • TypeCommercial
  • YEAR BUILT1930
  • NeighborhoodNorthwest Philadelphia

Exterior

  • water SourcePublic
  • parkingOn Street
  • HEAT TYPEForced Air, Baseboard, Hot Water, Radiant, Natural Gas
  • AIR CONDITIONINGCentral Air, Window Unit(s)
  • sewerPublic Sewer

Financial

  • Sales Price$505,000
  • Real Estate Tax $5,690/yr
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