6516 Germantown Ave Philadelphia, PA 19119
- Investment properties
- 3,704 SF
- 0.04 lot acres
Current Use by Public Records
- Investment properties
Property Details for 6516 Germantown Ave
- Year built
- 1925
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.04 lot acres
- Property size
- 3,704 SF
- Zone code
- CMX2
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 88-2-9356-10
- APU
- 882935610
Description
This exceptional 2023-built, three-story apartment building at 6516 Germantown Avenue presents a unique investment opportunity in Philadelphia's desirable West Mount Airy neighborhood. Boasting 5,555 square feet, this property features four luxury apartments, each priced at $450,000, totaling an asking price of $1,800,000. The building benefits from a prime location on Germantown Avenue, a main commercial corridor, with a commanding 69-foot frontage. The ground floor is designed for a destination restaurant, adding significant income potential. The upper three floors house three spacious, well-appointed apartments. Residents can enjoy a sweeping panoramic rooftop terrace. The property is zoned CMX2, reflecting its mixed-use potential. This new construction offers exceptional curb appeal and presents a strong investment opportunity in a highly sought-after historic district. The building's modern design and prime location combine to create a truly remarkable property. With its impressive features and strong potential for rental income, this is an exceptional opportunity for discerning investors.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.184
- Latitude
- 40.049
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA