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406 W Chelten Avenue W

PHILADELPHIA, PA 19144
  • $910,000
  • STATUS: Active
  • ON SITE: 110 Days
  • ID#: PAPH2295192
Price Reduced
UPDATED: 46 min ago
$910,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1925
County:

School Ratings & Info

Description

Well-maintained, Mixed-use Income producing property in historic Germantown. with 5 rentals units and store front zoned CMX2 Ideal location that is highly visible, accessible, and expandable. This stone front twin Victorian features a warm and inviting beauty salon that has been successfully owned and operated for many years. Ideally, this unit can be leased at market rate and is currently leased backed to Owner. The rear of building offers space for unlimited potential like pop-up shops, office and or other services and a beautiful backyard great for outdoor entertainment. This stunning Victorian style mansion features high ceiling hardwood floors and five additional rental units. On the first floor there is a spacious two-bedroom apartment with fireplace and laundry facilities. Two one-bedroom unit on Secord floor and two one-bedroom units on third floor. The building is up to date on all safety and fire codes and surveillance system. All tenants+GG utilities are separate. There is a one car garage that is also rented for a $100.00 monthly. Property is Less than one mile from regional train lines, public transportation, scenic Lincoln drive with accessible roadways to I-76 and downtown Philadelphia. Only minutes away from Center City. Close to restaurants and shops in West Mt. Airy and Chestnut Hill and walking trails in nearby Fairmount Park. Great investment property and/or owner-occupant /business. Price adjustment

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-27T11:54:30.493.
www.newhometeammd.com/homes/145093003
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406 W Chelten Avenue W PHILADELPHIA, PA 19144

  • Price: $910,000
  • Status: Active
  • On Site: 110 Days
  • Updated: 46 min ago
  • ID#: PAPH2295192
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1925
Built
Neighborhood:
19144 (19144)
County:
Philadelphia
Area:
19144 (19144)
School District:
The School District Of Philadelphia
Property Description
Well-maintained, Mixed-use Income producing property in historic Germantown. with 5 rentals units and store front zoned CMX2 Ideal location that is highly visible, accessible, and expandable. This stone front twin Victorian features a warm and inviting beauty salon that has been successfully owned and operated for many years. Ideally, this unit can be leased at market rate and is currently leased backed to Owner. The rear of building offers space for unlimited potential like pop-up shops, office and or other services and a beautiful backyard great for outdoor entertainment. This stunning Victorian style mansion features high ceiling hardwood floors and five additional rental units. On the first floor there is a spacious two-bedroom apartment with fireplace and laundry facilities. Two one-bedroom unit on Secord floor and two one-bedroom units on third floor. The building is up to date on all safety and fire codes and surveillance system. All tenants+GG utilities are separate. There is a one car garage that is also rented for a $100.00 monthly. Property is Less than one mile from regional train lines, public transportation, scenic Lincoln drive with accessible roadways to I-76 and downtown Philadelphia. Only minutes away from Center City. Close to restaurants and shops in West Mt. Airy and Chestnut Hill and walking trails in nearby Fairmount Park. Great investment property and/or owner-occupant /business. Price adjustment
Exterior Features

Construction Materials Stone Garage YN No Location Type Urban Other Equipment Negotiable Parking Features Private Parking Types Private Garage Property Condition Very Good Riparian Rights YN No Roof Flat Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 5250.00 Cooling None Exclusions To be determine Flooring ConcreteCarpet Heating Hot Water Heating YN Yes Inclusions All apartment Applicancesecurity cameras Net Square Feet 5525.00 Security Features Fire Detection SystemMain Entrance Lock

Property Features

Acceptable Financing ConventionalCash Accessibility Features None Annual Gross Expense 16093.00 Business Type Apartment BuildingHair Salon and Spa Central Air YN No Cooling Fuel Electric Cross Street Wissahickon Electric 100 Amp ServiceCircuit Breakers Foundation Details Concrete Perimeter Gross Income 71308.00 Heating Fuel Natural Gas Hot Water Natural Gas Insurance Expense 5400.00 Lease Considered YN No Maintenance Expense 2500.00 Municipality PHILADELPHIA Navigable Water YN N Net Operating Income 55215.00 New Construction YN No Number Of Units Total 6 Operating Expense 1341.00 Operating Expense Includes Heating/CoolingInsuranceLandscapingManagement FeesPest ControlRepair/MaintenanceSnow RemovalTrashWater Original MLSNumber 802719884800 Other Expense 2500.00 Owner Pays Common Area MaintenanceAdvertising/Licenses and PermitsAccounting/LegalHeater Maintenance ContractInsurancePest ControlRepairsSewerSnow RemovalTaxes - Real EstateTrash CollectionWater Ownership Interest Fee Simple Possession 31-60 Days CD Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 2644.00 Tax Assessment Amount 32000.00 Total Actual Rent 89102.00 Transportation Bus Stop less than 1 mileCommuter Rail Station less than 1 mile Trash Expense 500.00 Utilities Water AvailableSewer AvailableNatural Gas AvailableElectric Available Vacation Rental YN No Water Source Public Zoning COM Zoning Description CMX2 neighborhood services

Listing courtesy of Reliance Realty: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-27T11:54:30.493.
 
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