Philadelphia PA Real Estate & Commercial for Sale

Pelham Place Apartments: This exceptionally-designed, 51,835 SF multifamily investment property is a turnkey blue-chip apartment building located in a coveted submarket in Northwest Philadelphia (NWPHL) â Mount Airy. Anchored by two (2) essential businesses on the ground floor, 36 apartments rise 4 storeys up to a landscaped green roof with panoramic vistas of Mount Airy and the surrounding lush landscape of NWPHL. The unit matrix includes two (2) commercial units, four (4) 1bd, twenty-seven (27) 2bd, and five (5) 3bd apartments. Average size for the apartment units is a generous 914 SF â well in excess of market averages. $1770/unit is the average rental price. The oversized apartment homes feature modern fit + finish kits including high ceilings, window treatments, stone countertops, carpeted bedrooms with spacious closets, sleek LVP flooring in kitchens and living areas, custom shaker cabinetry and contemporary bath suites. Keyless entry and digital high-tech security intercoms provide a seamless building access experience. A fully-equipped business lounge and entertainment center are located on the ground floor, providing 24-hr access and enjoyment for residents immediately upon entering the building â similar to the look and feel of a luxury boutique hotel â complete with with MAC desktop stations, a full-sized wet bar, deluxe furnishings, televisions, fireplace, coffered ceilings, wallpapered surrounds and local artwork. A fully-equipped fitness center is located in the lower level as well. Located on the historic cobbles of Germantown Avenue with amenities in abundance (all within walking distance), Pelham Place Apartments represents one of the finest acquisition opportunities in the Greater Philadelphia MSA to purchase a "like new" construction stabilized asset in an âin-demandâ Philly neighborhood at a value well below replacement cost. 10 year tax abatement. Buyer responsible for verifying taxes, SF, financials in DD.

INTRODUCING: 85 EAST â This 9-unit gated new construction apartment community with parking is set back peacefully off the quaint cobbles of Germantown Avenue in Philadelphiaâs historic Mount Airy neighborhood in NW PHL. It is a turnkey investment opportunity with an attractive 6% cap rate. Comprising 3 contiguous triplex buildings, 85 East features private parking and panoramic rooftop terraces for residents. Each building features two (2) 2bd x 1ba units on the 1st/2nd floors and one (1) 3bd x 2ba unit on the 3rd floor, with private access to the rooftop terrace. The interiors are outfitted with high-end finish kits including quartz countertops, LVP flooring, stainless-steel appliance packages, designer lighting and more. Bright, spacious and airy interiors provide a serene sense of calm inside the buildings. Walkable to Germantown Avenueâs commercial corridor lined with boutiques, shops, breweries, restaurants, cafes and historic structures, 85 East is connected to the fabric of Mount Airyâs eclectic lifestyle. Easy access into Center City and University City by train (3 minutes to Carpenter Station on Chestnut Hill West Septa line) or car (25 minutes to Center City), as well as suburban employment and entertainment districts. Walkable nearby amenities include: Mount Airy Tap Room, Acme, Lovett Memorial Library, Wawa, McMenaminâs, Jansen, Johnson House Historic Site, Weaverâs Way Co-op, Grocery Outlet, Young American Hard Cider and Tasting Room â as well as Wissahickon Valley Park, Chestnut Hill and Historic Germantown. 10 Year Tax Abatementâpay taxes on assessed land value rather than improvements. Minimal expenditures. High-growth rental submarket. BUYER TO VERIFY TAXES, SF, FINANCIALS IN DD.

Welcome to this well-maintained mixed-use property located in the heart of the Central Mount Airy Commercial Historic District. This remarkable building is one of a row of ten three-story brick buildings, designed and constructed by architect Frederick Fox in 1898. This property offers a blend of historical charm and modern functionality with a prime location making it an ideal investment opportunity. The first floor features a large commercial space, perfect for a variety of business ventures. It includes a kitchen, a private back office, and access to a basement with ample storage space. The property's utility setup is highly efficient, with separate electric and gas utilities for each unit. The second and third floors house spacious 1-bedroom apartments, each with residential leases in place. These upper-level units are designed for comfortable living with features such as gas cooking, in-unit stackable washer/dryers, and ample natural light. Additional amenities include a large rear shed providing extra storage space and a rear yard area with convenient alley access. Located in the vibrant Mount Airy neighborhood, this property benefits from its proximity to an array of shops, restaurants, and transportation options, ensuring convenience and a high quality of life for both commercial and residential tenants. Donât miss the opportunity to own a piece of Mount Airy's history while enjoying modern amenities and a prime location!

This great opportunity in Mt. Airy is waiting on a savvy buyer. This mixed used property has a ground floor retail/ office space with the second and third floor used as a Bi level living space. This can be converted back into three units.The current Zoning allows the expansion of building space to build two additional floors to add more apartments. It can also accommodate and cafe, or coffee shop, salon, retail space, Ice cream shop. Mt. Airy is one of the gems of the city. This building can also be sold with 7120 Germantown ave. Each building is priced at $700K. The Luxury condos located across the street at 7111 Germantown ave. are selling from $540K- $900k This is a great opportunity for a owner occupant or investor. Seller would be interested in Seller Financing.

Great investment opportunity in Mt Airy. This Mixed use triplex can be a great opportunity for a savvy buyer or investor. The property next door at 7122 Germantown Ave is also being sold at $700k each building. Both ground floor commercial spaces have tenants. the other floors left unoccupied. Previous tenants were medical practitioners that used the entire building. The Condos across the street at 7111 Germantown are selling for $540,000 and up. This is a chance to create a modern living space that rival the condos without having association fees plus gaining cash flow from the other apartments. If you take the investor approach, the building is zoned Cmx2.5 you can build additional floors, and get more units. Cmx 2.5 allows a developer to build up to 55ft in height which will equal to 5 floors on each building. This property would also work well for a cafe or coffee shop owner that can take advantage of the traffic and residential support and strength of this community. Seller is open to seller financing, and will hold the note. The possibilities are endless, Bring your vision and creativity.