CLOSED

7200-6 Germantown Ave

Philadelphia PA, 19119

$1,730,000


$139.09 per sqft

CLOSED

12,438 sqft

Commercial

Built in 1900

Boasting a distinctive Art Deco spired-crowned facade, this mixed-use investment property is a landmark in Mount Airy's vibrant business district. Offering two retail units and nine one-bedroom apartments, this 2-story stucco/masonry building is a prime investment. One commercial unit is leased to a beverage retailer. The other commercial unit is vacant and was last occupied by a restaurant tenant. The nine apartments with separately metered utilities have full kitchens, C/A, many skylights, mostly hardwood floors, & coin-operated washers & dryer. The gross operating income includes the prior tenant's rent for the vacant commercial space. The "Tourison Building" (developed by Sedgwick Tourison in 1929) was originally the "White Swan Hotel" and is registered by both City and State as architecturally significant.

PAPH2283446

MLS ID

May 9, 2024

Updated

Map

7200-6 Germantown Ave
Philadelphia PA, 19119

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Baseboard, Hot Water, Natural Gas

Exterior/Building Features

Lot Size

0.15 Acres


Lot Features

Corner Lot


Sewer

Public Sewer

Other Property Details

Area Name

PHILADELPHIA


Taxes

$16,551


Tax Frequency

Annually


Days on Market

83


Garage

No


Parking

On Street


View

No


County

PHILADELPHIA


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

5/8/2024

Sold

$1,730,000

4/19/2024

Pending

4/19/2024

Sold

$1,730,000

12/23/2023

Under Contract

12/1/2023

Price Change

$1,995,000

-8%

Listed by Matthew B Spector, Patrick J Gallagher with BHHS Fox & Roach-Chestnut Hill
Listing Contact: 2675493338 

The IDX display contains information sourced from the Bright MLS, Inc. as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 5/9/2024 at 4:38 AM UTC

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