ACTIVE

406 W Chelten Ave W

Philadelphia PA, 19144

$900,000


$171.43 per sqft

ACTIVE

5,250 sqft

Commercial

Built in 1925

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' 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

PAPH2295192

MLS ID

May 9, 2024

Updated

Map

406 W Chelten Ave W
Philadelphia PA, 19144

Interior Features

Interior Features

Carpet, Concrete


Floor Description

Carpet, Concrete


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Hot Water, Natural Gas

Exterior/Building Features

Lot Size

0.1 Acres


Sewer

Public Sewer

Other Property Details

Area Name

PHILADELPHIA


Taxes

$2,644


Tax Frequency

Annually


Days on Market

160


Garage

No


Parking Total

1


View

No


County

PHILADELPHIA


Water Source

Public


Pool

No


Zoning

CMX2 neighborhood services,


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

4/15/2024

Price Change

$900,000

-2%

2/24/2024

Price Change

$910,000

-2%

Listed by Arlene Wayns, with Reliance Realty
Listing Contact: 2158844006 

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 4:19 AM UTC

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