5029 Germantown Avenue

    PHILADELPHIA, PA 19144
    • $525,000
    • STATUS: Active
    • ON SITE: 36 days
    • ID#: PAPH863944
    UPDATED: 57 min ago
    $525,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1940
    County:

    School Ratings & Info

    Description

    Bricks and Business for Sale!! High traffic laundromat on busy Germantown Avenue. 14 years in operation. 30 washers, 30 dryers all operatable . Machines were updated 2015. 70k + a year Net. CAP RATE 13.3%. Sellers are retiring.

    Monthly Payment Calculator



    ©2020 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. 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: 2020-02-23T08:51:11.127.
    www.myfavoritehomesearch.com/homes/102391163

    5029 Germantown Avenue PHILADELPHIA, PA 19144

    • Price: $525,000
    • Status: Active
    • Updated: 57 min ago
    • ID#: PAPH863944
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    1940
    Built
    Neighborhood:
    19144 (19144)
    County:
    Philadelphia
    Area:
    19144 (19144)
    School District:
    The School District Of Philadelphia
    Property Description
    Bricks and Business for Sale!! High traffic laundromat on busy Germantown Avenue. 14 years in operation. 30 washers, 30 dryers all operatable . Machines were updated 2015. 70k + a year Net. CAP RATE 13.3%. Sellers are retiring.
    Exterior Features

    Construction Materials Masonry Garage YN No Parking Types On StreetParking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 2346.00 Cooling Central A/C Heating Forced Air Heating YN Yes Net Square Feet 2346.00

    Property Features

    Accessibility Features None Assessment Year 2020 Association YN No Business Type Other/General Retail Central Air YN Yes Cooling Fuel Electric Electric Expense 3600.00 Gross Income 90000.00 Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Philadelphia Insurance Expense 2000.00 Maintenance Expense 500.00 Navigable Water YN N Net Operating Income 70000.00 New Construction YN No Number Of Units Total 0 Operating Expense 21000.00 Operating Expense Includes ElectricHeating/CoolingInsuranceRepair/MaintenanceSewerSnow RemovalTrashWater Original MLSNumber 302208114969 Other Expense 7000.00 Ownership Interest Fee Simple Possession 61-90 Days Cd Property Sub Type Services Sale Type Standard Sewer Public Sewer Tax Annual Amount 2380.00 Tax Assessment Amount 170000.00 Tax Lot 264 Trash Expense 300.00 Vacation Rental YN No Water Source Public Zoning Cmx2.

    Listing courtesy of Keller Williams Philadelphia.


    ©2020 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. 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: 2020-02-23T08:51:11.127.
     
    Keller Williams Realty - Matt Fetick Team
    210 S Mill Rd Suite 104
    Kennett Square PA, 19348