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Image 1 - 5027 Germantown Ave, Philadelphia, Pennsylvania, 19144 - House for sale
Image 2 - 5027 Germantown Ave, Philadelphia, Pennsylvania, 19144 - House for sale
Image 3 - 5027 Germantown Ave, Philadelphia, Pennsylvania, 19144 - House for sale
Image 4 - 5027 Germantown Ave, Philadelphia, Pennsylvania, 19144 - House for sale
Image 5 - 5027 Germantown Ave, Philadelphia, Pennsylvania, 19144 - House for sale
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Germantown Ave, Philadelphia, Home For Sale
5027 Germantown Ave, Philadelphia, Pennsylvania, 19144

Germantown Ave, Philadelphia, Home For Sale

house for sale
Listed: 07/21/24

5027 Germantown Ave, Philadelphia, Pennsylvania, 19144

6 Bed:
3 Bath:
3,279 Sq Ft Living Area:
Save
Price
$ 480,000

About This House

With a surprising over $5500 per month in revenue, this is a cash cow! Welcome to 5027 Germantown Ave. Unit 1 is a Barbershop that has been operating in the community for years and intends to continue to do so. Units 2 and 3 are both Large 3 bedroom apartments occupied with new 2 year leases. This property is turn key and will provide stable income for years to come. Photos of the units are from before tenants move in just two months ago but units were renovated and are in good condition. Current rental license is available to confirm zoning but its always recommended that the buyer should also conduct their own due diligence. Germantown Avenue is a developing community, perfect for a prospective investor.

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Germantown Housing & Living

Household Income

Median household income: $46,116
Number of households: 608,233
The average household income in Philadelphia, PA grew from $39,759 to $46,116 in the past year. This data is an estimate based upon 608,233 households in Philadelphia, PA.
The chart below presents how household income is distributed in Philadelphia, PA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Philadelphia, PA compared to median property taxes around the country. The prevalent amount of property taxes in Philadelphia, PA equals $800-$1,500 , which is less than the national average.