Philadelphia, PA 19144,261 E HIGH ST
Philadelphia, PA 19144,261 E HIGH ST
Philadelphia, PA 19144,261 E HIGH ST
Philadelphia, PA 19144,261 E HIGH ST
Philadelphia, PA 19144,261 E HIGH ST
Philadelphia, PA 19144,261 E HIGH ST
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$ 875,000
Est. payment | /mo

0.41 Acres Lot


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$ 875,000
Est. payment | /mo
Save

0.41 Acres Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2418556

Originating Board BRIGHT

Year Built 1950

Annual Tax Amount $4,839

Tax Year 2024

Lot Size 0.414 Acres

Acres 0.41

Lot Dimensions 106.00 x 170.00

Property Description

An exceptional 6 UNIT investment opportunity awaits in the vibrant Germantown Philadelphia. 7,036 SF multifamily property located at 261 E High St comprised of 2 detached homes. See unit breakdown in documents. Amazing curb appeal with a long driveway leading to 2 detached garages (now rented separately) and ample parking for the tenants. The main entrance to the large Victorian leads into breathtaking 3BR bi-level unit, which preserved it's original wood work and floors and will take your breath away. This unit could be converted to a unique AirBandB for even higher potential income or for owner to move into once lease is up. 5 units are in the Victorian property and the 6th unit - also a 3BR is behind the main house. It is detached and has a spacious open layout. Nestled in the historic Germantown neighborhood, this property promises significant appreciation potential and steady rental income. Boasting a prime location with proximity to public transportation, schools, and shopping centers, High St. is perfect for attracting a diverse tenant base. The property offers well kept and spacious living areas, making it an attractive option for both tenants and investors. Investment Pro-Forma is in documents.

Location

State PA

County Philadelphia

Area 19144 (19144)

Zoning RSA3

Interior

Hot Water Multi-tank

Heating Radiant

Cooling Ceiling Fan(s), Window Unit(s)

Heat Source Natural Gas

Exterior

Garage Spaces 6.0

Water Access N

Accessibility Other

Total Parking Spaces 6

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 592041500

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Jacqueline J. Tobin • Century 21 Advantage Gold-South Philadelphia
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261 E HIGH ST