6516 Germantown AvePhiladelphia, PA 19119

For Sale
$1,800,000

Brand new, 4-unit apartment building in Philadelphia.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 2023-built, three-story apartment building at 6516 Germantown Avenue presents a unique investment opportunity in Philadelphia's desirable West Mount Airy neighborhood. Boasting 5,555 square feet, this property features four luxury apartments, each priced at $450,000, totaling an asking price of $1,800,000. The building benefits from a prime location on Germantown Avenue, a main commercial corridor, with a commanding 69-foot frontage. The ground floor is designed for a destination restaurant, adding significant income potential. The upper three floors house three spacious, well-appointed apartments. Residents can enjoy a sweeping panoramic rooftop terrace. The property is zoned CMX2, reflecting its mixed-use potential. This new construction offers exceptional curb appeal and presents a strong investment opportunity in a highly sought-after historic district. The building's modern design and prime location combine to create a truly remarkable property. With its impressive features and strong potential for rental income, this is an exceptional opportunity for discerning investors.

Highlights

  • New multifamily investment opportunity in a newly constructed building.
  • High-profile location with excellent curb appeal.
  • Ground-floor retail space ideal for a destination restaurant.
  • Three luxury apartments featuring spacious layouts.
  • 69-foot frontage on Germantown Avenue, a prime commercial thoroughfare.
  • Expansive rooftop terrace offering panoramic views.

Property Details for 6516 Germantown Ave

Property type
Multifamily properties, Apartment buildings
Square Feet
5,555 SF
Year Built
2023
Buildings
1
Stories
3
Units
4

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
40.048988
Longitude
-75.1839516
6516 Germantown Ave, Philadelphia, Pennsylvania

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6516 Germantown Ave
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