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Listing Courtesy Of:
Keller Williams Liberty Place, 6093995454, Ryan McManus
Local Realty Services Provided By:
KW Empower
Overview
What It'll Cost
Neighborhood
6610 GERMANTOWN AVE, PHILADELPHIA, PA 19119
6610 GERMANTOWN AVE, PHILADELPHIA, PA 19119
Estimation provided by Keller Williams Realty Inc.
ACTIVE UNDER CONTRACT
For Sale
Property Description
Pelham Place Apartments: This exceptionally-designed, 51,835 SF multifamily investment property is a turnkey blue-chip apartment building located in a coveted submarket in Northwest Philadelphia (NWPHL) — Mount Airy. Anchored by two (2) essential businesses on the ground floor, 36 apartments rise 4 storeys up to a landscaped green roof with panoramic vistas of Mount Airy and the surrounding lush landscape of NWPHL. The unit matrix includes two (2) commercial units, four (4) 1bd, twenty-seven (27) 2bd, and five (5) 3bd apartments. Average size for the apartment units is a generous 914 SF — well in excess of market averages. $1770/unit is the average rental price. The oversized apartment homes feature modern fit + finish kits including high ceilings, window treatments, stone countertops, carpeted bedrooms with spacious closets, sleek LVP flooring in kitchens and living areas, custom shaker cabinetry and contemporary bath suites. Keyless entry and digital high-tech security intercoms provide a seamless building access experience. A fully-equipped business lounge and entertainment center are located on the ground floor, providing 24-hr access and enjoyment for residents immediately upon entering the building — similar to the look and feel of a luxury boutique hotel — complete with with MAC desktop stations, a full-sized wet bar, deluxe furnishings, televisions, fireplace, coffered ceilings, wallpapered surrounds and local artwork. A fully-equipped fitness center is located in the lower level as well. Located on the historic cobbles of Germantown Avenue with amenities in abundance (all within walking distance), Pelham Place Apartments represents one of the finest acquisition opportunities in the Greater Philadelphia MSA to purchase a "like new" construction stabilized asset in an “in-demand” Philly neighborhood at a value well below replacement cost. 10 year tax abatement. Buyer responsible for verifying taxes, SF, financials in DD.
Property Details
Compare This Home
Overview
Property Type
Other
Property Size
Year Built
2017
Days on Site
157 Days
HVAC
Cooling: Central A/C, Heating: Central, Cooling Fuel: Natural Gas, Heating Fuel: Natural Gas
Parking
Yes
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
$9,500,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
10/25/2024
Listed
No Tax History Data
There are no tax history data available for this property at this time. Please consult with your agent if you have any questions.
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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market snapshot
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Transit & Commute
Estimated commute times from West Mt. Airy-Lincoln
Car-Dependent
Walkable
Very Walkable