MLS® ID: PAPH728100
168 E HERMAN STREET
PHILADELPHIA, Pennsylvania, 19144 $500,000
Tucked away approximately two blocks off Germantown Avenue, close to shopping, transportation and Lincoln Drive is a Five unit residential building already filled with reliable tenants. There are three 2 BR / 1BA units, 1- 4BR 2BA and 1 -1BR/1BA unit. Including a newly installed sewer line, all units were updated with tile floors, granite countertops in all units and a coin operated washer and dryer facility in the basement. With all the development happening in Germantown, you'll want to get in on the action. Reliable tenants are currently in place. This property sits on a large lot with lots of potential to sub divide and add to your portfolio. All electric, these units are metered individually. The building is up to code and even includes Exit signs. This property features a very rare find in the heart of Germantown, a very spacious bilevel third floor unit that has four bedrooms and two baths, washer and dryer within the unit, hardwood floors throughout, and a tenant who is consistent and timely with his monthly obligations. All units with the exception of one, will use the main doors to enter the building. As you enter, to the right you will find a one bedroom apartment, up the stairs there are two apartments to the right and straight ahead is the coveted, 100% updated and spacious four Bedroom unit. Outside, on the left, by the entrance to the basement, you will find access to another apartment that has recently been renovated and rented. In the basement you will find a coin operated washer and dryer, extra income. In addition, all meters are available for inspection. A SPRINKLER SYSTEM has been installed!