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Sold

7200-6 GERMANTOWN AVENUE

7200-6 GERMANTOWN AVENUE, PHILADELPHIA, PA 19119

$1,730,000

Boasting a distinctive Art Deco spired-crowned facade, this mixed-use investment property is a landmark in Mount Airy's vibrant business district. Offering two retail units and nine one-bedroom apartments, this 2-story stucco/masonry building is a prime investment. One commercial unit is leased to a beverage retailer. The other commercial unit is vacant and was last occupied by a restaurant tenant. The nine apartments with separately metered utilities have full kitchens, C/A, many skylights, mostly hardwood floors, & coin-operated washers & dryer. The gross operating income includes the prior tenant's rent for the vacant commercial space. The "Tourison Building" (developed by Sedgwick Tourison in 1929) was originally the "White Swan Hotel" and is registered by both City and State as architecturally significant.

12,438 Sq.Ft. LIVING AREA

6,624 Sq.Ft. lot

Matthew Spector

title REALTOR®
PHONE (267) 549-3338
EMAIL [email protected]
DRE # RS303409

Features & Amenities

Interior

APPLIANCES Gas Water Heater

Area & Lot

Status Sold
Living Area12,438 Sq.Ft.
Total Area12,438 Sq.Ft.
Lot Area6,624 Sq.Ft.
MLS® IDPAPH2283446
TypeCommercial
YEAR BUILT1900
NeighborhoodMount Airy
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA

Exterior

water SourcePublic
roofBuilt-Up
lot featuresCorner Lot
parkingOn Street
HEAT TYPEBaseboard, Natural Gas
AIR CONDITIONINGCentral Air
sewerPublic Sewer

Financial

Sales Price$1,730,000
Real Estate Tax $16,551/yr
Zoning CMX25

Mount Airy

Mount Airy is a leafy and eclectic Northwest Philadelphia neighborhood known for its historic roots, cobblestoned business corridor, vibrant culinary scene, and easy access to trails and green space.

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Contact Details

The Sivel Group

Phone

(215) 248-6536

[email protected]

Address

8400 Germantown Ave Suite 2 Philadelphia PA 19118

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