Description
Opportunity knocks in Germantown! This expansive 4,520 Sq/Ft two-story commercial building is packed with potential for investors looking to acquire a turn key investment property. Currently, the building is anchored by a reliable daycare tenant generating $7,100/month in rental income—providing immediate cash flow from day one! The daycare is licensed to hold up to 60 kids. The tenant is on a 10 year lease that will expire in September 2028 and is responsible to pay the Real Estate taxes, Insurance, U&O tax, and all utilities. They are also responsible for maintaining the interior of the property, HVAC system, roof, and structure. Perfectly situated on bustling Germantown Ave with easy access to public transportation, local shops, and commuter routes, this property is a cornerstone investment in one of Philadelphia’s most historic and revitalizing neighborhoods. Don’t miss the chance to own a high-visibility asset in a growing market.
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Description
Opportunity knocks in Germantown! This expansive 4,520 Sq/Ft two-story commercial building is packed with potential for investors looking to acquire a turn key investment property. Currently, the building is anchored by a reliable daycare tenant generating $7,100/month in rental income—providing immediate cash flow from day one! The daycare is licensed to hold up to 60 kids. The tenant is on a 10 year lease that will expire in September 2028 and is responsible to pay the Real Estate taxes, Insurance, U&O tax, and all utilities. They are also responsible for maintaining the interior of the property, HVAC system, roof, and structure. Perfectly situated on bustling Germantown Ave with easy access to public transportation, local shops, and commuter routes, this property is a cornerstone investment in one of Philadelphia’s most historic and revitalizing neighborhoods. Don’t miss the chance to own a high-visibility asset in a growing market.
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