Description
Presenting a rare opportunity to own this spectacular Stone Victorian Twin boasting old world character and charm combined with modern updates in beautiful Germantown. This six-unit, mixed-use property in Germantown offers a commercial storefront that is currently utilized as an owner occupied hair salon. The salon is bright and spacious and boasts central air, a rear party / entertainment room - perfect for pop-up shops or a boutique, two powder rooms, washer / dryer, plenty of storage and a bilco door to the backyard. Through the residential building you will be greeted by a secure vestibule entrance to your 5 unit building. This building houses one 2 bedroom unit on the first floor complete with fireplace, gas stove, washer / dryer combo and a gorgeous deck, two 1 bedroom units on the second floor, and two 1 bedroom units on the 3rd floor. All units are bright and spacious and offer oversized windows, hardwood flooring and soaring ceilings. The rear of the building offers a spacious fenced in backyard with shed and a BONUS entertainment room with fireplace, kitchenette, bathroom and sound proof wall. This is the perfect place for your summertime parties, bbqs and meetups.The building has a surveillance system and hard wired fire alarm system. All utility meters are separate and recently serviced. The building boasts plenty of upgrades - please see Commercial Property Disclosure Statement attached in documents. Shared laundry can be easily added in the building with the abundance of space available however there are two 24 hour laundromats within 1.5 blocks from the home.Current rental income is $2900/month with two vacant units, however fully occupied will yield $5325 monthly and an additional $2000 monthly for the salon totalling $7325 monthly. There is a one car garage that is currently rented by a neighbor for $100 / monthUnit 1 = vacant, potential rent $1500Unit 2 Front = occupied $950Unit 2 Rear = occupied $1050Unit 3 Front = vacant, potential rent $925Unit 3 Rear = occupied $900Germantown is a vibrant neighborhood with incredible walkability to parks, shops and markets and just a short distance to 2 regional rail stations allowing for an easy commute to Center City. Schedule your showing today!
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Description
Presenting a rare opportunity to own this spectacular Stone Victorian Twin boasting old world character and charm combined with modern updates in beautiful Germantown. This six-unit, mixed-use property in Germantown offers a commercial storefront that is currently utilized as an owner occupied hair salon. The salon is bright and spacious and boasts central air, a rear party / entertainment room - perfect for pop-up shops or a boutique, two powder rooms, washer / dryer, plenty of storage and a bilco door to the backyard. Through the residential building you will be greeted by a secure vestibule entrance to your 5 unit building. This building houses one 2 bedroom unit on the first floor complete with fireplace, gas stove, washer / dryer combo and a gorgeous deck, two 1 bedroom units on the second floor, and two 1 bedroom units on the 3rd floor. All units are bright and spacious and offer oversized windows, hardwood flooring and soaring ceilings. The rear of the building offers a spacious fenced in backyard with shed and a BONUS entertainment room with fireplace, kitchenette, bathroom and sound proof wall. This is the perfect place for your summertime parties, bbqs and meetups.The building has a surveillance system and hard wired fire alarm system. All utility meters are separate and recently serviced. The building boasts plenty of upgrades - please see Commercial Property Disclosure Statement attached in documents. Shared laundry can be easily added in the building with the abundance of space available however there are two 24 hour laundromats within 1.5 blocks from the home.Current rental income is $2900/month with two vacant units, however fully occupied will yield $5325 monthly and an additional $2000 monthly for the salon totalling $7325 monthly. There is a one car garage that is currently rented by a neighbor for $100 / monthUnit 1 = vacant, potential rent $1500Unit 2 Front = occupied $950Unit 2 Rear = occupied $1050Unit 3 Front = vacant, potential rent $925Unit 3 Rear = occupied $900Germantown is a vibrant neighborhood with incredible walkability to parks, shops and markets and just a short distance to 2 regional rail stations allowing for an easy commute to Center City. Schedule your showing today!
©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-05-29T06:52:29.203.