Tina Poss
Office: 301.698.3232
Cell: 301.514.4233
6610-12 Germantown Ave, PHILADELPHIA
$9,500,000
0 Beds
0 Baths
51,835 Sqft
.36 Acres
0 Garages
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.
Essential Information
MLS® #PAPH2414064
Price$9,500,000
Bathrooms0.00
Square Footage51,835
Acres0.36
Year Built2017
TypeMulti-Family
Sub-TypeOther, Other
StyleOther
StatusActive
Community Information
Address6610-12 Germantown Ave
Area19119
CityPHILADELPHIA
CountyPHILADELPHIA-PA
StatePA
MunicipalityPHILADELPHIA
Zip Code19119
View
City, Panoramic, Scenic Vista, Trees/Woods
Interior
HeatingCentral
CoolingCentral A/C
# of Stories4
Exterior
RoofFiberglass
District
THE SCHOOL DISTRICT OF PHILADELPHIA
Additional Information
ZoningCMX2
Listing Details
OfficeKeller Williams Liberty Place
Office Contact6093995454
LISTING MAP
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Listing information last updated on December 22nd, 2024 at 7:03pm EST.
