Description
Shovel-ready multifamily development in the booming Germantown submarket of Philadelphia, Pennsylvania. Buy and build. Permits and plans on hand. Dynamic location: walkable to Fresh Grocer, LaSalle University, Septa station (Chelten and Germantown), Ultimo Coffee, Wissahickon Valley Park + more. Easy access into Downtown Philly and University City, as well as the western and northern suburbs of Greater Philadelphia. Boutique 23-unit elevator building with basement laundry + storage, ground floor retail, common green roof terrace and individual unit balconies. The 3-storey building provides economical construction costs. 10 year tax abatement provides low carrying costs and future sales upside. This NW Philadelphia area is poised for rent growth and asset appreciation. Investment activity is soaring to new heights in Germantown.
Location
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$30,000,000
6
5
13,458 Sq ft
COMING SOON
MLS# MDSM2014040
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Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 24th September, 2023 12:14 AM (UTC)
Listing Agent: Ryan J McManus
Listing Office: Compass Pennsylvania, LLC
Attribution contact: 2674483744 | 6106061095
