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Description
912 E Locust Avenue, East Germantown, Philadelphia, PA 19138
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 43-unit elevator building with basement laundry + storage and ground floor retail (2X). 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.
Amenities
- City View
- No Pets
Price History
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| Date | Price | Variance | Type |
|---|---|---|---|
| 12/8/2022 | $675,000 | -4.93% | Contract |
| 8/11/2022 | $710,000 | -5.33% | decreased |
| 6/14/2022 | $750,000 | - | Listed |
Listing By: Compass Pennsylvania, LLC via Data Source: Bright MLS
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