3 months on rocket

5027 Germantown Ave, Philadelphia, PA, 19144

$480,000

Home List Price

$5,700*

Closing Credit

0 Baths
3,279 SqFt
$146/SqFt
House

Location

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5027 Germantown Ave, Philadelphia$480,000

Buyer Closing Credits

$5,700*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOn Street
Year Built1940
HeatingForced Air
CoolingNone
MLS #PAPH2377822
Lot Size0.05 Acres
StatusActive
(ACTIVE)

About 5027 Germantown Ave

With a surprising over $5500 per month in revenue, this is a cash cow! Welcome to 5027 Germantown Ave. Unit 1 is a Barbershop that has been operating in the community for years and intends to continue to do so. Units 2 and 3 are both Large 3 bedroom apartments occupied with new 2 year leases. This property is turn key and will provide stable income for years to come. Photos of the units are from before tenants move in just two months ago but units were renovated and are in good condition. Current rental license is available to confirm zoning but its always recommended that the buyer should also conduct their own due diligence. Germantown Avenue is a developing community, perfect for a prospective investor.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1940
  • Living Area: 3,279 SqFt

Listing Office:

  • Office Name: Tesla Realty Group, LLC
  • Office Phone: (844) 837-5274
  • Listing Agent: Ashley Collins

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Ceramic Tile, Carpet

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

School Info

Assigned Schools Information:

  • Promise Academy at Martin Luther King High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: Between Seymour and Wister

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $480,000
  • Price Per SqFt: $146/SqFt

Tax Information:

  • Annual Amount: $2,786
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

5027 Germantown Ave vs Philadelphia

110 DAYS ON ROCKET

+66 Days

$480,000

+$218.1K More

$146/SqFt

-$53 Less

KEY TAKEAWAY

This property is $218.1K more than the Median Sold Price and $53/SqFt less than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2377822

Listing Office:

  • Office Name: Tesla Realty Group, LLC
  • Office Phone: (844) 837-5274
  • Listing Agent: Ashley Collins

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 8:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 17, 2017Home Sold
$90,000
Jan 11, 2005Home Sold
$90,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,786 -
2019$2,759$197,100
2018$2,679$191,400
2017$2,356$168,300

History based on county public records data.

Payment Calculator

$2,463

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,506

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-101887
2
/10

  • Promise Academy at Martin Luther King High School

  • 6100 Stenton Ave

  • 1.81 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,667. Typical income of Philadelphia, PA residents is less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5027 Germantown Ave

What is the listing price of this property?

The listing price of 5027 Germantown Ave property is $480,000.

What type of property is this?

The property 5027 Germantown Ave is a house located in Philadelphia, Pennsylvania, 19144.

Is this property for sale now?

Active Listing: 5027 Germantown Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5027 Germantown Ave are:
Promise Academy at Martin Luther King High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,786 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 17, 2017 for $90,000. (source: MLS/tax record).

What is the square footage of this property?

The property 5027 Germantown Ave is 3,279 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5027 Germantown Ave is 1940.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19144›5027 Germantown Ave

This home is located at 5027 Germantown Ave in Philadelphia, PA and zip code 19144 in the Germantown / Chestnut Hill neighborhood. This 3,279 square foot home, which was built in 1940, sits on a 0.05 acre lot. It has been listed on Rocket Homes since July 18, 2024 and is currently priced at $480,000.

In October 2024 more than 252 listings in Philadelphia, PA were sold above the asking price. During the same period more than 237 listings were sold at asking price, while more than 567 were sold below. The number of homes for sale in Philadelphia, PA increased by 9.8% between September 2024 and October 2024. In October 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $261,807.

From Rocket Homes Real Estate and based on county public records data.

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