5023 Germantown Ave, Philadelphia, PA 19144

$199,000

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List Price
$199,000
Days on Market
111
Status
ACTIVE
MLS#
PAPH2605882
Lot Size (Acres)
0.04
County
Philadelphia
School District
Philadelphia City

Property Description

Exceptional investment and development opportunity in one of Philadelphia’s steadily appreciating corridors. 5023 Germantown Ave is a vacant parcel zoned CMX-2, offering significant flexibility for mixed-use, multifamily, or commercial development. Preliminary plans for a six-unit building are available, with potential zoning bonuses that may allow for increased density—providing an opportunity to maximize returns and overall project value. Strategically located along a high-visibility, high-traffic corridor, the property benefits from strong foot and vehicle exposure, making it well-suited for both residential and commercial end uses. Easy access to public transportation, major thoroughfares, and a dense mix of neighborhood amenities further enhances its long-term investment appeal. Ideal for developers and investors seeking to capitalize on continued growth and demand in the Germantown submarket. Buyer responsible for independent verification of zoning and development potential.

Additional Information

Area
19144 (19144)
Subdivision
Germantown (East)
Taxes
$1289
School District
Philadelphia City
Water
Public Hook-up Available
Sewer
Public Hook/Up Avail

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty. Contact: 8563211212