MLS#PAPH2655404
STATUSACTIVE
PROPERTY TYPECommercial -
SCHOOLPHILADELPHIA CITY
Property Description
5015 McKean Ave, Germantown — 7-Unit Historic Investment Opportunity + Carriage House Located just steps from the coveted Germantown Cricket Club, this historic 7-unit property presents a rare opportunity for an investor to complete a substantial renovation already underway. The property also includes a detached carriage house, adding further upside potential. Renovations are approximately 75% complete — all new mechanicals are already installed, including plumbing, electrical, water heaters, framing, and cabinetry. What remains is primarily finish work, allowing an investor to step in and complete the project on their own timeline and to their own specifications. Please note: all permits for the building have expired. The property was renovated up through final inspection, but the work was never completed or closed out. Older stamped plans will be provided to the buyer. Property is being sold in as-is, where-is condition. The property offers a desirable, diverse unit mix: (4) one-bedroom apartments (1) studio (1) two-bedroom, two-bath unit (1) three-bedroom, two-bath unit (1) carriage house Full of charm and unique architectural details throughout, this is a true one-of-a-kind property. The building is currently 100% vacant, offering a clean slate for renovation completion and lease-up. Property size: 4,382 sq ft building on a 21,318 sq ft lot (nearly half an acre) Opportunities like this don't come around often — schedule your showing today.
Property Features
Property Type: Commercial -
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Central
Lot Size: 0.49 Acres
Taxes: $8,131
Year Built: 1930
Feature Descriptions
Exterior: Masonry
Lot Dimensions: 0.49 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Total Garage/Parking Spaces: 10
Units: 4
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: Keller Williams Main Line
Agency Phone: 6105200100
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
5015 Mckean Avenue | MLS# PAPH2655404
This commercial property located at 5015 Mckean Avenue, Philadelphia, PA 19144 is currently listed for sale with an asking price of $1,000,000. Mckean Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.realtymark.net today.