Unique opportunity to own a charming, 6 unit Victorian multifamily residence, lovingly converted & updated in 2012. Known as The Red Gables House, this property is loaded with stunning architectural detail, yet has been lovingly preserved and updated to contemporary standards by a New York City architect. The Property is fully occupied with excellent tenants, many of them long-term. Each floor has two spacious units, and the Tenants all enjoy the use of the beautiful outdoor spaces on the Property. The interior boasts of many stained and leaded glass windows, filigree ironwork, and an original Dutch-style front door. The intricately carved wood details surrounding the front door, create a charming entrance into an impressive foyer complete with the original staircase. A winding brick walkway surrounds the house, encouraging residents to meander through a beautifully planted, shared garden. Additionally, there are approved plans for a 6 car parking lot utilizing a portion of the back area, that a new Owner could complete should they choose. In addition to the beautiful interior details that have been loving restored, there are four working fireplaces. Each apartment has a full kitchen, bathroom and in-unit laundry. Electric is separated, with 100 amps for each unit. Tenants pay their own electricity. All electric and plumbing were 100% replaced during the conversion to multi-units,10 years ago. Located in the heart of the historic Penn-Knox section of Germantown. Walk to Germantown Friends School, Greene Street Friends School, the Waldorf School, Uncle Bobbie's Books & Cafe, Ultimo Coffee, Weaver's Way Food Coop, the Chelten Ave and Germantown Train Stations, and the beautiful Wissahickon Park.
Mls | PAPH2414130 |
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Listing Type | For Sale |
Style | Detachd |
Subtype | Resale |
Status | Active |
Year | 1800 |
Days On Site | 44 |
Listing Provided By | KW Empower | Nathan W Capp |
Sq Feet | 5,380 |
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Basement | Y |
Zoning | RSA3 |
Acreage | 0.37 |
State | PA |
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County | Philadelphia |
City | Philadelphia |
Zip Code | 19144 |
Area | 19144 |
Community Name | Germantown |
School District | Philadelphia City |
Listing VS Median (in Germantown) | |
Price: $950,000 low | high Med: $135,000 SqFt: 5,380 low | high Med: 1,180 $ / SqFt: $177 low | high Med: $115 On Site: 44 low | high Med: 6.000000 |