Contacts
Ken Wellar
GREA
(215) 454-2879
Corey Lonberger
GREA
(215) 454-2878
Alan Krawitz
GREA
(267) 323-4083
Douglas Emrich
GREA
(215) 454-2889
Property Details
- Property Type Other
- Property Size 13,203 SF
- Units 12
- Year Built 1890
- Date Updated Apr 26, 2024
- Website 5524pulaskiavenue.sharplaunch.com
On behalf of ownership, GREA extends to qualified investors the opportunity to acquire the fee simple interest in 5524 Pulaski Avenue situated in the historical Germantown neighborhood of Philadelphia, Pennsylvania (the “Property” or “Asset”). The Asset is comprised of 12 apartment units and features 10 garage parking spaces and 2 surface parking spaces. The Property boasts an attractive unit mix in an area that has seen significant development over the last five years.
The Asset presents new ownership the opportunity to operate an affordable luxury apartment product that attracts young professionals looking for value in a transit-oriented location. The Property is located minutes from major highway routes including Route 1 (the Roosevelt Boulevard/Expressway) and Interstate-76 (the Schuylkill Expressway) presenting unparalleled access throughout the Philadelphia MSA. Furthermore, tenants are one block from the Chelten Avenue Train Station for SEPTA Regional Rail (Chestnut Hill West Line) carrying commuters to employers in Center City Philadelphia in 20 minutes.
The Property is well-positioned to service a growing tenant base looking for upgraded units at a discount to Mount Airy, Chestnut Hill, and East Falls. The Asset is adjacent to a full list of national retailers on Chelten Avenue, and a short drive to local coffee shops and boutiques on Germantown Avenue.
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Highlights
- Turnkey Investment Opportunity: Little Deferred Maintenance; Efficient Management
- Desirable Unit Mix: Mix of One-Bedroom and Three-Bedroom Apartment Units
- Convenient to Major Highways: Direct Access to Route 1 (Roosevelt Boulevard) and I-76 (Schuylkill Expressway)
- Access to Public Transportation: SEPTA Regional Rail (Chestnut Hill West Line) and Bus Routes to Center City Philadelphia and its Surrounding Suburbs
- Abundant Neighborhood Amenities: Adjacent to Shopping and Dining on Chelten Avenue and Germantown Avenue
Attachments
Getting around
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Location
- City Philadelphia, PA
- Neighborhood Germantown
- Zip Code 19144
- Market Philadelphia
Points of Interest
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Chelten Avenue
0.12 miles
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Queen Lane
0.42 miles
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Tulpehocken
0.58 miles
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Germantown
0.71 miles
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Wister
1.05 miles
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Upsal
1.08 miles
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Wayne Junction
1.12 miles
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East Falls
1.40 miles
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Washington Lane
1.56 miles
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Carpenter
1.64 miles
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Sunoco
0.37 miles
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Conoco
0.44 miles
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Citgo
0.69 miles
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BP
1.04 miles
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Sunoco
1.36 miles
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Sunoco
1.43 miles
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Speedway
1.54 miles
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BP
1.59 miles
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A Plus
1.62 miles
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BP
1.63 miles
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Pennsbury Parking Lot
0.39 miles
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GFS
0.49 miles
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Visitor Parking (GFS)
0.50 miles
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Blue Bell Park
0.89 miles
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Yard Parking
1.11 miles
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USPS Parking
1.38 miles
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East Falls Trailhead
1.64 miles
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Einstein Emergency Room Parking
2.00 miles
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Willowcrest lot
2.02 miles
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Chamounix Stables Parking
2.10 miles
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Residence Inn
2.07 miles
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Courtyard
2.27 miles
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Crowne Plaza
2.28 miles
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Homewood Suites
2.69 miles
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Hilton Philadelphia City Avenue
2.70 miles
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North American Motor Inns
2.87 miles
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Conwell Inn
3.51 miles
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Days Inn
3.86 miles
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Wm. Mulherin's Sons Hotel
4.62 miles
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Henry
4.76 miles
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Chelten Market IGA
0.19 miles
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Save-A-Lot
0.22 miles
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ShopRite
1.38 miles
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The Fresh Grocer
1.43 miles
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Weavers Way Co-op
1.50 miles
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Save A Lot
1.55 miles
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Major's Market
1.60 miles
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Save-A-Lot
1.66 miles
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Acme
1.71 miles
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Acme
1.98 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.