Large Mix Use building in desirable West Germantown location on the boarder of East Falls operating at a 7.6% cap. The building consists of 5 apartment units featuring (4) two bedroom and (1) three bedroom units, a commercial space leased through 2024 and 12 leased storage garages. The building has a Use Permit that coincides with the use along with an active rental license. The residential units also feature separately metered utilities. A truly turn key investment opportunity in a neighborhood with an influx of new construction development taking place. All of the residential leases are now on month- to -month terms offering an immediate opportunity to increase the rental income. Many of the garages rental rates can be increased as well. Located near both Jefferson University and Drexel?s Medical school campus, and two blocks from the Queen Lane train station, there is no shortage of residents. New construction apartment units nearby are already appraising for $250,000/unit and an abundance of neighborhood amenities continue to be introduced. Once market rate leases are executed this building will operate at an 8.4% Cap with the expectation of continued appreciation as more development and neighborhood amenities continue to be introduced.