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Listed by Sam Akif • Keller Williams Main Line
$ 1,000,000
Est. payment | /mo
0.49 Acres Lot
$ 1,000,000
Est. payment | /mo
0.49 Acres Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2655404
Year Built 1930
Annual Tax Amount $8,131
Tax Year 2026
Lot Size 0.489 Acres
Acres 0.49
Lot Dimensions 168.00 x 127.00
Property Sub-Type Five Or More Units
Source BRIGHT
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.
Unit Breakdown:
Unit
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.
Unit Breakdown:
Unit
Location
State PA
County Philadelphia
Area 19144 (19144)
Zoning RSA3
Interior
Hot Water Multi-tank
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Water Access N
Accessibility None
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 133147300
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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