$1,200,000

Welcome to a unique opportunity to own this super charming, 6 unit income producing Golden Age Dutch Victorian residence, lovingly converted & updated in 2012. The Red Gables House, is loaded with stunning architectural detail, lovingly preserved and updated for contemporary, multi-unit living, in the heart of the Penn-Knox historic neighborhood of Germantown. This elegant home was divided into 6 tastefully designed units by a New York architect owner occupant. The home is currently occupied by excellent tenants who enjoy the serenity and graceful living in a garden residence that was built to stand the test of time. The property boasts of many stained glass and leaded glass windows, filigree ironwork, and an original Dutch style front door. The intricately carved wood details surrounding the entrance and the balcony above the front door, create a warm and charming entrance into a wood carved foyer and impressive, original staircase. Many of the original moldings and details have been carefully preserved and incorporated into the stylish modern conveniences. A winding brick walkway surrounds the house, encouraging residents to meander through a beautifully planted, shared garden, surrounding the entire residence. Each unit has access to fresh air and garden exposure. The 2 first floor units have garden entrances. The second-floor units have balcony access. There are four working fireplaces. Each apartment has a full kitchen, bathroom and 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. The neighborhood is loaded with history and the home is located a few short blocks to Germantown Avenue, the historic Deschler-Morris “Germantown White House,” the campus of Germantown Friends School, Uncle Bobbie’s Books and Cafe, convenient regional rail lines, public transportation and a new Weaver’s Way food co-op that is coming soon! Be part of positive community revitalization, nestled in a storied past, and don’t hesitate to jump on this unique opportunity! A condo conversion is possible as the current owner was in the process of converting the building into condos and most of the paperwork is complete. The rear yard is zoned and approved for a 6-car parking, with an allowance for curb-cut onto Penn Street. Serious & qualified buyers only. Showings will be by appointment only and proof of funds or pre-approval must be provided to listing agents prior to appointment.