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1851 Germantown Ave, Philadelphia, PA 19122

$2,250,000
: 10,404
SqFt

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List Price: $2,250,000
Status: ACTIVE
Days on Market: 142
MLS#: PAPH2626220
Subtype: Residential
Style: Other
Year Built: 2019
Living Area: 10,404
Lot Size: 3,896
Acres: 0.09
Subdivision: West Kensington
MLS Area Major: 19122 (19122)

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Property Description

in-place 8 Cap. Built in 2019 and still benefiting from Philadelphia’s 10-year tax abatement, this CMX-2 mixed-use property delivers stable, long-term cash flow in a fast-improving section of North Philadelphia. The building includes one street-level commercial tenant (a daycare) and six residential condo-grade units above, all fully leased with strong in-place tenants. The structure and finishes are modern, minimizing near-term maintenance and reducing ownership expense. The property sits along Germantown Avenue’s active redevelopment corridor—near new multifamily, community, and retail projects—positioning it for continued appreciation as the neighborhood matures. Highlights 2019 Construction – Modern systems and finishes 100% Occupied – One commercial + six residential tenants Tax Abatement through 2029 – Exceptional near-term yield

540.820.5183

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Additional Information

Property Description: Other
Zoning: CMX2
Heating: Forced Air
Air Conditioning: Central Air
Levels: One
School District: Philadelphia City