Philadelphia, PA 19122,1851 GERMANTOWN AVE
Philadelphia, PA 19122,1851 GERMANTOWN AVE
Philadelphia, PA 19122,1851 GERMANTOWN AVE
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Listed by Jon M O'Shea • Keller Williams Main Line
$2,350,000
Est. payment /mo
10,404 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 10,404 sqft

Price per Sqft $225

Subdivision West Kensington

MLS Listing ID PAPH2561366

Style Other

HOA Y/N N

Abv Grd Liv Area 10,404

Year Built 2019

Annual Tax Amount $1,972

Tax Year 2025

Lot Size 3,896 Sqft

Acres 0.09

Source BRIGHT

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

Location

State PA

County Philadelphia

Area 19122 (19122)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 1

Above Ground Finished SqFt 10404

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories 1

Additional Building Above Grade

New Construction N

Schools

School District Philadelphia City

Others

Senior Community No

Tax ID NO TAX RECORD

Ownership Fee Simple

SqFt Source 10404

Special Listing Condition Standard


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Bright MLS (BMLS)
Jim Marks

Jim Marks

Broker Associate | RSAB068681

+1(610) 705-4014

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1851 GERMANTOWN AVE