$2,250,000
( $216.26Per Sq Foot )
 $12,078 est/mo Sourced by Back At You

1851 Germantown Ave,PHILADELPHIA, PA 19122

PHILADELPHIA, PA 19122

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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

Details

MLS #PAPH2626216
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year2019
Days On Site145
Listing Provided ByKeller Williams Main Line | Jon M O'Shea

Features

ZoningCMX2
Acreage0.09

Interior

CoolingCentral A/C
Heating Yes / NoYes
HeatingForced Air

Exterior

Construction MaterialsMasonry

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount0

Area Information

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19122
Area19122 (19122)
School DistrictPHILADELPHIA CITY
Listing VS Median (in 19122)
Price:
$2,250,000
low | high
Med:
$237,500
100% of Average
On site:
145
low | high
Med:
122.5
100% of Average
Sourced by Back At You

Market Activity 19122

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Contact

Learn More About This Property

Diane Smith

Diane Smith

Class Harlan Real Estate

RS281342 (215) 290-4038realtordianesmith@gmail.com
StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19122
Area19122 (19122)
School DistrictPHILADELPHIA CITY
Listing VS Median (in 19122)
Price:
$2,250,000
low | high
Med:
$237,500
100% of Average
On site:
145
low | high
Med:
122.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.687M - $2.812M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1851 GERMANTOWN AVE Property Photo 1
$2,250,000
1851 Germantown Ave
Philadelphia, PA 19122
1845 N 6TH ST Property Photo 1
$2,150,000
1845 N 6th St
Philadelphia, PA 19122
1845 N 6TH ST Property Photo 1
$2,150,000
1845 N 6th St
Philadelphia, PA 19122
Listing Updated: October 16, 2026 at 5:04:39 PM PDT