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
Listed By
Agency Name: Keller Williams Main Line
Agency Phone: 6105200100
Shown By
Agent Name: Mike & Monica Nelson Team
Agent Phone: Cell: (410) 627-9990
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Estimated Payment
$ 6,079.83 per month $5,230.08 Principal & Interest $164.33 Property Tax $685.42 Homeowner's Insurance
1851 Germantown Avenue | MLS# PAPH2561366
This single family home located at 1851 Germantown Avenue, Philadelphia, PA 19122 is currently listed for sale with an asking price of $2,350,000. This property was built in 2019 and with 10404 sq. ft. Germantown Avenue is located in the WEST KENSINGTON subdivision within the PHILADELPHIA CITY school district. Search WEST KENSINGTON real estate on www.mikenelsonrealtor.com today.