1851 Germantown Ave, Philadelphia, PA 19122

Local realty services provided by:ERA Martin Associates
1851 Germantown Ave,Philadelphia, PA 19122
$2,350,000
  • - Beds
  • - Baths
  • 10,404 sq. ft.
  • Single family
  • Active
Listed by: jon m o'shea, michael r. mccann
Office: keller williams main line
MLS#:PAPH2561366
Source:BRIGHTMLS

Price summary

  • Price:$2,350,000
  • Price per sq. ft.:$225.87

About this home

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

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Home facts

  • Year built:2019
  • Listing ID #:PAPH2561366
  • Added:57 day(s) ago
  • Updated:January 17, 2026 at 03:44 PM

Rooms and interior

  • Living area:10,404 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:2019
  • Building area:10,404 sq. ft.
  • Lot area:0.09 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,350,000
  • Price per sq. ft.:$225.87
  • Tax amount:$1,972 (2025)

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