1851 Germantown Ave, Philadelphia, PA 19122
Local realty services provided by:ERA Central Realty Group
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
Contact an agent
Home facts
- Year built:2019
- Listing ID #:PAPH2561366
- Added:7 day(s) ago
- Updated:November 28, 2025 at 12:14 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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