in-place 8 Cap. Built in 2019 and still benefiting from Philadelphias 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 Avenues active redevelopment corridornear new multifamily, community, and retail projectspositioning 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
Based on the average sale price from the Martinsburg, WV office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
1851 Germantown Avenue Philadelphia, PA is a Single Family Home for sale at $2250000 with 10404 sqft and a lot size of 0.09 Acres Acre(s). 1851 Germantown Avenue Philadelphia has 0 bedrooms, 0 baths and was built in 2019. The property's zip code is 19122 which is in Philadelphia, PA
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.