Blue Sapphire

Other

1851 GERMANTOWN AVENUE

PHILADELPHIA , PA 19122

MLS#: PAPH2561366

$2,350,000

Status: Active
Listing number: PAPH2561366
Listing provided by: Keller Williams Main Line
Listing agent phone: None
Last update: 18 days ago
On site: 27 days ago
Browse Properties
WEST KENSINGTON - Residential

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

2019

Sq.Footage

10,404

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

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    10404.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    None

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.09

  • Property Type

    Residential

  • Architectural Style

    Other

Price

  • Sales Price

    $2,350,000

  • Tax Amount

    1972.0

  • Sq. Footage

    10, 404

  • Price/SqFt

    $225

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Listing Courtesy of Jon M O'Shea , Keller Williams Main Line

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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

1851 GERMANTOWN AVENUE

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