$2,250,000
 $12,078 est/mo Sourced by Back At You

1851 Germantown Ave,PHILADELPHIA, PA 19122

PHILADELPHIA, PA 19122

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Description

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

Details

MLS #PAPH2626220
Listing TypeFor Sale
StyleOther
Sub-TypeResale
StatusActive-bright
Year2019
Days On Site121
Listing Provided ByKeller Williams Main Line | Jon M O'Shea

Features

SQ Feet10,404
Story(s)1
ZoningCMX2
Acreage0.09

Interior

CoolingCentral A/C
Heating Yes / NoYes
HeatingForced Air

Exterior

Construction MaterialsMasonry

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount0

Area Information

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19122
Area19122 (19122)
Community NameWEST KENSINGTON
School DistrictPHILADELPHIA CITY
Listing VS Median (in WEST KENSINGTON)
Price:
$2,250,000
low | high
Med:
$107,500
100% of Average
sqft:
10,404
low | high
Med:
1,482
100% of Average
$ / sqft:
$216
low | high
Med:
$75
100% of Average
On site:
121
low | high
Med:
886.5
13.649182177101% of Average
Sourced by Back At You

Market Activity 19122

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Learn More About This Property

Coachmen Properties

Coachmen Properties

 (800) 878-9413admin@coachmenprops.com
StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19122
Area19122 (19122)
Community NameWEST KENSINGTON
School DistrictPHILADELPHIA CITY
Listing VS Median (in WEST KENSINGTON)
Price:
$2,250,000
low | high
Med:
$107,500
100% of Average
sqft:
10,404
low | high
Med:
1,482
100% of Average
$ / sqft:
$216
low | high
Med:
$75
100% of Average
On site:
121
low | high
Med:
886.5
13.649182177101% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.687M - $2.812M
sqft: 7,500 - 13,000
Nearby Listings Property ImageNearby Listings Details
809 DIAMOND ST Property Photo 1
$2,100,000
809 Diamond St
Philadelphia, PA 19122
1424 GERMANTOWN AVE Property Photo 1
$3,650,000
1424 Germantown Ave
Philadelphia, PA 19122
Listing Updated: September 24, 2026 at 12:31:00 AM PDT
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