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2013 Germantown Ave
For Sale $595,000 ($203.42 per Sq Ft)
$595,000 ($203.42 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 2,925 Sq Ft
- 830 Sq Ft
Description
Prime Luxury Duplex – 6.8% Cap Rate + 10-Year Tax Abatement Pending!
This brand-new (Fall 2024) luxury duplex in Norris Square is a high-performance investment, delivering $4,059/month in rental income with a strong 6.8% cap rate and a pending 10-year tax abatement—driving profits up while keeping expenses low. Fully leased with long-term stability, Unit 1 (2 bed/2.5 bath) rents for $1,950/month and offers a private backyard, while Unit 2 (3 bed/3 bath) commands $2,109/month with an exclusive rooftop deck boasting stunning city views—premium features that attract and retain top-tier tenants. Both units are secured with two-year leases, ensuring consistent cash flow. Designed for effortless income generation, this all-electric property is packed with high-end finishes, soaring ceilings, recessed lighting, durable vinyl plank flooring, and sleek stainless steel appliances. Positioned in a booming rental corridor near Fishtown and major transit routes, this is a rare, low-maintenance asset with strong appreciation potential. Invest with confidence—secure this high-yield, high-growth property before it’s gone!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $595,000 |
| Property Type | Duplex (2-units) |
| Usable Sqft | 2,925 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 2024 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | NOT ASSIGEND |
| MLS # | PAPH2444566 |
| Property ID | 293423177 |
| Lot Sqft | 830 |
| Zoning | CMX2 |
| Total Units | 2 |
| Days on Market | 34 |
| Original List Price | Unknown |
| Applicances | Built-In Microwave,Dishwasher,Dryer - Electric,Oven/Range - Electric,Refrigerator,Stainless Steel Appliances,Washer - Front Loading% |
| Date Updated | February 27, 2025 |
| Date Created | February 10, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $48,708 | $0 |
Listing Provided By
Emre Yucel an agent of . Lic #RS370340
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Data last updated: March 16, 2025.
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REAL ESTATE AGENT