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1851 Germantown Ave
For Sale $2,350,000
$2,350,000
- Units
- Unknown Sq Ft
- 3,896 Sq Ft
- Unknown Cap Rate
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
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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 | $2,350,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 2019 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 881078516 |
| MLS # | PAPH2545004 |
| Property ID | 294000321 |
| Lot Sqft | 3,896 |
| Zoning | CMX2 |
| Days on Market | 64 |
| Original List Price | Unknown |
| Date Updated | November 28, 2025 |
| Date Created | October 05, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Jon M O'Shea an agent of KW Empower. Lic #ab069634
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Data last updated: December 08, 2025.
Robert Crawford
REAL ESTATE AGENT