Philadelphia, PA 19122,1851 GERMANTOWN AVE
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Philadelphia, PA 19122,1851 GERMANTOWN AVE
Philadelphia, PA 19122,1851 GERMANTOWN AVE
Philadelphia, PA 19122,1851 GERMANTOWN AVE
Philadelphia, PA 19122,1851 GERMANTOWN AVE
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Listed by Jon O'Shea • Keller Williams Main Line
$ 2,350,000
Est. payment /mo
Save
Price Dropped by $100K

1851 GERMANTOWN AVE Philadelphia, PA 19122

3,896 Sqft Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2545004

Year Built 2019

Annual Tax Amount $1,972

Tax Year 2025

Lot Size 3,896 Sqft

Acres 0.09

Lot Dimensions 64.00 x 90.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property 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

Location

State PA

County Philadelphia

Area 19122 (19122)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 881078516

Ownership Fee Simple

Special Listing Condition Standard


Bright MLS (BMLS)

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Masterman Julia R Secondary School

    Public | 5 - 12

  • 8

    Meredith School

    Public | KG - 8

  • 7

    Christopher Columbus Charter School

    Public | KG - 8

  • 7

    Folk Arts-Cultural Treasures Charter School

    Public | KG - 8

  • 7

    General George A. McCall School

    Public | KG - 8

  • 7

    Laboratory Charter School

    Public | KG - 8

  • 7

    Environment Community Opportunity (Eco) Charter Sc

    Public | KG - 5

  • 6

    Albert M. Greenfield School

    Public | KG - 8

  • 6

    Independence Charter School

    Public | KG - 8

  • 5

    Russell Byers Charter School

    Public | PK - 6

  • 5

    Alliance for Progress Charter School

    Public | KG - 8

  • 5

    Young Scholars Charter School

    Public | 5 - 8

  • 5

    Leap Academy University Charter School

    Public | KG - 12

  • 5

    Conwell Russell Middle School

    Public | 5 - 8

  • 5

    Ad Prima Charter School

    Public | KG - 8

  • 4

    Robert Morris School

    Public | KG - 8

  • 4

    Chester A. Arthur School

    Public | KG - 8

  • 4

    Bache-Martin Elementary School

    Public | PK - 8

  • 4

    Wissahickon Charter School

    Public | KG - 8

  • 4

    Andrew Jackson School

    Public | PK - 8

Middle Schools 12
  • 4

    Mastery Charter High School

    Public | 7 - 12

  • 4

    Esperanza Cyber Charter School

    Public | 6 - 12

  • 3

    Esperanza Academy Charter High School

    Public | 6 - 12

  • 2

    Eastern University Academy Charter School

    Public | 7 - 12

  • 2

    The Sd of Philadelphia Virtual Academy

    Public | 6 - 12

  • 2

    The Promise Academy at Roberto Clemente Middle School

    Public | 6 - 8

  • 1

    World Communications Charter School

    Public | 6 - 12

  • 1

    Penn Treaty

    Public | 6 - 12

  • 1

    Feltonville School of Arts and Sciences

    Public | 6 - 8

  • 0

    Student Education Center & Delaware Valley High School

    Private | 8 - 12

  • 0

    Wakisha Charter School

    Public | 6 - 8

  • 0

    Pyne Point Middle School

    Public | 7 - 8

High Schools 20
  • 8

    Science Leadership Academy

    Public | 9 - 12

  • 8

    Academy at Palumbo

    Public | 9 - 12

  • 7

    Carver High School

    Public | 9 - 12

  • 7

    Bodine William W High School

    Public | 9 - 12

  • 5

    Creative and Performing Arts

    Public | 9 - 12

  • 5

    Philadelphia Electrical & Tech Chs

    Public | 9 - 12

  • 5

    Parkway-Center City

    Public | 9 - 12

  • 5

    Philadelphia Military Academy at Elverson

    Public | 9 - 12

  • 5

    Multi-Cultural Academy Charter School

    Public | 9 - 12

  • 4

    Franklin Lc

    Public | 9 - 12

  • 4

    Constitution High School

    Public | 9 - 12

  • 2

    Randolph A. Philip Avt High School

    Public | 9 - 12

  • 1

    Strawberry Mansion High School

    Public | 9 - 12

  • 1

    Dobbins Avt High School

    Public | 9 - 12

  • 1

    Benjamin Franklin High School

    Public | 9 - 12

  • 1

    Mastery Charter School at Gratz

    Public | 9 - 12

  • 1

    Charter High School for Architecture and

    Public | 9 - 12

  • 1

    Kensington Creative & Performing Arts High School

    Public | 9 - 12

  • 1

    Edison / Fareira High School

    Public | 9 - 12

  • 1

    Kensington Health Sciences Academy

    Public | 9 - 12

School and business data provided by Attom Data.
Tim Markland

Tim Markland

Team Leader | License ID: 658153

+1(443) 966-1208

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1851 GERMANTOWN AVE