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Marjorie Dick Stuart

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1851 Germantown Ave, PHILADELPHIA, PA – $2,450,000

  • $2.5M Price
  • 10,404 Sqft
  • .09 Acres
  • 46 DOM
  • $2.5M Price
  • 10,404 Sqft
  • .09 Acres
  • 46 DOM

1851 Germantown Ave

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. With an in-place NOI of $188,000 and an asking price of $2,450,000, the asset offers investors a 7.7% cap rate on actual income. 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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Essential Information

  • MLS® #PAPH2545004
  • Price$2,450,000
  • Bathrooms0.00
  • Square Footage10,404
  • Acres0.09
  • Year Built2019
  • TypeCommercial Sale
  • Sub-TypeFive Or More Units
  • StatusActive

Community Information

  • Address1851 Germantown Ave
  • Area19122
  • CityPHILADELPHIA
  • CountyPHILADELPHIA-PA
  • StatePA
  • MunicipalityPHILADELPHIA
  • Zip Code19122

Interior

  • HeatingForced Air
  • CoolingCentral A/C

Exterior

  • ExteriorMasonry
  • ConstructionMasonry

Additional Information

  • Date ListedOctober 6th, 2025
  • Days on Market46
  • ZoningCMX2

Listing Details

  • OfficeKeller Williams Main Line
  • Office Contact6105200100
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Listing information last updated on November 21st, 2025 at 2:15pm CST.