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… Read More 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 Read Less
Courtesy of Jon M O'Shea, Keller Williams Main Line 610-520-0100
Listing Snapshot
Days Online
139
Last Updated
Property Type
Commercial
Square Ft.
10,404
Lot Size
0.09 Acres
Year Built
2019
MLS Number
PAPH2626216
Additional Details
Building
Built in 2019, Construction Materials: Masonry
Cooling
Central A/C
Accessibility Features
None
Heating
Forced Air
Lot
0.09 acres, Dimensions: 64.00 x 90.00
Sewer
Public Sewer
Taxes
Year: 2026, Zoning: CMX2
Utilities
Water Source: Public
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