Philadelphia, PA 19122 2013 Germantown Ave

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Presented By: HomeSmart Realty Advisors
  • MLS# PAPH2444566
  • 02/11/2025
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  • Beds • 5

Home Details

Prime Luxury Duplex 6.8+% Cap Rate + Approved 10-Year Tax Abatement! 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 10-year tax abatementdriving 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 viewspremium 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 confidencesecure this high-yield, high-growth property before its gone!
Presented By: HomeSmart Realty Advisors

Interior Features for 2013 Germantown Ave

Bedrooms

Three Bedroom Units Count1

Other Interior Features

LivingAreaSourceEstimated
BasementFully Finished
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
FlooringLuxury Vinyl Plank, Ceramic Tile
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Interior AmenitiesPrimary Bath(s), Recessed Lighting, Walk-in Closet(s)

General for 2013 Germantown Ave

Acceptable FinancingCash, Conventional, FHA, VA
AccessibilityNone
AppliancesBuilt-In Microwave, Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer - Front Loading
Architectural StyleContemporary
CityPHILADELPHIA
Construction Completed Y/NYes
Construction MaterialsFrame
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsGPS FOR BETTER DIRECTIONS
Garage Y/NNo
HeatingForced Air
Lease TypeLong Term
Lot Size Square Feet830.00
Lot Size UnitsSquare Feet
MLS Area19122 (19122)
ModificationTimestamp2025-04-02T15:20:44
MunicipalityPHILADELPHIA
New ConstructionYes
Number Of Units Total2
Number of Units Leased2
NumberOfUnitsVacant
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG264.44
Property ConditionExcellent
Property SubtypeDuplex
Property TypeMulti-Family
RoofFiberglass
School DistrictPHILADELPHIA CITY
Security FeaturesSecurity Gate, Sprinkler System - Indoor
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Subdivision NameNORRIS SQUARE
Tax Annual Amount818.0
Tax Assessed Value58500.0
Tax Year2024
Total Actual Rent48708.00
Total SQFT2925
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built2024
Year Built SourceEstimated
ZoningCMX2

Exterior for 2013 Germantown Ave

Exterior AmenitiesRoof Deck
Foundation DetailsConcrete Perimeter
Lot Size Acres0.02
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $595,000
MLS#PAPH2444566
List Date 02/11/2025
Property Type Multi-Family
Phone 703.929.4729
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