2013 Germantown Avenue

Philadelphia PA 19122

2925 sq. ft.

830 sq. ft.

Duplex

Currently for sale - view listing

Overview

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 abatement?driving 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 views?premium 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 confidence?secure this high-yield, high-growth property before it?s gone!

Features

5 bedrooms

2925 sq. ft. floor area

830 sq. ft. lot size

Duplex

Property history for 2013 Germantown Avenue

2023

Sold

$122,500

31 Jul 2023 by Gazi Ataseven, of HomeSmart Realty Advisors

2020

Sold

$150,000

22 Dec 2020 by Fred Levine, of Fred R Levine Real Estate

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