Investments Sales Management

Contemporary

6516 GERMANTOWN AVENUE

PHILADELPHIA , PA 19119

MLS#: PAPH2394628

$1,425,000

Status: Active
Listing number: PAPH2394628
Listing provided by: Keller Williams Liberty Place
Listing agent phone: None
Last update: a month ago
Browse Properties
MT AIRY - Residential Income

Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1925

Sq.Footage

5,555

Introducing 6516 Germantown Avenue in West Mount Airy (Philadelphia, PA) — a brand new mixed-use asset located on the quaint cobbles in one of Philly's most coveted historic districts with high barriers to entry. Investment Highlights: New Construction Multifamily Investment • Exceptional Dual-Corner Presence, Command, Curb Appeal • Ground Floor Destination Restaurant (Brick Oven Pizzeria) • Three (3) Spaciously Appointed Luxury Apartments • 69' Frontage on Germantown Avenue (area's main commercial corridor) • Sweeping Panoramic Rooftop Terrace • 10 Year Tax Abatement • 6.8% Pro Forma Cap • Access to Multiple Septa Train Stations, Germantown and Chestnut Hill (Shopping and Dining Districts) • Access to Parks, Country Clubs, Green Spaces + more

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Above Grade Finished Area

    5555.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Ductless, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric

Exterior

  • Garage

    No

  • Parking

    None

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

  • View

    City, Trees/Woods, Valley

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.04

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Contemporary

Price

  • Sales Price

    $1,425,000

  • Tax Amount

    3149.0

  • Sq. Footage

    5, 555

  • Price/SqFt

    $256

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Sewer

    Public Sewer

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

PHILADELPHIA

Elementary School

Middle School

High School

Listing Courtesy of Ryan J McManus , Keller Williams Liberty Place

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Introducing 6516 Germantown Avenue in West Mount Airy (Philadelphia, PA) — a brand new mixed-use asset located on the quaint cobbles in one of Philly's most coveted historic districts with high barriers to entry. Investment Highlights: New Construction Multifamily Investment • Exceptional Dual-Corner Presence, Command, Curb Appeal • Ground Floor Destination Restaurant (Brick Oven Pizzeria) • Three (3) Spaciously Appointed Luxury Apartments • 69' Frontage on Germantown Avenue (area's main commercial corridor) • Sweeping Panoramic Rooftop Terrace • 10 Year Tax Abatement • 6.8% Pro Forma Cap • Access to Multiple Septa Train Stations, Germantown and Chestnut Hill (Shopping and Dining Districts) • Access to Parks, Country Clubs, Green Spaces + more

6516 GERMANTOWN AVENUE

Message successfully sent.

What would you like to know?

Related Properties

1947 N 33rd Street: A turnkey, fully-stabilized, new construction multifamily asset with a 7.5% cap rate in North Philadelphia West across from Fairmount Park, featuring 5 spacious residential units - all two or three bedrooms each (average 1,380 SF per unit!) - on a desirable, scenic park-front stretch of North 33rd Street. Acquire this high-quality, low-maintenance, new-build (2020 vintage) with a little over 5 years remaining on a full 10-year property tax abatement. Delivered 100% leased, the property offers both steady cash flow and strong appreciation potential driven by the rapidly-developing North Philadelphia submarket. As new construction activity in Philadelphia declines, demand is expected to outpace supply, driving further rental growth in 2025, presenting a unique opportunity for investors to acquire a high-quality, income-producing asset with significant long-term upside.
#PAPH2485888

PHILADELPHIA

1947 N 33RD STREET

14 Beds

None Baths

8,467 Sq.Ft.

$1,375,000

MLS#: PAPH2485888

Welcome to 1309 S 52nd St., a prime multifamily investment opportunity nestled in the heart of Philadelphia's vibrant and rapidly developing 19143 area. This impressive property represents a rare chance to acquire a meticulously maintained multi-family building boasting 5 spacious residential units, each featuring 2 bedrooms and 2 full bathrooms, making it an ideal investment for both seasoned and budding real estate investors. Offered at a 7.25% cap rate. The buildings exterior exudes classic charm and is complemented by a well-manicured facade, offering exceptional curb appeal. Each of the 5 units has been thoughtfully designed to provide a comfortable and modern living environment, ensuring a high level of desirability among potential tenants. The open floor plans, abundant natural light, and contemporary finishes creating an inviting atmosphere, while the inclusion of two full bathrooms per unit adds an extra layer of convenience and luxury. All units come with a full appliance package, in-unit washer-dryers, built in surround sound speakers, security systems. In addition to the property's undeniable appeal, the location itself is a stand out feature. Nearby development projects are enhancing the area's appeal and promise future appreciation for savvy investors. Its also very close to many educational and medical facilities, including but not limited to: Penn Medicine University City, Childrens Hospital of Philadelphia, University of Pennsylvania. With its strategic location, well-appointed units, and strong rental potential, 1309 S 52nd St, represents a compelling opportunity for investors seeking a multi-family property with enduring value and significant growth potential. Dont miss your chance to own a piece of this dynamic and evolving neighborhood while securing a solid return on investment. 7 years left on the tax abatement and the building is 100% stabilized as all 5 units are rented. Contact us to schedule a tour and request financials.
#PAPH2483210

PHILADELPHIA

1309 S 52ND STREET

10 Beds

None Baths

6,500 Sq.Ft.

$1,250,000

MLS#: PAPH2483210

5 HOUSES 1 DEED-VERY RARE! Welcome to the hottest area in Fishtown/Old Kensington. Property is fully occupied but for an investor that is interested in short term rentals, THIS IS A GRANDSLAM! Estimated to gross around 200,000. This great investment is 5 side-by-side 3 story trinity townhomes all with separate entrances and a separate shared lot for all the houses. You read that right! 5 HOUSES all on one deed, SUPER RARE. These highly desirable homes have each been updated. Each townhome has 2 large bedrooms & one full bathroom. The first floor is split between a comfortable open living space, dining room and a large kitchen stocked with appliances, a large sink and nice cabinets. Each room has plenty of natural light shining in from the newer windows. These two bedroom homes are loaded with character and located on an amazing block close to coffee shops, trendy pubs, restaurants and public transportation. Being sold as a package deal. Each building has it's own BRT Number. One water meter for all buildings.
#PAPH2481478

PHILADELPHIA

107 W THOMPSON STREET 15

10 Beds

None Baths

3,308 Sq.Ft.

$1,274,999

MLS#: PAPH2481478

Seller made updates and cleared out 1st floor. Ready to start Fantastic investment opportunity in Bella Vista! This RM1-zoned triplex offers two fully leased 1-bedroom, 1-bath units, each currently renting for $2,000/month. The ground-floor unit is vacant and offers potential for residential conversion (check with city zoning) or use as office/commercial space. Total estimated income: $4,000/month with potential to increase. Property features over 2,500 sq ft of living space with updated interiors and separate utilities. Prime location just steps to Whole Foods, South Street, and the Italian Market. Easy access to public transit and walkable to Center City. Seller is offering substantial assistance toward down payment and/or closing costs with an acceptable offer. Great opportunity for investors or owner-occupants seeking cash flow with upside potential.
#PAPH2471964

PHILADELPHIA

737 BAINBRIDGE STREET

2 Beds

None Baths

2,568 Sq.Ft.

$1,200,000

MLS#: PAPH2471964

New Construction 5 unit apartment building in hot Norris Square area with 10 year tax abatement. Estimated rents over $9,000/month with an efficient unit mix and located in a QOZ (qualified opportunity zone) for maximum tax benefits. All units have private outdoor spaces with decks, roof decks, and patios. Large comfortable layouts with modern finishes and great natural lighting. High quality materials like TPO roofing, full red brick front, Pella windows, custom metal railings, large entry lobby. Construction will be completed in the next 45 days and listing photos are an example of the builder's previous apartment buildings. Leasing is in process. 5 Unit Mix: (2) - 2bd + den/3ba bilevel, (2) - 2bd/2ba bilevel, (1) - 1bd + den/1.5bath
#PAPH2463134

PHILADELPHIA

518 W SUSQUEHANNA AVENUE

11 Beds

None Baths

5,952 Sq.Ft.

$1,250,000

MLS#: PAPH2463134

Unlock the potential of this rare 10-unit multifamily gem, a prime value-add investment offering immediate cash flow and long-term appreciation in Northeast Philadelphia’s high-demand rental market. Featuring ten well-designed 1-bedroom units, each 500 sq. ft. with a living room, eat-in kitchen, bedroom, and full bathroom with a tub, this property presents an exceptional opportunity for investors. With five vacant units and five current tenants paying below-market rents and leases up between July and September, the potential to increase cash flow is immediate, with market rents projected at $1,440 per unit, generating up to $14,000+ in monthly rental income. Whether you choose to modernize units with light cosmetic updates or take advantage of guaranteed Section 8 rental income, this property is an ideal high-yield investment. Offered at $1.4M with a current 7% cap rate, and the potential of a 10.67% cap rate along with low annual taxes under $6,000, this asset is positioned for strong equity growth. Sitting on a spacious 0.2-acre lot with 4,600+ sq. ft. of interior space, this property provides incredible expansion potential, including the ability to add a third floor for additional units or utilize the side and backyard for off-street parking, a play area, or premium tenant amenities. Strategically located near major transit, Roosevelt Blvd’s shopping district, the Navy Yard, and top employment hubs, tenant demand remains strong, ensuring consistent occupancy and long-term profitability. Whether you're looking to renovate, reposition, or expand, this property is a rare opportunity to maximize returns and build equity in a thriving rental market. Expenses and rent roll available upon request. * Seller is working on refreshing vacant units and placing tenants in at market rent.
#PAPH2457966

PHILADELPHIA

6126 BINGHAM STREET 28

10 Beds

None Baths

4,608 Sq.Ft.

$1,400,000

MLS#: PAPH2457966

Calling all commercial investors and developers for an excellent development opportunity in Kingsessing. This large corner property has a lot size of 70 x 125 or 8,750 SqFt with a curb cut on the 49th Street side leading to ample parking. The building currently has 4 commercial units totalling 6,810 SqFt and current occupants include a laundromat, a convenience store, a church and one vacant unit. All leases are on a month to month contract allowing for the property to be delivered occupied or vacant at closing. The size and zoning of this property allows for the addition of 15 to 20 residential units by right. Alternatively, the current building could be demolished in order for the construction of a large new condo or apartment building with commercial units on the first floor. Additional features include its convenient location next to multiple transit lines, the 13 Trolly servicing The Darby Transportation center to Market East Jefferson Station, and Septa regional rail Media/Wawa Line, with service from Media station to center city and Temple University. It is also in walking distance to shopping and nightlife on Baltimore Ave. and a short commute to UPenn, Drexel University and Center City.
#PAPH2448574

PHILADELPHIA

4817 CHESTER AVENUE 23

None Beds

None Baths

6,610 Sq.Ft.

$1,695,000

MLS#: PAPH2448574

1200 N 5th St., a corner mixed-use investment property located along Girard Avenue’s commercial corridor. The site consists of two commercial spaces and three apartments. The corner commercial space, a former diner/restaurant is currently vacant and presents a great opportunity to for an owner-user. The second commercial space is also vacant. Both spaces are currently marketed for lease. The apartments were renovated in 2017, featuring new kitchens w/quartz counters, stainless steel appliances, white cabinets, engineered hardwood floors, 4-piece tile baths, laundry in each unit, and plenty of natural light throughout. All units are self-contained, and the property has two years remaining on a partial tax abatement. Located at the northwest corner of N. 5th Street and W. Girard Avenue, the property is nestled between Northern Liberties and Fishtown. This is an excellent location right in the heart of a tremendous amount of development along Girard Avenue both to the East and West. The site has easy access to Center City, the Girard trolley line, the Market Frankford El train, and many bus routes. Northern Liberties and Fishtown are both bustling commercial corridors with an abundance of restaurants, cafes, grocery stores, and retail stores. Both neighborhoods also have a very strong residential market and are prime locations for residents of Philadelphia.
#PAPH2410910

PHILADELPHIA

1200 N 5TH STREET

6 Beds

None Baths

4,220 Sq.Ft.

$1,350,000

MLS#: PAPH2410910

True money generator for sale! huge commercial and residential building for sale, located on the main st, very high traffic volumes. The 2 commercial spaces are very visible and attractive to passing traffic. Also, the business is booming and steady. Walking distance to the prosperous 5 point intersection of Cottman Ave and Oxford Ave. Cross street from the School, The Asian Museum is right at the corner. Easy parking in the front, plus huge free, private parking in the rear. This building combines 2 commercial spaces and 5 residential units( 3, 1 bedroom and 2, 2 bedrooms) , a total of 8542 sqft. Fully leased with long-term tenants. All separated gas meters, electric meters, separate hot water heater, gas boiler, some of the units feature central A/C. 5 residential units have individually separated entrances. Tenants pay their own utilities bills. are and high income-producing investment. The annual rental income is $114,300, with very few expenses. The cap rate can be 6% or higher. Low property tax, long-term tenants, The daycare, and nail salon have very stable and continuing profitable business. Easy to manage. Must show preapproval before showing .
#PAPH2094662

PHILADELPHIA

1016 COTTMAN AVENUE

7 Beds

None Baths

N/A

$1,680,000

MLS#: PAPH2094662

INVESTOR ALERT!! Package deal available to include 10 Northeast row , twins or end of row rental properties. All are currently rented with seasoned tenants. All are single family homes. All have reasonable rent amounts. All are well maintained. Buyer must show buying capability before information is divulged. Will be sold as a complete package. Sellers will not break the portfolio apart at this time. Do not disturb any tenant without having proved ability to purchase. Exterior showings only!!
#PAPH2515580

PHILADELPHIA

2340 MARGARET STREET

28 Beds

None Baths

1,246 Sq.Ft.

$1,450,000

MLS#: PAPH2515580

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here