2013 Germantown Ave

PHILADELPHIA, PA 19122

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 830
    Sqft(Lot)
$595,000

Description

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!

  • Property Type

    Multi-Family

  • Subdivision

    Norris Square

  • County

    PHILADELPHIA

  • Style

    Contemporary

  • AD ID

    48583936

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Property Details

  • Water/Sewer

    • Water Source : Public

    Interior Features

    • Primary Bath(s),Recessed Lighting,Walk-in Closet(s)
    • Roof : Fiberglass
    • Exterior Property Features : Roof Deck
    • Basement Description: Fully Finished
    • Property Appliances: Built-In Microwave,Dishwasher,Dryer - Electric,Oven/Range - Electric,Refrigerator,Stainless Steel Appliances,Washer - Front Loading

    Roofing Information

    • Fiberglass

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Forced Air
    • Cooling Fuel: Electric
    • Heating Fuel: Electric

  • Building Information

    • Exterior Features: Roof Deck
    • Year Built: 2024
    • Structure: Detached
    • Major Appliances: Built-In Microwave,Dishwasher,Dryer - Electric,Oven/Range - Electric,Refrigerator,Stainless Steel Appliances,Washer - Front Loading
    • New Construction: No
    • Total Units: 2
    • Built: 2024
    • Construction Material: Frame
    • Security System: Security Gate,Sprinkler System - Indoor
    • Roof: Fiberglass
    • Foundation/Basement: Concrete Perimeter
    • Architecture: Contemporary
    • Pool/Private: No Pool
    • Roof Type: Fiberglass

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Electric

  • Lot Information

    • Lot Size: 830
    • Lot Size (Acres): 0.02
    • Architectural Style: Contemporary
    • Main Square Feet: 830

    Property Information

    • SQ ft: 2,925
    • SQ ft (Living Area): 2,925
    • Total Lot SQ ft: 830
    • Subdivision: NORRIS SQUARE
    • Financing: Cash,Conventional,FHA,VA
    • Total Acreage: 0.02
    • New Construction: No
    • Type: Contemporary

  • Listing Information

    • Possession: Negotiable
    • Days Of Market: 52

  • Tax Information

    • Annual Tax: $818
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Negotiable

    Assessment Information

    • Taxes Assessment Amount: $58,500

  • Parking Information

    • Parking Type: On Street

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional,FHA,VA
    • Roof: Fiberglass

    Homeowners Association Information

    • Direction: GPS FOR BETTER DIRECTIONS

  • School Information

    • School District: PHILADELPHIA CITY

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Electric
    • Hot Water: Electric

    Location Information

    • Direction: GPS FOR BETTER DIRECTIONS
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BuyOwner last updated this listing 05/13/2025 @ 06:02

  • MLS: PAPH2444566
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 830 sized lot, and 0 parking. are nearby neighborhoods.