Bought with ERIC Andrew Dvotsky • BHHS Fox & Roach-Center City Walnut
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Key Details
Sold Price $1,275,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Germantown
MLS Listing ID PAPH2567474
Sold Date 12/15/25
Year Built 2024
Annual Tax Amount $397
Tax Year 2025
Lot Size 1,668 Sqft
Acres 0.04
Lot Dimensions 16.00 x 35.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Philly CRE Advisors is pleased to present 6206 Germantown Avenue, a rare, fully leased mixed-use property in Philadelphia with variance approval for short-term rentals, including Airbnb and hotel use. Legal short-term rental zoning is extremely limited citywide, making this a truly unique investment opportunity for both passive and strategic investors. The building features four total units: three modern residential apartments and one commercial space. The residential units are leased at $2,500/month on two-year leases through 2027, while the commercial space will be delivered with a brand-new five-year NNN lease including 5% annual increases, ensuring stable, escalating cash flow. This property offers a true 8% cap rate, with all leases in place and zero deferred maintenance, making it a completely hands-off, turnkey investment. The triple-net commercial lease, long-term residential leases, and low-expense profile create the perfect scenario for buyers seeking predictable returns without active involvement. Additional highlights include high ceilings, contemporary finishes, and a full 10-year tax abatement, further enhancing net operating income. Whether you plan to hold long-term or explore the short-term rental upside, 6206 Germantown Avenue checks every box: fully leased, newly built, legally zoned for Airbnb, and built for performance.
Location
State PA
County Philadelphia
Area 19144 (19144)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District Philadelphia City
Others
Tax ID 871000202
Ownership Fee Simple
Special Listing Condition Standard
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