2013 Germantown Ave, Philadelphia, PA 19122 $595,000

# of Units: 2
Interior Sq. Ft: 2,925
Acreage: 0.02
Age:1 years
Taxes: $818
MLS#: PAPH2444566
Subdivision: Norris Square
Design/Type:
Detached

Description

Prime Luxury Duplex – 6.8% Cap Rate + 10-Year Tax Abatement Pending! 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 pending 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!

Taxes: $818
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: Philadelphia City

Features

Utilities
Forced Air Heating, Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
On Street

Interior
Primary Bath(s), Recessed Lighting, Walk-in Closet(s), Fully Finished Basement, Ceramic Tile Flooring, Luxury Vinyl Plank Flooring, Security Gate, Sprinkler System - Indoor

Exterior
Concrete Perimeter Foundation, Fiberglass Roof, Frame Exterior

Contact Information

Listing Courtesy of: HomeSmart Realty Advisors , (215) 604-1191, bill@homesmartrealtyadvisors.com

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Listing data as of 3/16/2025.