Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2024
Sq.Footage
N/A
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.04
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$1,275,000
-
Tax Amount
397.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of ERIC Andrew Dvotsky , BHHS Fox & Roach-Center City Walnut
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AGENT
Chana Shaffer
Call Chana today to schedule a private showing.
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