6516 Germantown Ave Philadelphia, PA 19119
West Mount Airy NeighborhoodEstimated payment $7,854/month
Highlights
- Remodeled in 2024
- Contemporary Architecture
- Luxury Vinyl Plank Tile Flooring
- City View
- Corner Lot
- Property is in excellent condition
About This Home
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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,149
Year Built
- Built in 1925 | Remodeled in 2024
Lot Details
- 1,939 Sq Ft Lot
- Lot Dimensions are 69.00 x 49.00
- Corner Lot
- Property is in excellent condition
Property Views
- City
- Woods
- Valley
Home Design
- Quadruplex
- Contemporary Architecture
- Fiberglass Roof
- Masonry
Interior Spaces
- 5,555 Sq Ft Home
- Luxury Vinyl Plank Tile Flooring
- Basement
Location
- Urban Location
Utilities
- Ductless Heating Or Cooling System
- Wall Furnace
- Electric Water Heater
Listing and Financial Details
- Tax Lot 149
- Assessor Parcel Number 882935610
Community Details
Overview
- 4 Units
- 3-Story Building
- Mt Airy Subdivision
Building Details
- 4 Vacant Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,508 | $225,000 | $45,000 | $180,000 |
| 2024 | $2,508 | $225,000 | $45,000 | $180,000 |
| 2023 | $2,508 | $179,200 | $35,841 | $143,359 |
| 2022 | $2,296 | $179,200 | $35,841 | $143,359 |
| 2021 | $2,296 | $0 | $0 | $0 |
| 2020 | $2,296 | $0 | $0 | $0 |
| 2019 | $2,279 | $0 | $0 | $0 |
| 2018 | $4,806 | $0 | $0 | $0 |
| 2017 | $3,992 | $0 | $0 | $0 |
| 2016 | $3,992 | $0 | $0 | $0 |
| 2015 | $3,822 | $0 | $0 | $0 |
| 2014 | -- | $285,200 | $48,500 | $236,700 |
| 2012 | -- | $23,328 | $5,124 | $18,204 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | For Sale | $1,425,000 | 0.0% | $257 / Sq Ft |
| 04/07/2025 04/07/25 | Pending | -- | -- | -- |
| 01/15/2025 01/15/25 | Price Changed | $1,425,000 | -20.8% | $257 / Sq Ft |
| 09/09/2024 09/09/24 | For Sale | $1,800,000 | -- | $324 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $200,000 | Historic Abstract |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,300,000 | Construction |
Source: Bright MLS
MLS Number: PAPH2394628
APN: 882935610
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