Listing provided courtesy of: HomeSmart Realty Advisors.
2013 Germantown Ave
Philadelphia,
PA
19122
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!
-
Price
$595,000
-
Price / Sq Ft
$203
-
Beds
5
-
Bldg/Unit Size (Sq Ft)
2,925
-
Building Units
2
-
Land/Lot Size (Sq Ft)
871
-
Property Type
Residential Income
-
Year Built
2024
-
MLS Number
PAPH2444566
-
Days on Market
51
DISCLAIMERS, ANCILLARY INFO, DISCLOSURES & OTHER LEGAL STUFF
Listing provided courtesy of: HomeSmart Realty Advisors. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information is deemed reliable but not guaranteed. © 2025 by BRIGHT MLS. All rights reserved. Listing last updated on 05/05/2025 10:48:40
{"_id":{"$oid":"5e5811bb95eed7d2e2307693"},"id":"B12421","email":"
[email protected]","first_name":"Ed","full_name":"Edward Lang","internal_id":"12421","last_name":"Lang","middle_name":"","mls":"bright_mls","office_id":"BRMAX66","phone":"","slug":"ed-lang","slug2":"edward-r-lang","blog_url":"","cell_phone":"\u200b703.932.5753","date_modified":{"$date":{"$numberLong":"1725454757000"}},"designation":null,"last_seen_in_mls":{"$date":{"$numberLong":"1746715285000"}},"license_number":"225143666","middle_initial":"R","office_name":"RE\/MAX Executives","phone_ext":null,"social_links":[],"website_url":"www.NorthernVirginiaHomes.com","is_custom_agent":true,"last_updated":{"$date":{"$numberLong":"1669656274867"}},"sites":["5e55398a95eed7d2e21de8ba"],"post_id":17480,"site_id":"5e55398a95eed7d2e21de8ba","association_id":null,"languages":null,"preferred_phone":null,"description":"","image":"https:\/\/northernvirginiahomes.com\/app\/uploads\/sites\/edlangteam\/2020\/02\/image001.png","background_image":false,"title_over_background_image":"","description_over_background_image":"","license_prefix":"","fax":"","about_text":"Ed has been a top producing Realtor in Northern Virginia since 1994 and has earned nearly all the top level awards Northern Virginia Association of Realtors and Remax International offers. Including the highest award by Remax – Platinum Club. He has helped over 1500 families successfully buy and sell homes throughout Northern Virginia, in all types of markets, including buyer’s markets, seller’s markets, the great recession and the Covid-19 market. Real Estate has changed dramatically since Ed\u2019s early days in the field, but he has made a life- long commitment to growing his business and expertise through continuing education, use of the latest technology advancements, and most importantly providing 5 star customer service and relationships.\nStellar Service\nNow that is something often promised but rarely delivered in the real estate industry. Ed feels strongly that his clients not only deserve the highest level of expertise, but deserve a truly memorable real estate experience. He and his team strive to make each client\u2019s experience the best it can possibly be, through constant communication and a genuine desire to help them achieve their goals.\nExpert Resources\nBeing a member of the largest and most productive real estate company internationally, Ed is able to impart the vast amount of resources and benefits to his clients. Remax International has over 100,000 full time time producing agents across the United States and around the world. Referrals, Advertising, Internet and lead generation second to none are a few of the benefits of being part of the Remax Real Estate Team. Other agents know that they are dealing with a highly professional group and that they can count on a solid transaction.\nFamily Matters\nBeing the father of four active kids, Ed understands what it takes to raise a family in Northern Virginia. The daily schedules of school, work, and activities are demanding and time consuming. Ed understand that parents are looking for good schools and great neighborhoods for their children to grow up in, and that they want the best value for their money. And when it comes time to sell, they want full market value for their home, in a reasonable period of time, with no surprises. Ed understands that his clients put their full trust in him, to meet their needs, and they count on Ed to handle all the details and to make sure the transaction goes through smoothly from start to finish. It is for these reasons that his clients are treated as family. They keep in constant communication, information is shared in a timely manor, and sound advise and expert guidance is paramount. Long lasting relationships, solid commitments, and aspirations to go beyond all expectations are the norm here, and it is how Ed and his team treat clients.\n","title":"Realtor","area_of_expertise":"Realtor","team":false,"office_cpt":false,"awards":false,"languages_spoken":[],"facebook":"","twitter":"https:\/\/twitter.com\/EdLangTeam","instagram":"","pinterest":"","google_plus":"","linkedin":"https:\/\/www.linkedin.com\/in\/edlangteam","youtube":"https:\/\/www.youtube.com\/user\/erl0114\/videos","region_heading":"My Regions Of Expertise","region_description":"","agent_regions":false,"neighborhoods_heading":"My Neighborhoods Of Expertise","neighborhoods_description":"","agent_neighborhoods":false,"hide_properties_section":false,"agent_properties_section_heading":"Featured Listings","agent_properties_section_description":"","use_default_settings_for_agent_listings":true,"disable_search_with_me":true,"testimonial_section_title":"What My Clients Say","testimonial_section_description":"","testimonials_data_source":"testimonials-cpt","enable_agent_press_section":false,"agent_primary_menu_id":"","agent_footer_menu_id":"","agent_custom_logo":false,"agent_multiple_mls_association":false,"custom_html":"","office_address":"","zillow":"","yelp":"","realtor":"","disable_listings_slider":false,"featured_listings_short_code":"","scripts":{"header_scripts":""}}
By submitting information, I am providing my express written consent to be contacted by representatives of this website through a live agent, artificial or prerecorded voice, and automated SMS text at my residential or cellular number, dialed manually or by autodialer, by email, and mail.
