6610-12 Germantown Ave, Philadelphia, PA 19119
Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners
6610-12 Germantown Ave,Philadelphia, PA 19119
$9,500,000
- 73 Beds
- - Baths
- 51,835 sq. ft.
- Multi-family
- Pending
Listed by:ryan j mcmanus
Office:keller williams liberty place
MLS#:PAPH2414064
Source:BRIGHTMLS
Price summary
- Price:$9,500,000
- Price per sq. ft.:$183.27
About this home
Pelham Place Apartments: This exceptionally-designed, 51,835 SF multifamily investment property is a turnkey blue-chip apartment building located in a coveted submarket in Northwest Philadelphia (NWPHL) — Mount Airy. Anchored by two (2) essential businesses on the ground floor, 36 apartments rise 4 storeys up to a landscaped green roof with panoramic vistas of Mount Airy and the surrounding lush landscape of NWPHL. The unit matrix includes two (2) commercial units, four (4) 1bd, twenty-seven (27) 2bd, and five (5) 3bd apartments. Average size for the apartment units is a generous 914 SF — well in excess of market averages. $1770/unit is the average rental price. The oversized apartment homes feature modern fit + finish kits including high ceilings, window treatments, stone countertops, carpeted bedrooms with spacious closets, sleek LVP flooring in kitchens and living areas, custom shaker cabinetry and contemporary bath suites. Keyless entry and digital high-tech security intercoms provide a seamless building access experience. A fully-equipped business lounge and entertainment center are located on the ground floor, providing 24-hr access and enjoyment for residents immediately upon entering the building — similar to the look and feel of a luxury boutique hotel — complete with with MAC desktop stations, a full-sized wet bar, deluxe furnishings, televisions, fireplace, coffered ceilings, wallpapered surrounds and local artwork. A fully-equipped fitness center is located in the lower level as well. Located on the historic cobbles of Germantown Avenue with amenities in abundance (all within walking distance), Pelham Place Apartments represents one of the finest acquisition opportunities in the Greater Philadelphia MSA to purchase a "like new" construction stabilized asset in an “in-demand” Philly neighborhood at a value well below replacement cost. 10 year tax abatement. Buyer responsible for verifying taxes, SF, financials in DD.
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Home facts
- Year built:2017
- Listing ID #:PAPH2414064
- Added:340 day(s) ago
- Updated:October 01, 2025 at 07:32 AM
Rooms and interior
- Bedrooms:73
- Living area:51,835 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Central, Natural Gas
Structure and exterior
- Roof:Fiberglass
- Year built:2017
- Building area:51,835 sq. ft.
- Lot area:0.36 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$9,500,000
- Price per sq. ft.:$183.27
- Tax amount:$9,083 (2024)
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