Excellent investment opportunity in the West Germantown neighborhood of Philadelphia. This multifamily property features four residential units, including three updated 1-bedroom/1-bath units, one spacious 2-bedroom unit and a 2-car garage which will be separately rented. The interiors have been updated with modern finishes, creating attractive and functional living spaces for… Read More tenants. The property also offers a basement area that was previously leased as a gym, providing additional potential for an owner or investor. Separate utilities add convenience for property management and help simplify operating expenses. Three of the four residential units are currently leased and professionally managed by Otter Property Management. Unit 1R is leased from April 28, 2026, through April 27, 2027, at $825 per month, generating $9,900 in annual rental income. Unit 2 is leased from May 1, 2026, through April 30, 2027, at $900 per month, generating $10,800 annually. Unit 3 is leased from April 11, 2026, through April 10, 2027, at $900 per month, generating $10,800 annually. The three leased units provide a combined scheduled rental income of $2,625 per month, or $31,500 annually, offering an investor immediate rental income with established leases and professional property management. Located just three blocks from the Queen Lane Regional Rail Station, the property offers convenient access to Center City, public transportation, and major roadways. It is also less than one mile from Drexel University College of Medicine and Philadelphia University, placing the property near major educational institutions, employment centers, shopping, dining, and neighborhood amenities. This property presents a strong opportunity for an investor seeking to add a well-located multifamily property to their portfolio. The property is being sold AS IS. Schedule your showing today! Read Less
Courtesy of Maria Maria Quattrone Quattrone, LPT Realty, LLC 877-366-2213
Listing Snapshot
Days Online
11
Last Updated
Property Type
Quadruplex
Square Ft.
3,642
Lot Size
0.05 Acres
Year Built
1900
MLS Number
PAPH2668764
Additional Details
Basement
Full, Partially Finished
Building
Built in 1900, Living area: 3642, 3 stories, Construction Materials: Masonry
Cooling
Window Unit(s)
Accessibility Features
None
Exterior Features
Patio/Porch Features: Porch(es), Sidewalks, Street Lights
Heating
Baseboard - Electric
Lot
0.05 acres
Property
Other structures: Above Grade, Below Grade, Street
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