439 E Washington Ln, Philadelphia, PA 19144

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List Price
$375,000
Status
ACTIVE
MLS#
PAPH2672312
Living Area
2,518
Lot Size (Acres)
0.07
Style
Colonial, Converted House
Year Built
1920
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

Updated triplex in the heart of Germantown offering a strong opportunity for an investor seeking immediate income with additional rental upside. This detached brick and stucco property features three spacious 3-bedroom, 1-bath units, each with updates throughout and separate utilities to help simplify operating expenses. The third-floor unit is currently leased at $1,295 per month, providing income from day one, while the first and second-floor units are delivered vacant and ready to lease at market rents or accommodate an owner occupant. A full basement provides additional storage and space for mechanicals, with on-street parking available. Situated on a 25 x 117 lot just one block from Chew Avenue, the property offers convenient access to Germantown Avenue shopping and dining, SEPTA Regional Rail and bus routes, La Salle University, and major routes into Center City. With nine bedrooms across three units, existing rental income, and two vacant units, this property offers flexibility for an investor looking to expand their Philadelphia portfolio.

Additional Information

Area
19144 (19144)
Subdivision
Germantown (East)
School District
The School District Of Philadelphia
Fireplaces
1
Heating
Hot Water
Cooling
None
Water
Public
Sewer
Public Sewer
Basement
Other

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Main Line. Contact: