439 E WASHINGTON Lane
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.
Broker Details
Keller Williams Main Line (610) 520-0100
MLS ID: 3160540 State License Number: RS316148
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $375,000 |
| No. of Units: | 3 |
| Year Built: | 1920 |
| Lot Size: | 2,518.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $125,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-TRENDPA-PAPH2672312
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