Description
Price correction it will go much faster - put in yout offer today
exceptional germantown multifamily investment – a must-see opportunity!
discover the potential of this well-maintained 4-unit multifamily property in the heart of germantown, a thriving neighborhood that continues to experience strong demand and impressive growth. this fully occupied building is currently generating approximately $3,800 in gross monthly rent, offering immediate cash flow from day one. however, with rental rates in the area climbing by 25% over the past three years, there’s significant potential to increase rents and boost your return on investment even further.
4 spacious units: each unit is well-kept, providing comfortable living spaces that appeal to tenants seeking quality homes in the area.
fully occupied: all four units are currently rented to responsible, tidy tenants, providing consistent rental income without the hassle of finding new occupants.
strong rental market: germantown is experiencing a surge in rental demand, with rental rates steadily increasing over the past few years. this property is perfectly positioned to benefit from this trend, with room to raise rents in the future to align with the market.
-versatility: whether you’re an investor seeking a solid, low-maintenance income property or a potential homeowner looking for an opportunity to live in one unit while renting out the other three to cover your mortgage, this property offers unmatched flexibility.
situated in a prime germantown location, this property enjoys close proximity to schools, parks, shopping centers, and public transportation, making it highly attractive to renters. the neighborhood has seen continuous revitalization, with new developments and amenities enhancing its appeal. germantown's rich history and vibrant community make it a sought-after location for tenants and investors alike.
with stable cash flow already in place, the real opportunity lies in the future upside. as rental demand continues to rise, you could capitalize on the opportunity to increase rents in line with the local market, significantly improving your returns. plus, properties like this, offering both immediate income and long-term appreciation potential, are increasingly hard to come by in germantown’s competitive real estate market.
perfect for investors or owner-occupants:
looking for a hassle-free investment property that practically manages itself? with all tenants already in place and well-maintained units, this is an ideal option for first-time or experienced investors alike. alternatively, live in one unit while the rental income from the other three helps cover your mortgage payments, allowing you to build equity with ease.
don’t miss out!
this is a rare chance to secure a high-performing property in one of philadelphia’s most promising neighborhoods. whether you’re looking to expand your portfolio or make a strategic move into multifamily ownership, this property is a smart investment. with the rental market on the rise and demand for quality housing in germantown growing, this opportunity won’t last long. schedule a showing today and see why this property stands out from the rest!
Property Type
Multi-FamilyCounty
PHILADELPHIAStyle
OtherAD ID
46869805
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
Heating & Cooling
- Cooling: None
- Heating: Baseboard - Electric
- Cooling Fuel: None
- Heating Fuel: Electric
-
Exterior Features
Building Information
- Year Built: 1910
- Structure: Detached
- New Construction: No
- Total Units: 4
- Built: 1910
- Construction Material: Masonry
- Foundation/Basement: Brick/Mortar
- Architecture: Other
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Electric
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Property / Lot Details
Lot Information
- Lot Size: 7,375
- Dimensions: 60.00 x 122.00
- Lot Size (Acres): 0.17
- Architectural Style: Other
- Main Square Feet: 7,375
Property Information
- SQ ft: 2,304
- SQ ft (Living Area): 2,304
- Total Lot SQ ft: 7,375
- Appx. Lot Dimensions: 60.00 x 122.00
- Total Acreage: 0.17
- New Construction: No
- Type: Other
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Listing Information
Listing Information
- Possession: Immediate
- Days Of Market: 106
-
Taxes / Assessments
Tax Information
- Annual Tax: $3,881
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Immediate
Assessment Information
- Taxes Assessment Amount: $277,300
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: Off Street
Homeowners Association Information
- Direction: Ross Street and E Walnut Lane
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School, Utilities & Location Details
School Information
- School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: None
- Heating Fuel: Electric
- Hot Water: Electric
Location Information
- Direction: Ross Street and E Walnut Lane
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BuyOwner last updated this listing 12/27/2024 @ 11:55
- MLS: PAPH2391706
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is recently sold, it has 2,304 sqft, 7,375 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of PHILADELPHIA , in zip code 19144, this PHILADELPHIA County Other are nearby neighborhoods.