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.
Listed By
Agency Name: Keller Williams Main Line
Agency Phone: 6105200100
Shown By
Agent Name: Joyce Rowlands
Agent Phone: (570) 578-2065
Agency Title: Lewith & Freeman
Lewith & Freeman Joyce Rowlands (570) 578-2065
Estimated Payment
$ 2,608.41 per month $2,135.45 Principal & Interest $363.58 Property Tax $109.38 Homeowner's InsuranceSend an email with a link to
439 E Washington Lane, Philadelphia, PA 19144.
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439 E Washington Lane, Philadelphia, PA 19144.
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439 E Washington Lane | MLS# PAPH2672312
This multi-family property located at 439 E Washington Lane, Philadelphia, PA 19144 is currently listed for sale with an asking price of $375,000. E Washington Lane is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on joycerowlands.lewith-freeman.com today.