Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
3,642
Excellent investment opportunity in the West Germantown neighborhood of Philadelphia. This property features four units plus 2-car garages that can be separately rented, which consists of three updated 1-bedroom/1-bath units and one spacious 2-bedroom unit. The interiors have been updated with modern finishes, creating attractive and functional living spaces for 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!
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Above Grade Finished Area
3642.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Baseboard
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Parking
Permit Required, Garage, Basement, Attached
-
Patio and Porch Features
Porch
-
Pool
No
-
Waterfront YN
NO
-
View
Street
Area & Lot
-
Lot Size(acres)
0.05
-
Lot Size(square feet)
2,001
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Traditional
Price
-
Sales Price
$425,000
-
Tax Amount
$6,888
-
Financing Options
Cash, Conventional, FHA, VA
-
Sq. Footage
3,642
-
Price/SqFt
$116
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
New Construction
NO
-
Sewer
Public Sewer
-
Tax Lot
11
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Maria Maria Quattrone Quattrone, LPT Realty, LLC
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Owner, President, Investment Property Advisor
Theresa Kehler
Call Theresa today to schedule a private showing.
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