Investments Sales Management

308 W QUEEN LANE

PHILADELPHIA, PA 19144

MLS#: PAPH2673170

$625,000

Status: Active
Listing number: PAPH2673170
Listing provided by: SDG Management, LLC
Listing agent phone: None
Last update: 2 days ago
New on site 3 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1900

Sq.Footage

1,310

Rare mixed-use investment in fast-growing Germantown: two fully renovated, leased apartments plus a large warehouse three income streams under one roof, fully occupied and producing $54,600/year. The warehouse sits on a 5-year commercial lease with built-in 3% annual rent increases, while the apartments are finished with stainless appliances, quartz-style countertops, subway-tile kitchens, designer tiled baths, luxury vinyl plank flooring, and recessed lighting. A deep lot and flexible configuration open the door to an owner-user, a buy-and-hold investor, or a future redevelopment play. Ideally positioned near the Wayne Junction transit hub with regional-rail access and quick reach to Center City. A same-block property recently closed at $600,000. Turnkey income today with genuine upside — a versatile, hard-to-replace asset in one of Northwest Philadelphia's most active corridors.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Driveway

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Lot Size(square feet)

    1,180

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $625,000

  • Tax Amount

    $362

  • Sq. Footage

    1,310

  • Price/SqFt

    $477

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    57

  • Water Source

    Public

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Listing Courtesy of Shawn E Witter, SDG Management, LLC

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Agent Nick Polinchock

Owner, Chief Executive Officer, Portfolio Advisor

Nick Polinchock

Call Nick today to schedule a private showing.

(267) 614-1331

(215) 821-8836

nick@tntrealestatesolutions.com


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Rare mixed-use investment in fast-growing Germantown: two fully renovated, leased apartments plus a large warehouse three income streams under one roof, fully occupied and producing $54,600/year. The warehouse sits on a 5-year commercial lease with built-in 3% annual rent increases, while the apartments are finished with stainless appliances, quartz-style countertops, subway-tile kitchens, designer tiled baths, luxury vinyl plank flooring, and recessed lighting. A deep lot and flexible configuration open the door to an owner-user, a buy-and-hold investor, or a future redevelopment play. Ideally positioned near the Wayne Junction transit hub with regional-rail access and quick reach to Center City. A same-block property recently closed at $600,000. Turnkey income today with genuine upside — a versatile, hard-to-replace asset in one of Northwest Philadelphia's most active corridors.

308 W QUEEN LANE

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