Investments Sales Management

Colonial, Converted Dwelling

439 E WASHINGTON LANE

PHILADELPHIA, PA 19144

MLS#: PAPH2672312

$375,000

Status: Active
Listing number: PAPH2672312
Listing provided by: Keller Williams Main Line
Listing agent phone: None
Last update: 6 days ago
On site: 6 days ago
Browse Properties
GERMANTOWN (EAST) - Residential Income

Property

Beds

9

Full Baths

None

1/2 Baths

None

Year Built

1920

Sq.Footage

2,518

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.

Features & Amenities

Interior

  • Total Bedrooms

    9

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2518.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Oil, Hot Water

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.07

  • Lot Size(square feet)

    2,922

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Colonial, Converted Dwelling

Price

  • Sales Price

    $375,000

  • Tax Amount

    $4,363

  • Financing Options

    Cash, Conventional

  • Sq. Footage

    2,518

  • Price/SqFt

    $148

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Other

  • Sewer

    Public Sewer

  • Tax Lot

    59

  • Water Source

    Public

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Listing Courtesy of Elan Elkaim, Keller Williams Main Line

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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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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.

439 E WASHINGTON LANE

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