$ 895,000
-
$895,000
Price -
8
Bed - Bath
-
8,485
SqFt
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About the Listing RM-ATHMP - 3151733
Exceptional multi-family investment opportunity in East Germantown! This 3-story 4-unit building spans roughly 8,485 Sq/Ft and offers reliable, long-term cash flow. For the past 19 years, the property has been leased under a master lease to a well-established mental health facility currently paying $8,300/month with a 3% increase each year. This mental health facility occupies all four of the units, so there is one tenant for the whole property. Two of the four units have 2 beds 1 bath and the other two units have two beds 1.5 baths. The tenant is responsible for all utilities and maintenance—owner only pays property taxes and owners insurance, keeping expenses low and returns strong. With 3 levels of usable space and four occupied units, the building offers flexibility for future use. For investors looking to expand their investment portfolio with a stable income-producing asset in a growing market, this property checks all the boxes. Located right in East Germantown, just minutes from Germantown Ave, this location benefits from easy access to public transportation, local shops, and major commuter routes. Strong tenant history, consistent income, and minimal owner responsibility make this a true turnkey investment. Don't miss out on this high-performing property in one of Philadelphia's most active redevelopment corridors!
Listing Highlights for 723 E Church Ln
Status
Active
Days on Site
111
Property Type
Multi-Family
MLS ®
PAPH2482438
Year Built
1925
Total Square Footage
8,485
Lot/Acreage
0.52
County
Philadelphia
Neighborhood
Germantown (East)
Area
19144 (19144)
School District
The School District Of Philadelphia
Interior Details
- Bedrooms: 8
- Bathrooms: Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 8485
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Front Yard,SideYard(s),Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 7
- Lot Dimensions: 100.00 x 226.00
- Zoning: RSA1
- Roof:
- Others: Sidewalks,Street Lights
- Sewer: Public Sewer
- Parking Features: Driveway,Off Street,On Street,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $3,964
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
723 E Church Ln Philadelphia, PA 19144
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