3,642 SqFt
3,642 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,642 sqft
Price per Sqft $116
Lot Size 2,001 Sqft
MLS Listing ID PAPH2668764
Financing Cash,Conventional,FHA,VA
Style Traditional
Subdivision Germantown (West)
Total Units 4
Short Sale No
Originating MLS BRIGHT
Available Date 2026-09-24
Property Description
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!
Location
State PA
County Philadelphia
Area 19144 (19144)
Zoning RSA5
Area 19144 (19144)
Rooms
Basement Full, Partially Finished
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Fireplace N
Heat Source None
1-purchase type For Sale
Exterior
Exterior Feature Porch(es)
Garage Basement Garage
Garage Spaces 2
Waterfront N
Water Access N
View Street
Accessibility None
Porch Porch(es)
Parking Type Attached Garage
Attached Garage 2
Total Parking Spaces 2
Building
New Construction N
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
Schools
School District The School District Of Philadelphia
Others
Tax Amount $6,888
Tax Year 2026
Tax ID 124037100
Ownership Fee Simple
SqFt Source 3642
Acceptable Financing Cash, Conventional, FHA, VA
Special Sale Standard
