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  1. House
  2. For Sale
  3. Philadelphia
Maria Elena Quattrone 895,000 USD

Residential - Multi-Family - Philadelphia, United States - United States

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895000.0000 USD
1013346001-1785 Multi-Family RE/MAX 1013346001-1785 1013346001-1785 https://remax-global.test3.gryphtech.com/en/listings/usa/multi-family/for-sale/philadelphia/723-e-church-ln/1013346001-1785

Residential - Multi-Family - Philadelphia, United States - United States

MultiFamily in Philadelphia, PA

895,000 USD https://remax-global.test3.gryphtech.com/en/listings/usa/multi-family/for-sale/philadelphia/723-e-church-ln/1013346001-1785 InStock
 
723 E Church Ln - Philadelphia, United States
Lot Size:
0.52 acre(s)
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 maintenanceowner 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!
Features Description


All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
Broker/Owner - Maria Elena Quattrone - RE/MAX @ Home
+1 666-666-6666 0 - 99999999 Maria Elena Quattrone Maria Elena Quattrone https://remax-global.test3.gryphtech.com/en/agents/usa/philadelphia/maria-elena-quattrone/1013346001 2054 South Street
Philadelphia, Pennsylvania, United States
19146

Maria Elena Quattrone

RE/MAX @ Home

+1 666-666-6666 0 - 99999999 USD United States RE/MAX RE/MAX @ Home Philadelphia 2054 South Street
Philadelphia, Pennsylvania, United States
19146


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+1 666-666-6666 0 - 99999999 Maria Elena Quattrone Maria Elena Quattrone https://remax-global.test3.gryphtech.com/en/agents/usa/philadelphia/maria-elena-quattrone/1013346001 2054 South Street
Philadelphia, Pennsylvania, United States
19146

RE/MAX @ Home

2054 South Street
Philadelphia, Pennsylvania, United States
19146
https://at-home-philadelphia-pa.remax.com/
+1 666-666-6666 0 - 99999999 USD United States RE/MAX RE/MAX @ Home Philadelphia

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