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USAPAPhiladelphiaGermantown (East)723 E Church Ln
723 E Church Ln, Home with 0 bedrooms, 0 bathrooms and null parking in PHILADELPHIA PA | Image 1
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$895,000

723 E Church Ln, Philadelphia, PA

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 8485 sqft
Garage No
Taxes $3,964
Days Active 31
Lot Size 
Approx. Age 1925
Avg. Price Per Sqft $105
MLS® Number PAPH2482438

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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!Show Description
MLS® NumberPAPH2482438
Laundry Level
Central VacNo
FireplaceNo
Acreage0.52
ExteriorSidewalks, Street Lights
GarageNo
Approx. Age1925
Basement
DrivewayDriveway, Off Street, On Street, Parking Lot
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral A/C, Natural Gas
Heating Fuel

Extras

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