Investor Alert – Prime legally zoned with active rental licenses Triplex in Germantown with Value-Add Potential! Welcome to 4600 Wayne Avenue, a well-maintained triplex nestled in the heart of historic Germantown, Philadelphia. This income-generating property offers immediate cash flow and significant upside for savvy investors or owner-occupants. The building sits on an exceptionally large lot for the neighborhood. The spacious first-floor unit features exclusive access to a full basement, perfect for additional storage or future expansion. A detached garage and off-street parking add convenience and appeal for tenants—rare finds in this neighborhood. Current monthly gross rent is $3,195, with Unit 1, a 2-bedroom renting for $1,210, Unit 2, a 1-bedroom for $1,005, and Unit 3, a 2-bedroom for $980. All units are certified lead safe, and the property has been attentively maintained, ensuring minimal headaches for the next owner. With some strategic updates, there’s excellent potential to increase rents and overall value. Whether you're looking to expand your portfolio or house hack, this is an opportunity you won’t want to miss. Owner is a licensed Realtor.
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Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.