308 W Queen Ln, Philadelphia, PA 19144

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List Price
$625,000
Days on Market
3
Status
ACTIVE
MLS#
PAPH2673170
Lot Size (Acres)
0.03
Year Built
1900
County
Philadelphia
School District
Philadelphia City

Property Description

Rare mixed-use investment in fast-growing Germantown: two fully renovated, leased apartments plus a large warehouse three income streams under one roof, fully occupied and producing $54,600/year. The warehouse sits on a 5-year commercial lease with built-in 3% annual rent increases, while the apartments are finished with stainless appliances, quartz-style countertops, subway-tile kitchens, designer tiled baths, luxury vinyl plank flooring, and recessed lighting. A deep lot and flexible configuration open the door to an owner-user, a buy-and-hold investor, or a future redevelopment play. Ideally positioned near the Wayne Junction transit hub with regional-rail access and quick reach to Center City. A same-block property recently closed at $600,000. Turnkey income today with genuine upside — a versatile, hard-to-replace asset in one of Northwest Philadelphia's most active corridors.

Additional Information

Area
19144 (19144)
School District
Philadelphia City
Heating
Forced Air
Cooling
Central Air
Water
Public
Sewer
Public Sewer

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Listing courtesy of SDG Management, LLC. Contact: