Presenting an exceptional opportunity in Germantown - this expansive FULLY OCCUPIED, LEGAL triplex with rental licenses, offers the ultimate in house hacking potential. This classic twin home features three generously sized 2-bedroom, 1-bath units, each thoughtfully designed to maximize comfort and functionality. Additionally, a bonus studio unit, complete with a… Read More full kitchen and bath, provides an ideal space for a caretaker or guests, enhancing the property's versatility. The building is generating $43,200.00 in rent and the bonus space was previously rented for $400/month. Upon entering, you'll be greeted by a stately foyer that leads to well-appointed living spaces. While the property has undergone recent renovations and upgrades, it presents a unique opportunity for new owners to apply their finishing touches. For the savvy buyer, this property offers the chance to generate significant income and offset mortgage costs. Investors will appreciate the potential to add a fully rented asset to their portfolio in a highly desirable location. This is more than just a property; it's a strategic investment in your future. Seize the opportunity to acquire a versatile, income-generating residence in one of Germantown's sought-after neighborhoods. Inspection report available. Read Less
Courtesy of Sharyn Soliman, Keller Williams Real Estate-Blue Bell 215-646-2900
Listing Snapshot
Days Online
550
Last Updated
Property Type
Triplex
Square Ft.
2,648
Lot Size
0.06 Acres
Year Built
1890
MLS Number
PAPH2388770
Additional Details
Basement
Full
Building
Built in 1890, Built in 2020 (effective), Living area: 2648, Construction Materials: Masonry
Cooling
None
Accessibility Features
None
Expenses
Insurance: $3,410, Operating: $9,515.52, Trash: $520, Other Expense: $6,105.52
Foundation
Brick/Mortar
Heating
Forced Air, Hot Water, Baseboard - Electric
Income
Gross Income: $43,200, Net Operating Income: $33,685, Apartment Rentals
Lot
0.06 acres, Dimensions: 26.00 x 103.00
Owner Pays
Water, Insurance, Taxes - Real Estate, Common Area Maintenance
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
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