308 W Queen Ln, Philadelphia, PA 19144
- $625,000
- List Price
- $625,000
- Days on Market
- 12
- 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.
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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:
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