Excellent income potential at this double lot property! Includes 223 E Ashmead. Property is a legally zoned three unit building with active rental licenses located in Germantown area of Philadelphia. This triplex is one large 2-3 bedroom/1.5 bathroom unit with a loft, one 1 bedroom/ bath, 1 studio with separate kitchen and bath. There is a large space in the back that can be converted into garages for additional income, or possibly another multifamily unit can be built (would need to be approved by zoning). There are 3 electric meters, brand new 240 electrical service and heads, 3 new water heaters, and new plumbing. Larger unit is getting $2200 PHA rent. Other two units are vacant and should bring in at least another $1800 in rent. Owner must sell! Make an offer! Package price deal available with purchase of 4220 Wallace Street and 6313 Bingham Street. Both also listed on the mls.

This is an Active listing.

Broker Office Phone Number: 484-367-7727

Copyright © 2025Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.