5216-5218 Greene Street

Φιλαδέλφεια, PA 19144

6 Unit multi-family opportunity in desirable West Germantown location blocks from the train station and directly across the street from Howell Park. Ideal unit mix consisting of (4) two -bedroom units and (2) one- bedroom units. The building was meticulously restored in 2015 with all new mechanicals and windows throughout. The owners smartly refurbished many original details which is highly marketable in this location. The 1:1 off street parking, high ceilings, abundance of natural light and W/D hookups in each unit sets this building apart from most other apartment buildings in this neighborhood and offers an immediate opportunity to implement a new management program and drastically increase rents. The low maintenance fees, low taxes (tax abatement), separate utilities (including water) and limited common area space help keep the operating expenses low. A truly turnkey investment opportunity in a location ripe for appreciation. New construction apartment units nearby are already appraising for $250,000/unit and an abundance of neighborhood amenities continue to be introduced between the revitalization of the Germantown Avenue commercial corridor and Wayne Junction, both only blocks away.