1. Pennsylvania
2. Philadelphia
3. 723 E CHURCH LN

723 E CHURCH LN, Philadelphia, PA 19144

• 8,485 sqft

Property Description

Exceptional multi-family investment opportunity in East Germantown! This 3-story 4-unit building spans roughly 8,485 Sq/Ft and offers reliable, long-term cash flow. For the past 19 years, the property has been leased under a master lease to a well-established mental health facility currently paying $8,300/month with a 3% increase each year. This mental health facility occupies all four of the units, so there is one tenant for the whole property. Two of the four units have 2 beds 1 bath and the other two units have two beds 1.5 baths. The tenant is responsible for all utilities and maintenance—owner only pays property taxes and owners insurance, keeping expenses low and returns strong. With 3 levels of usable space and four occupied units, the building offers flexibility for future use. For investors looking to expand their investment portfolio with a stable income-producing asset in a growing market, this property checks all the boxes. Located right in East Germantown, just minutes from Germantown Ave, this location benefits from easy access to public transportation, local shops, and major commuter routes. Strong tenant history, consistent income, and minimal owner responsibility make this a true turnkey investment. Don't miss out on this high-performing property in one of Philadelphia's most active redevelopment corridors!

Listing Status:

Active

Date Added:

May 28, 2025 at 05:00AM

Listing Office:

RE/MAX @ HOME : 2156073535

Listing Agent:

Maria Maria Quattrone Quattrone : 2156073523

MLS ID:

PAPH2482438

Interior

• A/C: Central A/C
• Heating: Forced AirNatural Gas
• Disability Feature: Ramp - Main Level

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Maria Maria Quattrone Quattrone, RE/MAX @ HOME