723 E Church Lane

PHILADELPHIA, PA 19144

  • 0 Bed(s)
  • 0 Bath(s)
  • 2,924 Sqft
  • 22616
    Sqft(Lot)
$895,000

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!

  • Property Type

    Multi-Family

  • Subdivision

    Germantown (east)

  • County

    PHILADELPHIA

  • Style

    French

  • AD ID

    49878051

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Property Details

  • Water/Sewer

    • Water Source : Public

    Interior Features

    • Exterior Property Features : Sidewalks,Street Lights

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Forced Air
    • Cooling Fuel: Natural Gas
    • Heating Fuel: Natural Gas

  • Building Information

    • Exterior Features: Sidewalks,Street Lights
    • Year Built: 1925
    • Structure: Detached
    • New Construction: No
    • Total Units: 4
    • Built: 1925
    • Construction Material: Masonry
    • Foundation/Basement: Other
    • Architecture: French
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 22,616
    • Dimensions: 100.00 x 226.00
    • Lot Size (Acres): 0.52
    • Architectural Style: French
    • Main Square Feet: 22,616

    Property Information

    • SQ ft: 8,485
    • SQ ft (Living Area): 8,485
    • Total Lot SQ ft: 22,616
    • View: Street
    • Subdivision: GERMANTOWN (EAST)
    • Financing: Cash,Conventional
    • Appx. Lot Dimensions: 100.00 x 226.00
    • Total Acreage: 0.52
    • New Construction: No
    • Type: French

  • Listing Information

    • Possession: Immediate
    • Days Of Market: 1

  • Tax Information

    • Annual Tax: $3,964
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Immediate

    Assessment Information

    • Taxes Assessment Amount: $283,200

  • Virtual Tour

    Parking Information

    • Parking Type: Driveway,Off Street,On Street,Parking Lot

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional

    Homeowners Association Information

    • Direction: From Germantown Ave, turn onto E Church Ln heading North East. Drive straight for about 3 blocks. After you pass Belfield Ave, continue straight for about 6 blocks and then 723 E Church Ln will be on your left side.

  • School Information

    • School District: THE SCHOOL DISTRICT OF PHILADELPHIA

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Natural Gas
    • Heating Fuel: Natural Gas
    • Hot Water: Natural Gas

    Location Information

    • Location Type: Urban
    • Direction: From Germantown Ave, turn onto E Church Ln heading North East. Drive straight for about 3 blocks. After you pass Belfield Ave, continue straight for about 6 blocks and then 723 E Church Ln will be on your left side.
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BuyOwner last updated this listing 06/01/2025 @ 05:30

  • MLS: PAPH2482438
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 2,924 sqft, 22,616 sized lot, and 0 parking. are nearby neighborhoods.