468 E Walnut Lane

Description

Incredible opportunity to own a 3 unit building in the heart of Germantown. This income generating property is perfect for an ambitious owner occupant or the savvy investor that has a keen eye for neighborhoods that are prime for development. Aside from its convenient location, 468 E Walnut Lane comprises a one bedroom unit and 2 two bedroom units ready to rent immediately to produce cash flow. The classic single large building enjoys a charming front porch with curb appeal and a rear deck. On the interior, each unit is in exceptional condition featuring hardwood floors, carpeting, southern exposure facing windows, fully-equipped kitchens and baths. The units are highly desirable and the owners had full capacity rate with AirBNB. Create income traditionally or through AirBNB, the contemporary options and the long term hold strategies are profitable. The income potential is very attractive with an immediate opportunity to increase rent roll. Germantown Philadelphia has been a best kept secret for generations but is quickly being exposed to national interest. Philadelphia+GGs tremendous value compared to other major cities in the Northeast corridor is apparent and the new wave of the remote workplace is steadily increasing awareness of the city+GGs potential. Germantown Philadelphia is the crown jewel. This is the time to invest in Germantown as evidenced in the endless construction boom underway now. This property offers easy access to the culture of Center City, Mount Airy and Chestnut Hill. Investment in this triplex will surely pay dividends for years to come.