4600 Wayne Ave, PHILADELPHIA, PA 19144

Investor Alert – Prime legally zoned with active rental licenses Triplex in Germantown with Value-Add Potential! Welcome to 4600 Wayne Avenue, a well-maintained triplex nestled in the heart of historic Germantown, Philadelphia. This income-generating property offers immediate cash flow and significant upside for savvy investors or owner-occupants. The building sits on an exceptionally large lot for the neighborhood. The spacious first-floor unit features exclusive access to a full basement, perfect for additional storage or future expansion. A detached garage and off-street parking add convenience and appeal for tenants—rare finds in this neighborhood. Current monthly gross rent is $3,195, with Unit 1 renting for $1,210, Unit 2 for $1,005, and Unit 3 for $950. All units are certified lead safe, and the property has been attentively maintained, ensuring minimal headaches for the next owner. With some strategic updates, there’s excellent potential to increase rents and overall value. … read more …