46 E Washington Lane
Philadelphia, PA 19144
- – beds
- – baths
- 2,680 sqft
- 2,207 sqft lot
- $145 per sqft
- 1900 build
This updated triplex offers a fantastic opportunity for homeowners or investors. The upgraded first-floor unit features 2 bedrooms, 1 bathroom, stainless steel appliances, a finished basement, and private fenced outdoor patio. Move in with 20% down, rent out the other two units (potential income of $2,200/month), and live practically mortgage-free. Enjoy financial stability, peace of mind, and a stress-free living situation. Alternatively, rent out all three units for a potential income of $3,800/month! Completely remodeled in 2011, the property boasts inviting layouts in all three units. A lush front porch overlooks flowering trees and greenery. Unit 2 has 2 bedrooms, 1 bathroom, a flexible front room (living room or bedroom), and an eat-in kitchen. Unit 3 features an open feel with 1 bedroom, 1 bathroom, and the original front bedroom converted into additional living space. Separate electric meters offer individual control and billing, buyer is responsible for zoning verification. Invest and reap the benefits, or enjoy living in historic Germantown, close to shopping, public transit, and Philadelphia's parks, trails, and forests. This triplex could be the perfect fit for you!
Listing courtesy of BRIGHT / Elfant Wissahickon-Rittenhouse Square
Last checked:
Checking…
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Last updated Jun 12, 2024
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MLS# PAPH2356106 —
The Building
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Year Built:1900
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Year Built Source:Assessor
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Year Major Reno/Remodel:2011
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New Construction:No
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Construction Materials:Stone
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Structure Type:Twin/Semi-Detached
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Architectural Style:Other
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Historic:No
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Building Units Total:3
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Roof:Shingle
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Accessibility Features:None
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Foundation Details:Stone
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Basement:Yes
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Basement Type:Full, Fully Finished
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Total SqFt Source:Estimated
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Total Below Grade SqFt:600
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Total Below Grade SqFt Source:Estimated
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Tax Total Finished SqFt:2080
Interior
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Interior Features:Ceiling Fan(s), Window Treatments
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Flooring Type:Wood
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2680
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Living Area SqFt:2,680 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA
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Possession:Settlement
Location
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Directions:Germantown Avenue to Washington Lane
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Cross Street:GERMANTOWN AVE
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Latitude:40.04410172
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Longitude:-75.17964172
The Property
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Property Type:Multi-Family
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Property Subtype:Triplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.05
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Lot Size Source:Assessor
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Lot Size Dimensions:20.00 x 108.00
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Lot Dimensions Source:Assessor
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Lot SqFt:2,207 Sqft
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Inclusions:Washers, dryers, refrigerators in as-is condition
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Zoning:RSA3
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Zoning Description:Property has been used as a triplex since the current owner purchased it, with a rental license. Seller cannot guarantee zoning.
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:N50
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Riparian Rights:No
Listing Agent
- Contact info:
- Office phone:
- (215) 893-9920
Taxes
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Tax ID Number:592135300
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Tax Year:2022
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Tax Lot:23
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Tax Annual Amount:$2,942
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Tax Assessed Value:$210,200
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Year Assessed:2023
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School Tax:1614.0
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City/Town Tax:1327.00
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Total Taxes Payment Frequency:Annually
The Listing
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Buyer's Brokerage Compensation:3%
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Buyer Agency Comp Type:% Of Gross
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Buyer Agency Comp Selection:Percent
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Hot Water
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Electric Service:200+ Amp Service
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Hot Water:Electric
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Water Source:Public
Schools
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Elementary School:Theodore Roosevelt
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Middle School:Theodore Roosevelt
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High School:KING MARTIN LUTHER
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Subdivision Name:Germantown
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Pool:No Pool
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Association Recreation Fee:No
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Transportation:Bus Stop less than 1 mile, Commuter Rail Station less than 1 mile
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Other Units:Unit 1,Unit 2,Unit 3
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Vacation Rental:No
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Units Furnished:None
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One Bedroom Units:1
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Two Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/6/24
Jun 6, 2024
|
Pending | BRIGHT | $390,000 | |
5/23/24
May 23, 2024
|
Listed / Active | BRIGHT | $390,000 |