1633 Germantown Ave,PHILADELPHIA, PA 19122
PHILADELPHIA, PA 19122
Description
Exceptional Turnkey Triplex in Olde Kensington - A High-Yield Investment in One of Philadelphia's Fastest-Growing Neighborhoods Positioned along the thriving Germantown Avenue corridor, 1633 Germantown Avenue presents a rare opportunity to acquire a fully renovated triplex in the heart of Olde Kensington-one of Philadelphia's most dynamic and rapidly appreciating neighborhoods. Whether you're looking to expand your investment portfolio, or secure a long-term asset in a high-growth location, this property delivers immediate income potential and lasting value. The building features three beautifully updated 2-bedroom, 1-bath residences, each occupying an entire floor and offering privacy, spacious layouts, and modern finishes that attract quality tenants. Thoughtfully renovated throughout, every unit showcases open-concept living and dining spaces, hardwood flooring, recessed lighting, oversized windows, and contemporary kitchens equipped with stainless steel appliances. Large bedrooms, generous closet space, and abundant natural light create an appealing living experience. The top-floor residence is further enhanced by soaring vaulted ceilings, adding architectural character rarely found in multifamily properties. Designed for efficient ownership and maximum profitability, each apartment is equipped with its own dedicated HVAC system featuring central air and gas heat, while all utilities (except water) are separately metered-significantly reducing operating expenses and simplifying property management. Investors will appreciate the property's location within one of Philadelphia's most active redevelopment corridors, surrounded by new construction, luxury townhomes, boutique apartment projects, and continued commercial investment. Demand for well-appointed rental housing remains exceptionally strong, supported by proximity to major employment centers, universities, and some of the city's most desirable neighborhoods. Just minutes from Fishtown, Northern Liberties, Temple University, and Center City, residents enjoy convenient access to the Market-Frankford Line, SEPTA bus routes, Indego Bike Share, neighborhood parks, acclaimed restaurants, breweries, coffee shops, and everyday conveniences. This unmatched connectivity continues to drive tenant demand and long-term appreciation throughout the area. Whether you're seeking immediate cash flow, future appreciation, or a strategic owner-occupant investment, 1633 Germantown Avenue represents a compelling opportunity to own a fully renovated, income-producing asset in one of Philadelphia's most sought-after growth markets. Schedule your private tour today and discover the potential this exceptional property has to offer.
Details
| MLS # | PAPH2637066 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1915 |
| Days On Site | 117 |
| Listing Provided By | BHHS Fox & Roach-Center City Walnut | Kevin R Wilkins |
Features
| SQ Feet | 2,339 |
|---|---|
| Basement | Y |
| Units | 3 |
| Zoning | RM1 |
| Acreage | 0.02 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
Exterior
| Construction Materials | Masonry |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 4059 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19122 |
| Area | 19122 (19122) |
| Community Name | OLDE KENSINGTON |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in OLDE KENSINGTON) | |
Price: $775,000 low | high Med: $250,000 sqft: 2,339 low | high Med: 1,102 $ / sqft: $331 low | high Med: $229 On site: 117 low | high Med: 90 | |
Market Activity 19122
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19122 |
| Area | 19122 (19122) |
| Community Name | OLDE KENSINGTON |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in OLDE KENSINGTON) | |
Price: $775,000 low | high Med: $250,000 sqft: 2,339 low | high Med: 1,102 $ / sqft: $331 low | high Med: $229 On site: 117 low | high Med: 90 | |
