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723 E Church Ln, 
Philadelphia, PA 19144

$895,000


8

Beds


Bath


8,485

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Maria Maria Quattrone Quattrone

RE/MAX @ Home

Last updated:

June 17, 2025, 01:29 PM

MLS#

PAPH2482438

Source:

BRIGHTMLS

About This Home

723 E Church Ln

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!

Home Facts

Multi-Family

8 Bedrooms

Built in 1925

Price Summary

895,000

$105 per Sq. Ft.

MLS #:

PAPH2482438

Last Updated:

June 17, 2025, 01:29 PM

Added:

20 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8


Structure

Structure

Architectural Style:

French

Building Area:

8,485 Sq. Ft.

Year Built:

1925


Lot

Lot Size (Sq. Ft):

22,651


Finances & Disclosures

Finances

Price:

$895,000

Price per Sq. Ft:

$105 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

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