542 E Johnson St, Philadelphia, PA 19144

Welcome to this great investment opportunity!!! Beautiful corner triplex, located in the blossoming Germantown/Mt Airy neighborhood. Just a few blocks away from the cobblestoned streets of historic Germantown Avenue with its boutique shops, restaurants, coffee shops, and entertainment. This semi-detached triplex boasts two 2BR/1BA (1st & 2nd floor) units and a 1BR/1BA unit on the 3rd floor. Each well-maintained unit includes spacious living areas and bedrooms, full eat-in kitchens, and ample closet/storage space throughout. Surrounded by a large raised well-kept fenced in front, side, and rear yard on a corner lot. The 1st floor apartment has its own access to the rear yard. Steps away from public transportation via SEPTA bus or rail lines, also just minutes away from 2 subway stations. With a community park directly across the street and a community recreation center just 3 blocks away, this property can accommodate anyone’s or family's lifestyle. Separate gas and electric meters for each unit, tenants are responsible for payment of these utilities. Owner is responsible for water utility payment. 1st and 2nd floor apartments are currently occupied with month-to-month leases. Rental comps in area have monthly rents of $1150 - $1400 2BR/1BA and $900 - $1100 1BR/1BA. The occupied units are currently renting well below comps. Property will be sold in as is condition. All property tours MUST have a licensed agent present. Please do not approach or disturb the tenants in the 1st and 2nd floor units. A licensed agent can schedule a separate tour of the occupied units on the specified days and times, these showings will require the listing agent or owner to be present.