Skip main navigation
For sale
  • $895,000

    723 E Church Ln, Philadelphia, PA 19144

    8beds
    --baths
    8,485sqft
    : 
    Quadruplex
    Built in 1925
    -- sqft lot
    $-- Zestimate®
    $105/sqft
    $-- HOA

    What's special

    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!
    74 days
    on Zillow
    |
    88
    |
    5
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 04, 2025 at 05:08am

    Listed by:

    Maria Quattrone 215-607-3523,

    RE/MAX @ HOME 2156073535,

    Listing Team: Maria Quattrone & Associates

    Source: Bright MLS,MLS#: PAPH2482438MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 723 E Church Ln.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Natural Gas
    Appliances
    • Included: Gas Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 8,485
    • Total interior livable area: 8,485 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Driveway, Off Street, On Street, Parking Lot
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Approach with Ramp
    Features
    • Exterior features: Sidewalks, Street Lights
    • Pool features: None
    • Has view: Yes
    • View description: Street
    Lot
    • Size: 0.52 Acres
    • Dimensions: 100.00 x 226.00
    • Features: Front Yard, SideYard(s), Urban
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 122044100
    • Zoning: RSA1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: French
    • Property subtype: Quadruplex
    Materials
    • Masonry
    • Foundation: Other
    Condition
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Germantown (east)
    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Financial & listing details

    • Price per square foot: $105/sqft
    • Tax assessed value: $283,200
    • Annual tax amount: $3,964
    • Date on market: 5/28/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 99600
    • Loading
    • Loading