New Listing
300 W Coulter St,PHILADELPHIA, PA 19144
PHILADELPHIA, PA 19144
Description
Excellent investment opportunity in the West Germantown neighborhood of Philadelphia. This property features four units plus 2-car garages that can be separately rented, which consists of three updated 1-bedroom/1-bath units and one spacious 2-bedroom unit. The interiors have been updated with modern finishes, creating attractive and functional living spaces for tenants. The property also offers a basement area that was previously leased as a gym, providing additional potential for an owner or investor. Separate utilities add convenience for property management and help simplify operating expenses. Three of the four residential units are currently leased and professionally managed by Otter Property Management. Unit 1R is leased from April 28, 2026, through April 27, 2027, at $825 per month, generating $9,900 in annual rental income. Unit 2 is leased from May 1, 2026, through April 30, 2027, at $900 per month, generating $10,800 annually. Unit 3 is leased from April 11, 2026, through April 10, 2027, at $900 per month, generating $10,800 annually. The three leased units provide a combined scheduled rental income of $2,625 per month, or $31,500 annually, offering an investor immediate rental income with established leases and professional property management. Located just three blocks from the Queen Lane Regional Rail Station, the property offers convenient access to Center City, public transportation, and major roadways. It is also less than one mile from Drexel University College of Medicine and Philadelphia University, placing the property near major educational institutions, employment centers, shopping, dining, and neighborhood amenities. This property presents a strong opportunity for an investor seeking to add a well-located multifamily property to their portfolio. The property is being sold AS IS. Schedule your showing today!
Details
| MLS # | PAPH2687288 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1900 |
| Days On Site | 1 |
| Listing Provided By | LPT Realty, LLC | Maria Maria Quattrone Quattrone |
Features
| SQ Feet | 3,642 |
|---|---|
| Garage | 2 |
| Basement | Y |
| Story(s) | 3 |
| Units | 4 |
| Zoning | RSA5 |
| Acreage | 0.05 |
| Property View | Street |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Steam |
Exterior
| Exterior Features | Sidewalks, Street Lights |
|---|---|
| Construction Materials | Masonry |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Rented/Permit Required |
Taxes
| Tax Annual Amount | 6888 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19144 |
| Area | 19144 (19144) |
| Community Name | GERMANTOWN (WEST) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in GERMANTOWN (WEST)) | |
Price: $400,000 low | high Med: $152,500 sqft: 3,642 low | high Med: 1,130 $ / sqft: $110 low | high Med: $136 On site: 1 low | high Med: 416.5 | |
Market Activity 19144
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19144 |
| Area | 19144 (19144) |
| Community Name | GERMANTOWN (WEST) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in GERMANTOWN (WEST)) | |
Price: $400,000 low | high Med: $152,500 sqft: 3,642 low | high Med: 1,130 $ / sqft: $110 low | high Med: $136 On site: 1 low | high Med: 416.5 | |
