5911 Greene Street

Description

Welcome to 5911 Greene Street in beautiful Historic Germantown! A well maintained Second Empire Victorian c. 1900, currently used as a cash flowing, fully occupied quadraplex including 3 car garage with a roughly 8% cap rate, full of original character and tall ceilings with modern upgrades that currently generates $68,000/yr.Upon arrival you will notice a gorgeous Wissahickon Schist exterior typical for the neighborhood at the time it was built, mansard roof, ornate woodwork, along with front and side porch, long driveway with 3 car garage and plenty of extra parking in the back. Enter through the front door to the foyer and hallway leading to two apartments on the first floor, with basement access through hallway. Front apartment is a one bedroom with tall ceilings, pocket doors, plaster trim and a gorgeous built in amour. Head back to the first floor rear apartment with access to a cute side porch, and it's own back door access. 2nd floor apartment is spacious and light filled, occupying the whole 2nd floor. On the 3rd floor is our fourth and final apartment, occupying the whole floor, with original amore, huge living room, with kitchen, bathroom and bedroom to the back. Full basement has storage lockers for tenants, separate utilities and water heaters for each unit. Additionally is a fully rented and electrified 3 car garage with both level 1 and 2 EV charging. Make your appointment today for this one of a kind, fully rented workhorse of an investment property in a great neighborhood with room to grow.