Description

OWNER-INVESTOR OPPORTUNITY: Victorian Triplex in the Heart of Manayunk
Tenant-occupied and truly turnkey -This charming Victorian triplex presents a strong investment opportunity in one of Philadelphia’s most desirable neighborhoods. The property consists of three units: two 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, each featuring wood flooring throughout and ceramic tile bathrooms.
Tenants enjoy on-site laundry located in the basement at no charge, along with shared storage space. The property also includes one off-street parking space (currently assigned to the third-floor unit but flexible with future lease changes). Additional highlights include separate utilities, central A/C, a newer washer, and a long-standing history of stable rental income, making this a low-maintenance, income-producing asset.
Situated on a corner lot, the building showcases classic Victorian character with modern conveniences, including a beautiful vestibule with original tile work, a wrap-around front porch, a wrought-iron railing and a hard-wired fire alarm system.
Located in the heart of Manayunk, the property is steps from dining, shopping, nightlife, public transportation, and the canal path. Convenient access to Center City (10–15 minutes) and King of Prussia (approximately 20 minutes).
All units are fully leased on month-to-month terms, offering immediate cash flow and flexibility for future rent adjustments. First Floor will be vacant on April 15. Consistently rented since 1993.
________________________________________
Income
Total Monthly Income: $4,555
________________________________________
Unit Breakdown
• 1st Floor: Private entrance with porch, eat-in kitchen, spacious living room, 2 Bed / 1 Bath
Currently rented month-to-month at $1,695 - tenant will be moving out on April 15, 2026
• 2nd Floor: 1 Bed / 1 Bath, fully renovated in 2009
Currently rented month-to-month at $1,525
• 3rd Floor: 2 Bed / 1 Bath, fully renovated in 2009, includes off-street parking
Currently rented month-to-month at $1,335 (below market)
• Third-floor units are occupied by long-standing, reliable tenants.
________________________________________
Additional Information:
Landlord pays approximately $100 per month for gas and electric, which covers exterior lighting, common areas, and the basement.
Landlord pays approximately $100 per month for water.
Tenants pay their own gas and electric for their individual units.
Second and third floors were fully renovated in 2009.
50-gallon water heater installed in 2023.
Three Carrier furnaces (two from 2009 and one from 2008).
Three central air units (one installed in 2018, two installed in 2009).
Hard-wired fire alarm system and emergency lighting, recently serviced September 2025.
Newer washing machine.