BETSI CAREY

Description

Welcome to 113 W Queen Lane, a handsome and well-maintained triplex in the heart of Germantown’s historic Penn Knox neighborhood. Fully renovated in 2020, this twin spans three stories and offers one thoughtfully updated residential unit per floor, each with its own character and charm. Whether you’re an investor seeking a reliable turnkey asset (active rental license) or an owner-occupant looking to offset your mortgage with rental income (conventional loans available with as little as 5% down!), this property is a standout opportunity. The first floor unit is a spacious two-bedroom apartment with a private entrance, soaring ceilings, and oversized windows that flood the space with natural light. The original fireplace mantle adds a touch of historic elegance to the main living area, while the large kitchen has been fully updated with granite countertops, white shaker cabinets, and stainless steel appliances. Both bedrooms are generously sized, and the bathroom has been tastefully renovated. A tucked-away laundry nook adds convenience, and the layout offers ample space for storage and everyday living. Upstairs, the second floor unit features two bedrooms and a welcoming, light-filled living space accented by large windows and historic charm. The open-concept kitchen is equipped with granite counters and modern appliances. The third floor unit occupies the top floor and boasts vaulted ceilings and skylights in one of the bedrooms and a layout that maximizes both space and light. The updated kitchen/bathroom blend style with functionality and the bedrooms are spacious and bright, making this unit especially appealing to renters seeking a unique space. Each unit has its own in-unit washer and dryer, updated kitchen and bath, and central air or mini-splits. Fire alarm was installed during renovation in 2020. Located just steps from the Queen Lane Regional Rail station, the property offers easy access to Center City and is conveniently close to local shops, parks, and the Wissahickon trails. This property offers long-term flexibility and excellent income potential in one of Northwest Philadelphia’s most vibrant and rapidly appreciating neighborhoods.

Features