Exceptional Turnkey Triplex in Olde Kensington – A High-Yield Investment in One of Philadelphia’s Fastest-Growing Neighborhoods
Positioned along the thriving Germantown Avenue corridor, 1633 Germantown Avenue presents a rare opportunity to acquire a fully renovated triplex in the heart of Olde Kensington—one of Philadelphia’s most dynamic and rapidly appreciating neighborhoods. Whether you’re looking to expand your investment portfolio, or secure a long-term asset in a high-growth location, this property delivers immediate income potential and lasting value.
The building features three beautifully updated 2-bedroom, 1-bath residences, each occupying an entire floor and offering privacy, spacious layouts, and modern finishes that attract quality tenants. Thoughtfully renovated throughout, every unit showcases open-concept living and dining spaces, hardwood flooring, recessed lighting, oversized windows, and contemporary kitchens equipped with stainless steel appliances. Large bedrooms, generous closet space, and abundant natural light create an appealing living experience. The top-floor residence is further enhanced by soaring vaulted ceilings, adding architectural character rarely found in multifamily properties.
Designed for efficient ownership and maximum profitability, each apartment is equipped with its own dedicated HVAC system featuring central air and gas heat, while all utilities (except water) are separately metered—significantly reducing operating expenses and simplifying property management.
Investors will appreciate the property’s location within one of Philadelphia’s most active redevelopment corridors, surrounded by new construction, luxury townhomes, boutique apartment projects, and continued commercial investment. Demand for well-appointed rental housing remains exceptionally strong, supported by proximity to major employment centers, universities, and some of the city’s most desirable neighborhoods.
Just minutes from Fishtown, Northern Liberties, Temple University, and Center City, residents enjoy convenient access to the Market-Frankford Line, SEPTA bus routes, Indego Bike Share, neighborhood parks, acclaimed restaurants, breweries, coffee shops, and everyday conveniences. This unmatched connectivity continues to drive tenant demand and long-term appreciation throughout the area.
Whether you’re seeking immediate cash flow, future appreciation, or a strategic owner-occupant investment, 1633 Germantown Avenue represents a compelling opportunity to own a fully renovated, income-producing asset in one of Philadelphia’s most sought-after growth markets.
Schedule your private tour today and discover the potential this exceptional property has to offer.
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Listing Snapshot
Price
$775,000
Days On Site
101 Days
Bedrooms
6
Inside Area (SqFt)
2,339 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.02 Acres
Year Built
1915
MLS® Number
PAPH2637066
Status
Active
Property Tax
$4,059
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
React
Invite
Recent Activity
2 weeks ago
Price changed to $775,000
2 weeks ago
Listing updated with changes from the MLS®
3 months ago
Status changed to Active
3 months ago
Listing first seen on site
General Features
Acres
0.02
Parking
None
Property Sub Type
Triplex
Sewer
Septic TankPublic Sewer
Special Circumstances
Standard
SqFt Above
2339
SqFt Total
2339
Style
ContemporaryStraight ThruOther
Water Source
Public
Zoning
RM1
Interior Features
Appliances
Electric Water Heater
Basement
Other
Cooling
Central AirElectric
Heating
Natural GasForced Air
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Exterior Features
Pool Features
None
Community Features
MLS Area
19122 (19122)
School District
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of BHHS Fox & Roach-Center City Walnut