Rare Investment Opportunity in Red-Hot Olde Kensington - Fully Renovated Triplex Welcome to 1633 Germantown Avenue - a fully renovated, turnkey triplex in the heart of Olde Kensington, one of Philadelphia's fastest-growing and most in-demand neighborhoods. Whether you're an investor seeking strong rental income or a savvy buyer looking to… Read More live in one unit and rent out the others, this property checks every box. This 3-story building features three fully remodeled 2-bedroom, 1-bath units, each occupying an entire floor. Every unit boasts spacious open-concept living/dining areas, hardwood floors, modern recessed lighting, and stylish kitchens with stainless steel appliances. Large closets, generous layouts, and great natural light give each unit an inviting and livable feel. The top-floor unit features dramatic vaulted ceilings in the living area for added character and charm. Each apartment includes its own dedicated HVAC system (central air and gas heat), and utilities are separately metered - maximizing long-term cash flow and minimizing landlord costs. This is a high-performing rental location with strong comps and low days on market. Similar 2-bed, 1-bath units nearby are leasing quickly and at top dollar. The neighborhood is surrounded by new construction, boutique developments, and booming commercial growth - making this an ideal time to invest. Just steps from Fishtown, Northern Liberties, Temple University, and the vibrant Girard Avenue corridor, the location offers easy access to public transit (MFL, trolley, buses), Indego Bike Share, restaurants, parks, and everyday conveniences. Don't miss your chance to own a prime piece of real estate in one of Philly's most explosive growth zones. Schedule your showing today. Read Less
Courtesy of Kevin Wilkins, BHHS Fox & Roach-Center City Walnut [email protected]
Listing Snapshot
Days Online
24
Last Updated
Property Type
Townhouse
Square Ft.
2,339
Lot Size
0.02 Acres
Year Built
1915
MLS Number
PAPH2486392
Additional Details
Building
2,339 sqft living area, Built in 1915, Major renovation in 2025, Structure Type: Interior Row/Townhouse, 3 units in building, Contemporary, Straight Thru, Masonry
Cooling
Central Air, Electric, Central A/C, Ceiling Fan(s)
Floors
Hardwood, Tile/Brick
Heating
Natural Gas, Forced Air
Lot
1,009 sqft, Lot Size Dimensions: 17.50 x 58.00, 0.02 acres
Property
Other Structures: Above Grade, Below Grade, Other Units: Unit 1, Unit 2, Unit 3, 3 two-bedroom units
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