Sale Notes – 5911 Greene Street, Philadelphia, PA 19144
Exceptional opportunity to acquire a legal 4-unit multifamily property with 3 garage bays in Philadelphia’s rapidly growing West Germantown neighborhood. With projected gross income of approximately $6,000/month at full occupancy—including rental income from the garage bays—this asset offers strong current and future cash flow.
One residential unit and one garage bay are currently vacant, creating an ideal setup for an owner-occupant to live in the property while generating rental income from the other three units and two leased garage spaces. Alternatively, investors can fill the vacant unit and garage bay to bring the building to full cash-producing potential. All four units are 1 bed, 1 bath with varied, flexible layouts; some may support conversion to 2-bedroom units for additional upside.
The property has been consistently maintained by the current owner and has no deferred maintenance. Located just steps from Germantown Avenue—one of Philadelphia’s strongest commercial corridors—5911 Greene sits in the path of continued growth and development flowing from Mt. Airy and East Falls. Public transit access is excellent via the Chestnut Hill West regional rail line and multiple bus routes. Tenants are also minutes from Wissahickon Valley Park, shops, cafés, and neighborhood staples like Ultimo Coffee and A&N Produce.
This is a rare chance to acquire a turnkey legal 4-unit in a high-demand rental pocket, with strong fundamentals, appreciating neighborhood trends, and multiple paths to value. Ideal for investors seeking cash flow and appreciation, or owner-occupants looking to house-hack in one of Northwest Philadelphia’s most dynamic communities.