This Germantown triplex offers a total rent potential between $2,045 and $2,750/month, based on nearby floor comps and broader Philadelphia rental trends. With three rental licenses nearly ready, projected annual revenue runs $24.5K–$33K. At the recent sale price of $288K, the estimated payback period is roughly 8.7–11.7 years. The neighborhood’s steady demand and population influx support occupancy, but Philly rents are plateauing, so pricing must be sharp. Features like a new roof and proximity to transit boost appeal, though competition and tenant negotiation are current challenges.
To maximize rental income, consider finishing any outstanding licensing and updating common areas for curb appeal—fresh paint, lighting, and minor kitchen/bath upgrades can move the needle. If selling, highlight the transferable roof warranty, triplex setup, and proximity to Wayne Junction. Emphasize the turnkey nature and strong rent comps to attract both owner-occupants and investors. Keeping rents competitive with incentives or flexible lease terms may help reduce vacancy risk in a softening market.