188 Green Lane Philadelphia, PA $ 550,000
188 Green Lane
$ 550,000
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188 Green Lane

Philadelphia, PA, 19127
$ 550,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 3,799

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Multi-Family Home for sale in Philadelphia, PA

for $550,000 with 5 bedrooms. This home was built in 1900 on a lot size of 0.1.

7.3% Projected Cap Rate! Stop what you are doing and schedule a tour of this rarely offered turnkey porch-front triplex steps from bustling Main Street in Manayunk. Finding tenants in this red hot high demand area will never be an issue, especially with all of the updates this property has! All three units in this building have updated kitchens, the decks have been updated with durable composite decking, all three water heaters were installed in 2026 and the top floor unit has a newly updated bathroom. The first floor unit is a 2-bedroom, 1 bathroom with a private side deck (projected $1700/mo rent). The second floor is a 2-bedroom, 1 bathroom unit with a private deck (projected $1700/mo rent) and the third floor is a 1 bedroom, 1 bathroom (projected $1100/mo rent). In-unit washers and dryers. All units are currently occupied. The basement is massive and unfinished with private side access via locking bilco doors and could be rented to a local business for storage for even more cash flow. Out back is a large fenced yard. A creative owner could utilize this space for even more cash flow. There are two parking lots next to the property. The current owner rents 3 spaces (not deeded or included in the sale) and there is a potential option to pick up renting these spaces for renting to future tenants to maintain the high renter-appeal of the property. Located steps from Main Street, close to regional rail, and around the corner from I-76 access, this property offers it all for an unbeatable price! This property also presents a great house hack opportunity for a new investor to live in one unit while renting out two covering a large sum of their mortgage!

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Multi-Family Active

Price

$ 550,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 7,862

Style

Traditional

Lot Size

0.1

Year Built

1900

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2669626

Features
General
Living Area 3072
Sewer Public Sewer
Heating Hot Water
Cooling Window Unit(s)
Possession Immediate
Zoning RSA5
Architectural Style Traditional
Construction Materials Masonry
School District PHILADELPHIA CITY
Year Built 1900
Property Subtype Triplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility 2+ Access Exits
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions heading south on green land property is on the right
City PHILADELPHIA
Number Of Units Total 3
MLS Area 19127 (19127)
Lot Size Units Square Feet
Lot Size Square Feet 4230.00
Tax Annual Amount 7862.0
Two Bedroom 2
Structure Type Detached
Price Per Sq Ft Total AG 179.04
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 174
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Interior
Heating Fuel Natural Gas
Basement Unfinished
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Permanent
Water View Y/N N
Lot Size Acres 0.10
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 112340.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 188
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* Excluded Features
List By
Bhhs Fox & Roach-Center City Walnut

Broker

edward.pachell@foxroach.com

Email

Affordability Calculator

$4,454
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,799
Monthly Property Taxes
$655
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4835660 Elementary School
4835659 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/11/2026$550,000 Listed Price

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188 Green Lane, Philadelphia, PA, 19127 is a Multi-Family Home for sale at $550,000 with a lot size of 0.1. 188 Green Lane has 5 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 19127 which is in Philadelphia, PA