222 W Winona St, Philadelphia, PA 19144

Property Description

This three-story Victorian twin is located on a quiet, tree-lined block in historic West Germantown and presents an excellent opportunity for both investors and owner-occupants. The property is currently arranged as four rental units and combines historic charm with steady income potential. Buyers are encouraged to perform their own due diligence regarding zoning and use. The first floor is divided into two apartments. The front space includes a full bathroom, a combined kitchen and living area with a wood-burning fireplace, and direct access to the finished basement via a spiral staircase. The basement level offers a family room, office area, an additional full bathroom, and the utility room. This apartment also connects to the shared laundry room, which is accessible from the rear of the property, and is currently rented for $1,200 per month. The rear apartment features one bedroom, a kitchen, living room, full bathroom, and its own laundry with private side entrance. It is also rented at $1,200 per month on a month-to-month lease to a long-term tenant. The second floor is occupied by a one-bedroom plus an office, and one-bathroom unit leased at $1,245 per month through October 31, 2025. The third floor contains another one-bedroom, one-bathroom apartment leased at $1,015 per month through April 30, 2026. Current rental income totals $3,660 per month, or $43,920 annually, with the owner supplying all utilities. Recent updates include a brand-new main roof installed in May 2025. Additional exterior features include a front porch, side yard, and backyard that provide outdoor space for tenants to enjoy. The property offers a desirable location close to shopping, restaurants, parks, and public transportation. It is also convenient to Penn Charter, Germantown Friends, Green Street Friends, Drexel’s medical campus, and Philadelphia University. The neighborhood is known for its community involvement, with regular gatherings and communication among residents. This income-producing property offers both historic appeal and strong rental potential in West Germantown. Schedule your showing today.