- 5,075 sqft
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Property Description
Outstanding investment opportunity in University City. This fully renovated four-unit building, completed in 2022/2023, offers a rare combination of modern finishes, strong rental appeal, and prime location near Drexel University and UPenn. The property features three spacious 2-bedroom, 2-bathroom apartments and one 3-bedroom, 2-bathroom apartment, each equipped with in-unit washer/dryer and contemporary design throughout. Unit 2 enjoys private access to a rear yard, Unit 3 includes its own balcony, and Unit 4 boasts a private roof deck with city views-unique amenities that maximize rental demand. With stylish kitchens, updated baths, and thoughtful layouts, the building has been meticulously maintained and designed to attract quality tenants. This is a turn-key, income-producing property in one of Philadelphia's most desirable rental markets, ideal for both seasoned investors and those looking to expand their portfolio. Inspect and make a serious offer! Annual Rent Roll: $101,340 Annual Operating Expenses: $9,500
The School District Of Philadelphia
Property Highlights
- Sewer: Public
- Water: City Water
- Fireplace Description: Electric
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