3,168 Sqft Lot
3,168 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision University City
MLS Listing ID PAPH2599222
Year Built 2023
Available Date 2026-03-30
Annual Tax Amount $2,500
Tax Year 2026
Lot Size 3,168 Sqft
Acres 0.07
Lot Dimensions 20.00 x 158.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
THIS RARE INVESTMENT PROPERTY IS BUILT BY ONE OF PHILADELPHIA'S PREMIER BUILDERS. ALL UNITS ARE RENTED, MAKING THIS A TRUE TURN-KEY INVESTMENT.
THIS BEAUTIFUL PROPERTY OFFERS 7 LUXURY UNITS AS FOLLOWS:
UNIT #1 – 2 BEDS & 2 BATHS
UNIT #2 – 2 BEDS & 2 BATHS
UNIT #3 – 3 BEDS & 2 BATHS
UNIT #4 – 2 BEDS, 1 BATH & BALCONY
UNIT #5 – 3 BEDS & 2 BATHS
UNIT #6 – 3 BEDS, 3 BATHS & BALCONY
UNIT #7 – 5 BEDS & 4 BATHS
THIS MASSIVE COMPLEX STANDS OUT FOR ITS AMENITIES, PRIME LOCATION, AND STRONG RENTAL MARKET, WITHIN WALKING DISTANCE TO THE UNIVERSITY OF PENNSYLVANIA AND DREXEL UNIVERSITY.
THE PROPERTY IS FULLY OCCUPIED AND STABILIZED, GENERATING APPROXIMATELY $13,000 IN MONTHLY RENT.
THE PROPERTY BENEFITS FROM A FULLY APPROVED 10-YEAR TAX ABATEMENT, WITH 7 YEARS REMAINING.
DON'T FORGET — THIS NEIGHBORHOOD IS ALSO AN IDEAL LOCATION FOR SHORT-TERM RENTALS SUCH AS AIRBNB.
ALL UNITS FEATURE BEAUTIFULLY APPOINTED KITCHENS WITH CUSTOM SHAKER CABINETRY, DESIGNED FOR BOTH STYLE AND FUNCTIONALITY.
ADDITIONALLY, THE PROPERTY IS LOCATED IN AN OPPORTUNITY ZONE, MAKING IT A STRONG AND STRATEGIC LONG-TERM INVESTMENT.
THE LOCATION IS WALKABLE TO WORLD-CLASS INSTITUTIONS, INCLUDING DREXEL UNIVERSITY AND THE UNIVERSITY OF PENNSYLVANIA, AND IS PART OF A RAPIDLY EXPANDING SUBMARKET DRIVEN BY HEALTHCARE, BUSINESS, AND EDUCATION (EDS & MEDS).
SIGNIFICANT DEVELOPMENT IS UNDERWAY WEST OF THE SCHUYLKILL RIVER, INCLUDING PROJECTS SUCH AS SCHUYLKILL YARDS, THE SCIENCE CENTER, CIRA CENTRE SOUTH, AND THE PLATINUM CORRIDOR. TENS OF MILLIONS OF SQUARE FEET ARE BEING DEVELOPED NEARBY, INCLUDING BIOMEDICAL, OFFICE, MULTIFAMILY, LAB, MEDICAL, EDUCATIONAL, RESEARCH, AND RETAIL SPACES.
WHAT MORE COULD YOU ASK FOR?
JUST MAKE YOUR MOVE
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RM-1
Interior
Hot Water 60+ Gallon Tank
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District The School District Of Philadelphia
Others
Tax ID 061049100
Ownership Fee Simple
Special Listing Condition Standard
Virtual Tour https://alcovevideo.com/4021-haverford-ave
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