Investment opportunity in thriving University City! Positive cash flow with great rental history. Currently tenant occupied. Take advantage of the continual flow of great rental prospects from the nearby universities and hospitals. Drexel, University of Pennsylvania and CHOP. Undergrad and grad students as well as medical professionals and university employees. 3-story, end-unit row home with 4 bedrooms and 2 full bathrooms. Views of the Philadelphia Museum of Art from your front door step! Enter the light-filled living/dining area with hardwood floors and open full kitchen with island. A door from the kitchen leads to a small back yard with patio. The 2nd floor has 3 bedrooms and a full hall bathroom. The 3rd floor has a private bedroom with large walk-in closet and a full bathroom. Easy access to public transportation, including 30th Street Station. Easy walk to center city and the Art Museum. Updated Electrical, HVAC and Plumbing. Central Air! New AC Unit 2017, New Water Heater 2014, New Sewer Line 2015. Current Tenants pay $2, 300 / month. Current rental rate is below market value. Current tenants lease ends 8/31/18. New Lease could easily yield a higher rental rate $2, 500+ / month. Very reasonable taxes!
Named for three major learning centers, the University of Pennsylvania, University of the Sciences and Drexel University, University City is also home to world-class hospitals (Hospital of the University of Pennsylvania and Children’s Hospital of Philadelphia) and scientific and medical research centers – it just might be the brainiest area in Philadelphia. Of late, the neighborhood has also...
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Data last updated: 01/18/2019.
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