Welcome to this 2500+ square foot, legally zoned, original six-unit apartment building in University City, one of Philly's fastest growing neighborhoods. A rare opportunity, this well-maintained property needs upgrades but still offers incredible income potential with its three large, bright one bedroom and three cozy efficiency units in a walkable, bikeable location near area universities, public transportation, schools and shopping. Five of the six units are occupied with under market rents and month-to-month leases. Rents will be consideraly higher with some capital improvements. One unit is vacant and in need of full rehab. Tenants pay cooking gas and electric (separately metered). Landlord pays water, hot water and heat. Brand new water heater was recently installed and boiler was updated only ten years ago. Rent roll available upon request. View it, run the numbers and make an offer.
Electric Available, Natural Gas Available
THE SCHOOL DISTRICT OF PHILADELPHIA
Perfect Place Real Estate Co..
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Listing information last updated on April 26th, 2019 at 6:30am EDT.