Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
N/A
Investor Alert! 5 unit building in University City, in the Squirrel Hill section, with active rental license/zoning. All separate utilities except hot/cold water. Many renovations, including 4 newer kitchens with appliances and 5 newer baths, 3/8" vinyl flooring in units and some new plumbing and electric, all redone in 2022. Two heat forced air furnaces and all electric baseboard heat replaced in 2024/25. All units have A/C with either C/A or mini-splits and one window unit. Laundry in basement. Three 1BR/1BA, one 1BR/1BA w/office and one studio. Building is currrently fully leased with a total current annual revenue of $64,260.00. Units currently rented below market valule due to mostly winter leases, providing future upside. Great value-add opportunity with garage parking and potential room for paid parking in rear. Garage marketed as-is. Convenient to Penn, Drexel and Univerity of the Sciences. # 13 trolley stops in front of building and a commuter train is one block away.
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
0.11
-
Property Type
Commercial Sale
Exterior
-
Garage
No
-
Parking
Garage, Driveway
Financial
-
Sales Price
$669,000
-
Tax Amount
6664.0
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Abram Haupt , Elfant Wissahickon-Chestnut Hill
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Owner, President, Investment Property Advisor
TheresaKehler
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