Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
N/A
Prime Five-Unit Corner Apartment Building in the Heart of Graduate Hospital, Center City Philadelphia Now available for the first time in over 30 years, this exceptional five-unit corner property is located at 20th and Clymer Streets, right in the center of the highly desirable Graduate Hospital area of Center City Philadelphia. Each apartment offers separate utilities (except hot and cold water), and the building generates approximately $72,000 in gross annual income. While the building could benefit from some updates, its true value lies in the hard-to-find existing five-unit rental license and unbeatable location. Graduate Hospital is celebrated for its vibrant community, outstanding walkability, and proximity to premier restaurants, shops, parks, and major institutions. Property Highlights: • Corner lot with outstanding visibility • Five apartments, each with separate utilities (except hot and cold water) • Steady rental income in a high-demand neighborhood • Value in existing five-unit rental license • Walk Score: 97 — Walker’s Paradise • Transit Score: 100 — Rider’s Paradise • Bike Score: 85 — Very Bikeable (approximate based on neighborhood) Located just steps from all that Center City has to offer, including Rittenhouse Square and the University of Pennsylvania, this is a rare investment opportunity in one of Philadelphia’s most walkable and transit-accessible neighborhoods. Additional property features include vinyl, double-pane insulated windows; gas boilers in four of the five apartments; and a coin-operated washer and dryer. Half of the roof was replaced two years ago, and the entire exterior has been freshly painted. All units are equipped with air conditioning. The apartments are compact—between 325 and 475 sq. ft. each—designed for single occupancy, resulting in less wear and tear on the building. Many units have been updated with engineered wood flooring.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall Unit(s), Electric
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air, Radiant
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
None
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.02
-
Property Type
Commercial Sale
Price
-
Sales Price
$799,500
-
Tax Amount
6747.0
-
Zoning
Five rental units
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Stone
-
Sewer
Public Sewer
-
Tax Lot
24
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Richard B Moore , Best City Homes Inc
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.