Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1920
Sq.Footage
2,072
Located in the vibrant University City neighborhood, this turnkey multifamily property offers an incredible opportunity for both investors and owner-occupants. Just steps from Drexel University, Penn, and major hospitals, it’s in one of Philadelphia’s most desirable and consistently growing rental markets. Unit 1 is a spacious 2-bedroom, 1-bathroom apartment currently rented for $1,600/month. It features an updated kitchen and bathroom, along with exclusive access to a large private backyard, perfect for outdoor relaxation and entertaining. Unit 2 is a bi-level 3-bedroom, 2-bathroom residence currently rented for $2,200/month. The open-concept living and dining areas flow seamlessly to a private balcony through sliding glass doors, creating an airy and inviting space. The oversized primary bedroom is located on the main floor, while the upper level offers two additional bedrooms and a full bath. Original architectural details add to the property’s charm and character. With consistent rental history and zero vacancy, this property is exceptionally easy to lease thanks to its prime location near universities, hospitals, and cultural institutions. Whether you’re seeking a reliable cash-flowing investment or planning to live in one unit and rent out the other, this property is a rare find in Powelton Village.
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Above Grade Finished Area
2072.0
-
Cooling YN
YES
-
Cooling
Ductless, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Other
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
None
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.04
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Other
Price
-
Sales Price
$549,000
-
Tax Amount
6128.0
-
Sq. Footage
2, 072
-
Price/SqFt
$264
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Tax Lot
196
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Reda B Akbil , Compass Pennsylvania, LLC
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Owner, President, Investment Property Advisor
TheresaKehler
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