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Patrick Coen

pdcoen@gmail.com +1(703) 201-4440

Listed by Kevin Murphy • Main Line Executive Realty

$ 265,000

Est. payment | -/mo

2 Beds

1 Bath

1,290 SqFt

Save

$ 265,000

Est. payment | -/mo

Save

2 Beds

1 Bath

1,290 SqFt

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,290 sqft

Price per Sqft $205

Subdivision University City

MLS Listing ID PAPH2684238

Style Contemporary

Bedrooms 2

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 940

Year Built 1930

Annual Tax Amount $3,442

Tax Year 2026

Lot Size 787 Sqft

Acres 0.02

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

We are pleased to present a turnkey, fully leased investment opportunity in the highly desirable University City section of Philadelphia on a cul de sac street. This purpose-built young professional housing building comprises of 1 unit with 2 bedrooms and 1 bathroom. Currently generating about $1,850 in monthly rental income with low expenses and maintenance, this investment boasts a 5.7% cap rate. This property has always been 100% leased with 0% vacancy and is leased until the end of the school year 2027. This property has primarily attracted grad students from both Drexel and UPenn, medical staff and young professionals working in the local hospitals. The building has been impeccably maintained, and everything is up to date. The generously sized units feature high-end finishes, including a premium kitchen and bathroom fixtures. These attributes make the properties highly competitive compared to nearby options, ensuring that it will be easy to rent for years to come. Additional amenities include in-unit laundry, high ceilings, large closets, luxury vinyl flooring, quartz countertops with stainless steel appliances, rooftop decks with skyline views, outdoor backyards, roof deck and more. This investment represents a tremendous opportunity to acquire strong-performing, never-vacant, and low-maintenance asset in a well-known, walkable, and bike-friendly neighborhood experiencing significant growth and expansion with major projects underway featuring over 33 million square feet of lab, residential, institutional, office, and public space in the pipeline at major developments like uCity Square and Schuylkill Yards, plus individual projects throughout the district.(ask us for more details on this). Conveniently located within walking distance to world-class universities, medical facilities, 30th Street Station, and the Art Museum, these properties also offer easy access to local highways.
The Owner and Manager had built this property and maintained it to keep for many years.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RSA5

Rooms

Basement Fully Finished

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Flooring Hardwood

Equipment Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven - Single, Refrigerator, Washer, Water Heater, Stove

Appliance Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven - Single, Refrigerator, Washer, Water Heater, Stove

Heat Source Natural Gas

Laundry Washer In Unit, Dryer In Unit

Exterior

Utilities Available Electric Available, Water Available, Natural Gas Available

Water Access N

Roof Type Rubber

Accessibility None

Garage N

Private Pool No

Building

Story 2

Foundation Stone

Above Ground Finished SqFt 940

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Senior Community No

Tax ID 061010500

Ownership Fee Simple

SqFt Source 1290

Security Features Smoke Detector,Carbon Monoxide Detector(s)

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(703) 201-4440

pdcoen@gmail.com

GET MORE INFORMATION

4225 FILBERT ST Philadelphia, PA 19104