6,930 SqFt
6,930 SqFt
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,930 sqft
Price per Sqft $252
MLS Listing ID PAPH2489268
Style Other
Abv Grd Liv Area 6,930
Year Built 2018
Available Date 2025-06-03
Annual Tax Amount $1,937
Tax Year 2024
Lot Size 2,500 Sqft
Acres 0.06
Lot Dimensions 25.00 x 100.00
Property Sub-Type Other
Source BRIGHT
Property Description
This property primarily attract students from Drexel University and the University of Pennsylvania, as well as medical staff and young professionals. Constructed just 5 years ago, the building has been implacably maintained , up-to-date, with 5 years remaining on their property TAX ABATEMENT.
The generously sized units feature high-end finishes, including a 1 BED TO 1 BATH RATIO and premium kitchen and bathroom fixtures. These attributes make the properties highly competitive compared to nearby student housing options, ensuring they remain easy to rent for years to come.
Additional amenities include in-unit laundry, video surveillance entrances, sprinklered fire systems, high ceilings, large closets, luxury vinyl flooring, quartz countertops with stainless steel appliances, rooftop decks with skyline views, outdoor backyards, and more.
This University City Student Housing 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 me 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.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RM1
Interior
Hot Water Natural Gas
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 881818708
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
