Philadelphia, PA 19104,3907 HAVERFORD AVE
Philadelphia, PA 19104,3907 HAVERFORD AVE
Philadelphia, PA 19104,3907 HAVERFORD AVE
Philadelphia, PA 19104,3907 HAVERFORD AVE
Philadelphia, PA 19104,3907 HAVERFORD AVE
Philadelphia, PA 19104,3907 HAVERFORD AVE
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Listed by Ryan J McManus • Keller Williams Liberty Place
$ 1,400,000
Est. payment | /mo

1,501 Sqft Lot


Save
$ 1,400,000
Est. payment | /mo
Save

1,501 Sqft Lot

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision University City

MLS Listing ID PAPH2546020

Year Built 2022

Annual Tax Amount $871

Tax Year 2025

Lot Size 1,501 Sqft

Acres 0.03

Lot Dimensions 19.00 x 79.00

Property Sub-Type Other

Source BRIGHT

Property Description

Introducing 3907 Haverford Avenue, a turnkey newly constructed apartment building in University City, Philadelphia — the highest-growth submarket in the city. Surrounded by the "eds and meds" economy with Drexel, Penn, Chop, Hup, Science Center, Schuylkill Yards and more nearby, providing a powerhouse engine for rental demand with highly skilled/educated workers in abundance — insulating multifamily rental demand in the surrounding community. The ±4040 SF, 3-storey redbrick property is composed of four (4) 1bd x 1ba units, one (1) 2bd x 2.5ba unit and one (1) 3bd x 3ba unit. The stylish residences feature a contemporary blend of cabinetry, stone, appliances and tile work, with designer-inspired lighting and plumbing fixtures. Washer/dryer combos in each unit for added convenience. Resilient LVP flooring throughout. High-powered mini-split heating/cooling systems. Soaring ceilings and ample natural light provide comfortability in each apartment. 6.75% Cap Rate. Buy into University City's real estate market for just $233K per unit where extremely high barriers-to-entry exist in this Top-10 USA MSA. FULL 10 yr tax abatement through 2031. Minimal OPEX and above-average rent growth. Enquire within for financials.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Central

Cooling Ductless/Mini-Split

Flooring Luxury Vinyl Plank

Heat Source Natural Gas

Exterior

Water Access N

View City

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 881000266

Ownership Fee Simple

Security Features Exterior Cameras

Special Listing Condition Standard

Bright MLS (BMLS)
Reamie Tabin

+1(757) 828-8035

reamie.tabin@exprealty.com

780 Lynnhaven Pkwy # 370, Beach, VA, 23452

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3907 HAVERFORD AVE