Welcome to this large and well maintained home in the highly desirable Powelton village. The first floor features a large open living and dining space, high ceilings, fire place and a bright kitchen with exposed brick that leads into an outdoor deck.
The second and third floor share 6 bedrooms and 2 full bathrooms. The basement is very large and offers plenty of storage. Some notable features include a front porch for additional outdoor space, bedroom fireplace, original woodwork, large bay windows allowing tons of natural light. This home is perfect for a growing family but also the ideal investment in the heart of the fast growing and appreciating university city area. This home is currently rented for $3,800 per month. House normally rents for $4250 to $4500/mo. Current tenants have been there 2 years: at $4500/mo year 1 and a reduced negotiated rate of $3800/mo (for staying an extra year - no turn over expense and a concession for window repairs - for year 2 which ends 8/23/24)
House is in Qualified Opportunity Zone (QOZ) and there is also potential to convert this property into two units by right.
This home is located in a great neighborhood with brand new elementary and middle school, also within walking distance to Upenn, Drexel, Hospitals and just blocks from Septa and Amtrak. Close proximity to many restaurants, coffee shops and parks makes this home ideal to any buyer. Schedule your private tour today!
Property Type :
Residential
Subdivision :
Powelton Village
County :
PHILADELPHIA
Style :
Residential
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ByOwner last updated this listing 04/29/2024 @ 15:44
MLS: PAPH2291774
LISTED BY: Reda B Akbil , Compass Pennsylvania, LLC
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
