Triplex with front porch and rear yard. Rare University City Single in Prime PAS Catchment Location. Beautiful character and excellent light. Central air and separated utilities. Updated electric. Newer Roofing. Fully occupied now but under-rented. Tenants’ lease structures offer maximum buyer flexibility. Eclectic, quirky character so perfect for an owner occupant and/or easy to rent. Legally zoned for five units and currently configured for three. Ideal for an owner occupant looking for an awesome owners’ unit and rental income.
The 1st floor is a spacious 1BR with high ceilings and tons of character. Central air. Separate utilities and systems. Nice rear yard. Currently rented through July 31st and then M2M with 90-day notice after that. Long-time tenant paying $1,100 month. Projected rent for $1,750-$1,900.
2nd floor—Incredibly sunny and loads of character. 2BR + family room and an awesome, enclosed sun patio, 1.5 bath bi-level apartment. Central Air (currently combined with Jr 1BR but easily separated). Also the option to utilize the rear yard from this unit instead of the 1st floor as there is direct access from the side gate. Currently rented at $1,900 (Tenant can be flexible with move-out). Projected rent for $2,500-$2,750.
3rd floor—Really nice Jr 1BR with awesome light. Maintain this unit as a separate residence or readily combine it with the 2nd floor bi-level to create a stellar 3BR (or 2BR + family room)/2.5 bath with sunroom! The systems and utilities are already combined for these two units. M2M tenant pays $1,000. Projected rent as-is $1,100-$1,200.
A superb home in an ideal location. Easy walk to Clark Park and its fabulous Farmers' Market, Knockbox Cafe, ReAnimator Coffee, Baltimore Avenue's Restaurant Row (so many places to eat), Penn Alexander Catchment School, Clarkville, Green Line, TacoTaco Mexican, Local 44 and the Bottle Shop, CVS, and so many coffee shops, restaurants, and shopping. Close to HUP, CHOP, Penn, Drexel, St Joe’s Science Campus. 10 minutes to Center City by car or bike and plenty of convenient SEPTA options. OFFERS PRESENTED MONDAY (3/4) AT NOON
Property Type :
Multi-Family
Subdivision :
University City
County :
PHILADELPHIA
Style :
Multi-Family
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ByOwner last updated this listing 06/03/2024 @ 07:36
MLS: PAPH2322320
LISTED BY: Jeffrey Block , Compass Pennsylvania, LLC
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
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.
