Exceptional income-producing quadplex located just minutes from the University of Pennsylvania and the heart of University City. This investment opportunity features four residential units, including three renovated 1-bedroom, 1-bath apartments that have historically leased for $1,200-$1,500 per month, and a spacious 3-bedroom, 3.5-bath unit that was leased for $2,400 per month. Three of the four units have been updated, while the remaining unit offers value-add potential through renovation. The property also includes a large detached garage that generated an additional $1,200 per month in rental income. With a total monthly income potential of approximately $7,200-$7,400, this property presents an outstanding opportunity for investors seeking strong cash flow in one of Philadelphia's most desirable rental markets, close to major universities, hospitals, public transportation, and neighborhood amenities.
| MLS # | PAPH2640954 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1925 |
| Days On Site | 120 |
| Listing Provided By | BHHS Fox & Roach-Center City Walnut | Varda Yosef |
| SQ Feet | 5,000 |
|---|---|
| Garage | 1 |
| Basement | Y |
| Units | 3 |
| Zoning | RSA3 |
| Acreage | 0.11 |
| Cooling | Wall Unit |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Construction Materials | Masonry |
|---|---|
| Foundation Details | Concrete Perimeter |
| Garage Yes / No | Yes |
|---|
| Tax Annual Amount | 2910 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19139 |
| Area | 19139 (19139) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19139) | |
Price: $475,000 low | high Med: $165,000 sqft: 5,000 low | high Med: 3,605 $ / sqft: $95 low | high Med: $46 On site: 120 low | high Med: 28 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19139 |
| Area | 19139 (19139) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19139) | |
Price: $475,000 low | high Med: $165,000 sqft: 5,000 low | high Med: 3,605 $ / sqft: $95 low | high Med: $46 On site: 120 low | high Med: 28 | |