Description:

KW Commercial is pleased to present this beautiful and well maintained 8 Unit Multifamily Investment Property in the University City/Powelton Village neighborhood of Philadelphia. The property is 100% occupied with a mix of students and professionals. The unit mix consists of four (4) 2 bedroom/1 bath, two (2) 1 bedroom/1 bath, and two (2) Studio units. There is upside by increasing current rents to market rent (up to $14,000/year). Offering even more immediate upside is the Fully Approved "By-Right" addition of four (4) 2 bedroom/1 bath units to be constructed onto the rear of the building adding approximately another 4,000 SF.
Fully Occupied 8 Unit Multifamily in University City
Under Market Rents - NOI upside potential $14,000/year
Fully Approved to Build Four (4) 2 bedroom/1 bath Units on Property
Property Location is walker's paradise with access to major retail
40th St Station (Market-Frankford Line) only 2 blocks away
100% Occupied with mix of students and professionals

Presented by:

Carl  Adams,  e-Pro, GRI

Director

(215) 803-8507

(215) 803-8507

Click here to email

Listed by:

Crownstone Investment Group