BEDS2
BATHS1 full
SQUARE FEET1,290
MLS#PAPH2684238
STATUSACTIVE
PROPERTY TYPEResidential - Townhouse
SUBDIVISIONUNIVERSITY CITY
SCHOOLPHILADELPHIA CITY
Property Description
We are pleased to present a turnkey, fully leased investment opportunity in the highly desirable University City section of Philadelphia on a cul de sac street. This purpose-built young professional housing building comprises of 1 unit with 2 bedrooms and 1 bathroom. Currently generating about $1,850 in monthly rental income with low expenses and maintenance, this investment boasts a 5.7% cap rate. This property has always been 100% leased with 0% vacancy and is leased until the end of the school year 2027. This property has primarily attracted grad students from both Drexel and UPenn, medical staff and young professionals working in the local hospitals. The building has been impeccably maintained, and everything is up to date. The generously sized units feature high-end finishes, including a premium kitchen and bathroom fixtures. These attributes make the properties highly competitive compared to nearby options, ensuring that it will be easy to rent for years to come. Additional amenities include in-unit laundry, high ceilings, large closets, luxury vinyl flooring, quartz countertops with stainless steel appliances, rooftop decks with skyline views, outdoor backyards, roof deck and more. This investment represents a tremendous opportunity to acquire strong-performing, never-vacant, and low-maintenance asset in a well-known, walkable, and bike-friendly neighborhood experiencing significant growth and expansion with major projects underway featuring over 33 million square feet of lab, residential, institutional, office, and public space in the pipeline at major developments like uCity Square and Schuylkill Yards, plus individual projects throughout the district.(ask us for more details on this). Conveniently located within walking distance to world-class universities, medical facilities, 30th Street Station, and the Art Museum, these properties also offer easy access to local highways. The Owner and Manager had built this property and maintained it to keep for many years.
Property Features
Property Type: Residential - Townhouse
Basement: Yes
Basement: Fully Finished
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Central
Home Style: Contemporary
Lot Size: 0.02 Acres
Roof Type: Rubber
Stories: 2.0
Taxes: $3,442
Year Built: 1930
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven - Single, Refrigerator, Washer, Water Heater, Stove
Electric: 120/240V
Exterior: Brick, Brick Front
Flooring: Hardwood
Lot Dimensions: 0.02 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
SQFT Above Finished: 940
SQFT Below Finished: 350
SQFT Total Finished: 1290
Structure Type: Interior Row/Townhouse
Utilities: Electric Available, Water Available, Natural Gas Available
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: Main Line Executive Realty
Agency Phone: 6106582920
Shown By
Agent Name: Caitlin Hughes
Agent Phone: Cell: (717) 371-5560
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 953.90 per month $589.78 Principal & Interest $286.83 Property Tax $77.29 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
4225 Filbert Street | MLS# PAPH2684238
This townhouse located at 4225 Filbert Street , Philadelphia, PA 19104 is currently listed for sale with an asking price of $265,000. This property was built in 1930 and has 2 bedrooms and 1 full baths with 1290 sq. ft. Filbert Street is located in the UNIVERSITY CITY subdivision within the PHILADELPHIA CITY school district. Search UNIVERSITY CITY real estate on caitlinhughes.homesale.com today.