Marino Polidori
This listing was posted on RealtyWW.
$695,000
N St St, Philadelphia, Home For Sale
Price:
$695,000
BR/BA:
9 BR, 4 BA
Location:
332 N 41st St, Philadelphia, PA
Description:
Exceptional investment opportunity in the booming West Powelton neighborhood of University City, located in a Qualified Opportunity Zone (QOZ). This property is just minutes from Drexel University, the University of Pennsylvania, and the University of the Sciences, offering prime access to one of Philadelphias most vibrant areas. Nestled on a quiet street, yet steps from public transit and University City amenities, this property boasts outstanding walk, transit, and bike scores (Walk Score: 85, Transit Score: 89, Bike Score: 99). This 11-year-old, well-maintained, ground-up construction triplex features hardwood floors, in-unit laundry, stainless steel appliances, and large windows for natural light. Each unit has separate utilities (tenants pay except for water). The kitchens are equipped with shaker-style cabinets, granite countertops, dishwashers, garbage disposals, microwaves, and refrigerators. The building consists of: Unit 1: 5-bedroom, 2-bath bilevel with a private yard, Unit 2: 2-bedroom, 1-bath with a private rear deck, Unit 3: 2-bedroom, 1-bath with a private roof deck This fully occupied property has a solid rental history since its inception, providing immediate income for the buyer. With rents currently below market value, there is significant potential for rent increases and added value. The property is also positioned near several major development projects, including 3.0 University Place, Schuylkill Yards, uCity Square, and the Science Center, making it a strategic long-term investment. This turnkey asset is ideal for both investors and owner-occupants. The property falls under the FHA limit for four-unit buildings and qualifies for Fannie Mae/Freddie Macs new 5% down owner-occupied multifamily program. With strong appreciation and rental growth prospects, this is a rare opportunity in a high-demand area. Licensed PA salesperson with ownership interest.For more details: https://realtyww.info/homes_philadelphia-d523146/for-sale_i77154684
Property Type:
Single-Family Houses
Amenities:
Dishwasher, Patio/Deck, Refrigerator, Wood Floors
Posted:
October 23 on RealtyWW
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More About this Listing: N St St, Philadelphia, Home For Sale
N St St, Philadelphia, Home For Sale is a 9 Bedroom 4.5 Bath Single-Family Homes for Sale at 332 N 41st St in Philadelphia PA. Find other listings like N St St, Philadelphia, Home For Sale and listings near 332 N 41st St by searching Oodle Classifieds for 9 Bedroom 4.5 Bath Single-Family Homes for Sale in Philadelphia PA.
N St St, Philadelphia, Home For Sale is a 9 Bedroom 4.5 Bath Single-Family Homes for Sale at 332 N 41st St in Philadelphia PA. Find other listings like N St St, Philadelphia, Home For Sale and listings near 332 N 41st St by searching Oodle Classifieds for 9 Bedroom 4.5 Bath Single-Family Homes for Sale in Philadelphia PA.