211 N 63rd is a rent ready 5 unit multifamily building offering immediate income potential in West Philadelphia’s Cobbs Creek/Haddington corridor. The property features two 2 bedroom 1 bath units and three 1 bedroom 1 bath units. For investors seeking a traditional multifamily model, the property also offers a long-term rental pro forma of approximately $5,900 per month. With no long-term leases to assume, the next owner has flexibility from day one. The building has been thoughtfully updated with a new roof, updated mechanical systems, updated kitchens and bathrooms, and design-forward common areas. The units are fully furnished and rent-ready or the property can be delivered vacant and empty. There is also a 225' deep lot which allows potential development to add additional units, subject to buyer verification of zoning and approvals. The property offers convenient access to Center City, Philadelphia airport, University City, Drexel, Penn, CHOP, and surrounding employment and education hubs. Available individually or as part of a package with 207 N 63rd Street, a 7-unit property listed separately. Tours by appointment with 48 hours notice.
Listing courtesy of KW Empower. Contact: vicki@kwempower.com