223 S 45th St, Philadelphia, PA 19104

$1,075,000

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List Price
$1,075,000
Price Change
▼ $124,995 1787778391
Days on Market
121
Status
ACTIVE
MLS#
PAPH2620030
Lot Size (Acres)
0.05
Year Built
1935
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

223 S. 45th Street offers investors the opportunity to acquire a well-located asset in Philadelphia’s highly desirable University City submarket. Situated in the Spruce Hill neighborhood, the property benefits from immediate proximity to the University of Pennsylvania and Drexel University, driving consistent rental demand from students, faculty, and young professionals. Fully occupied with 5-units including (1) studio/1 bathroom, (2) 1 bedroom/1 bathroom; (1) 2 bedroom/2 bathroom); and (1) 3 bedroom/3 bathroom. Investment highlights include: University City location with durable rental demand; Walkable to parks, retail, and dining amenities; Strong transit connectivity to Center City and major employment hubs; and Stable cash flow and long-term appreciation in one of Philadelphia’s most resilient rental markets.

Additional Information

Area
19143 (19143)
Taxes
$5053
School District
The School District Of Philadelphia
Heating
Forced Air, Heat Pump(s)
Heating Fuel
Electric
Cooling
Central A/C
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of JG Real Estate LLC. Contact: (215) 467-4100