229 N 65th St, Philadelphia, PA 19139
- $475,000
- 5,000
- SqFt
- List Price
- $475,000
- Price Change
- ▼ $50,000 1783053351
- Days on Market
- 81
- Status
- ACTIVE
- MLS#
- PAPH2640954
- Living Area
- 5,000
- Lot Size (Acres)
- 0.11
- Style
- Colonial
- Year Built
- 1925
- County
- Philadelphia
- School District
- Philadelphia City
Property Description
Exceptional income-producing quadplex located just minutes from the University of Pennsylvania and the heart of University City. This investment opportunity features four residential units, including three renovated 1-bedroom, 1-bath apartments that have historically leased for $1,200–$1,500 per month, and a spacious 3-bedroom, 3.5-bath unit that was leased for $2,400 per month. Three of the four units have been updated, while the remaining unit offers value-add potential through renovation. The property also includes a large detached garage that generated an additional $1,200 per month in rental income. With a total monthly income potential of approximately $7,200–$7,400, this property presents an outstanding opportunity for investors seeking strong cash flow in one of Philadelphia's most desirable rental markets, close to major universities, hospitals, public transportation, and neighborhood amenities.
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Additional Information
- Area
- 19139 (19139)
- Taxes
- $2910
- School District
- Philadelphia City
- Garage
- Yes
- Garage Spaces
- 1
- Heating
- Forced Air
- Heating Fuel
- Natural Gas
- Cooling
- Wall Unit
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Yes
Mortgage Calculator
Listing courtesy of BHHS Fox & Roach-Center City Walnut. Contact: (215) 627-6005