Description
We are pleased to present a turnkey, fully leased investment opportunity in the highly desirable university city/drexel and mantua section of philadelphia. this purpose-built student housing building comprises 6 units with a total of 20 bedrooms and bathrooms, offering a diverse mix of 3 and 4-bedroom units. currently generating about $15,000 in monthly rental income with low expenses and maintenance, this investment boasts a 7.9% cap rate. this property has always been 100% leased and has already been leased for the next academic year 2025-2026.
this property primarily attract students from drexel university and the university of pennsylvania, as well as medical staff and young professionals. constructed just 5 years ago, the building has been implacably maintained , up-to-date, with 5 years remaining on their property tax abatement.
the generously sized units feature high-end finishes, including a 1 bed to 1 bath ratio and premium kitchen and bathroom fixtures. these attributes make the properties highly competitive compared to nearby student housing options, ensuring they remain easy to rent for years to come.
additional amenities include in-unit laundry, video surveillance entrances, sprinklered fire systems, high ceilings, large closets, luxury vinyl flooring, quartz countertops with stainless steel appliances, rooftop decks with skyline views, outdoor backyards, and more.
this university city student housing 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 me 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.
Property Type
Multi-FamilyCounty
PHILADELPHIAStyle
OtherAD ID
50036097
Sell a home like this and save $104,501 Find Out How
Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Heating & Cooling
- Cooling: Central A/C
- Heating: Central,90% Forced Air
- Cooling Fuel: Natural Gas
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 2018
- Structure: Other
- New Construction: No
- Total Units: 1
- Built: 2018
- Construction Material: Masonry
- Architecture: Other
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 2,500
- Dimensions: 25.00 x 100.00
- Lot Size (Acres): 0.06
- Architectural Style: Other
- Main Square Feet: 2,500
Property Information
- SQ ft: 6,930
- SQ ft (Living Area): 6,930
- Total Lot SQ ft: 2,500
- Financing: Cash,Conventional
- Appx. Lot Dimensions: 25.00 x 100.00
- Total Acreage: 0.06
- New Construction: No
- Type: Other
-
Listing Information
Listing Information
- Possession: 0-30 Days CD,120-180 Days
- Days Of Market: 1
-
Taxes / Assessments
Tax Information
- Annual Tax: $1,937
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- 0-30 Days CD,120-180 Days
Assessment Information
- Taxes Assessment Amount: $138,420
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: None
Multi-Unit Information
- Acceptable Financing: Cash,Conventional
Homeowners Association Information
- Direction: Haveford ave
-
School, Utilities & Location Details
School Information
- School District: PHILADELPHIA CITY
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Natural Gas
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
Location Information
- Direction: Haveford ave
Statistics Bottom Ads 2

Sidebar Ads 1

Learn More about this Property
Sidebar Ads 2

Sidebar Ads 2

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2025 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.
BuyOwner last updated this listing 06/05/2025 @ 23:09
- MLS: PAPH2489268
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 6,930 sqft, 2,500 sized lot, and 0 parking. are nearby neighborhoods.