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Investor Alert! 5 unit building in University City, in the Squirrel Hill section, with active rental license/zoning. All separate utilities except hot/cold water. Many renovations, including 4 newer kitchens with appliances and 5 newer baths, 3/8" vinyl flooring in units and some new plumbing and electric, all redone in 2022. Two heat forced air furnaces and all electric baseboard heat replaced in 2024/25. All units have A/C with either C/A or mini-splits and one window unit. Laundry in basement. Three 1BR/1BA, one 1BR/1BA w/office and one studio. Four occupied units and one vacant unit, just listed on 3/17 after some renovations. Total current and projected annual revenue of $64,980. Units currently rented below market valule due to mostly winter leases, providing future upside. Great value-add opportunity with garage parking and potential room for paid parking in rear. Garage marketed as-is. Convenient to Penn, Drexel and Univerity of the Sciences. # 13 trolley stops in front of building and a commuter train is one block away.
DAYS ON MARKET | 6 | LAST UPDATED | 4/7/2025 |
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YEAR BUILT | 1900 | COMMUNITY | 19143 (19143) |
COUNTY | PHILADELPHIA | STATUS | Active |
PROPERTY TYPE(S) | Commercial |
School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
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ADDITIONAL DETAILS | |
AIR | Central Air, Ductless, Electric |
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AIR CONDITIONING | Yes |
APPLIANCES | Gas Water Heater |
AREA | 19143 (19143) |
GARAGE | Yes |
HEAT | Baseboard, Electric, Forced Air, Natural Gas |
LOT | 4792 sq ft |
LOT DIMENSIONS | 35.00 x 135.00 |
PARKING | Garage, Driveway |
SEWER | Public Sewer |
TAXES | 6664 |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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