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ActivePhiladelphia, PA, 19146
Fantastic Investment Opportunity in Graduate Hospital! Welcome to 2017 Catharine Street, a well-maintained triplex in one of Philadelphia’s most desirable neighborhoods. This property offers a blend of modern upgrades and value-add potential, perfect for both investors and owner-occupants. All three units are one bedroom, one bathroom units with private outdoor balcony spaces. The first floor unit has had minor upgrades but will be ready for a full renovation when the long-term tenant moves out. The second-floor unit has been fully renovated and is rent-ready, showcasing a fresh, modern interior. The third floor unit has seen partial renovations, offering a strong foundation with room for future improvements to maximize returns. The first and second floor units are rented through mid-2026 and the 3rd floor unit can be delivered vacant or occupied depending on buyer preferences. Inquire for rent roll information. Major systems and structural elements have been thoughtfully updated. The roof was replaced within the last 7 years and most recently resurfaced just last year, ensuring peace of mind for years to come. Additionally, all HVAC systems are new within the past few years, providing efficient heating and cooling across all units. The systems get serviced every 6 months. Located on a tree-lined block in Graduate Hospital, this triplex is steps from restaurants, cafés, parks, and easy access to Center City. Whether you’re seeking stable rental income or envisioning a long-term investment with upside, this property checks all the boxes.
Listed by: Joe Sutow, OCF Realty LLC - Philadelphia
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