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ActivePhiladelphia, PA, 19104
Welcome to 3627 Powelton Ave, located in the heart of University City within 10 minutes of walking distance from Drexel University. The property has 5 units, including 4 one bedroom and 1 two bedrooms apartment, which are all fully occupied. Total gross rental income is $70,000.00/year because of long term tenants with opportunity to upgrade from $80,000.00-90,000.00 with little cosmetics. Offering a capitalization rate of over 6% in one of the most attractive areas of University City, makes this multi-family property, a great asset to be added to your real estate portofolio. All negotiation and showing requests are handled through the listing agent, and seller will be very generous to the buyer’s agent who brings the right offer to the table. Property sold in as-is condition! Want to get more details, reach out and make this University City gem yours today!
Listed by: Nelson Sinanaj, Realty ONE Group Focus
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