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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. Building is currrently fully leased with a total current annual revenue of $64,980. Third floor tenant to move in 5/10/25. 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.
Property Type(s):
Commercial
| Last Updated | 4/7/2025 | Year Built | 1900 |
|---|---|---|---|
| Community | 19143 (19143) | County | PHILADELPHIA |
SCHOOLS
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
Additional Details
| AIR | Central Air, Ductless, Electric |
|---|---|
| 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 |
Location
Listing provided by Elfant Wissahickon-Chestnut Hill
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Data last updated: 4/16/25 3:13 PM PDT
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