Fantastic Investment or Owner-Occupant Opportunity! Don't miss this well-maintained triplex in the thriving West Powelton neighborhood, offering a combination of existing rental income and flexibility for an owner-occupant or investor. The property features three units with a total of eight bedrooms. The spacious bi-level four-bedroom, two-bath unit includes a kitchen,… Read More two living areas, and a private patio. The second and third floors each feature an updated two-bedroom, one-bath apartment. One of the three units is currently vacant, providing an excellent opportunity for an owner-occupant to live in one unit while generating rental income from the other two, or for an investor to lease all three units and maximize the property's income potential. Each apartment features hardwood and ceramic tile flooring, modern kitchens with gas stoves, in-unit washers and dryers, and individual heating and central air conditioning. Recent improvements include newer HVAC systems in Units A, B, and C, vinyl siding, a new water service line, a new dishwasher in Unit A, and a new range and microwave in Unit C. Ideally located in West Powelton, the property is just minutes from the University City Science Center, Drexel University, and the University of Pennsylvania, as well as numerous dining, coffee, and entertainment options. Multiple SEPTA transportation options provide convenient access throughout the city, while Center City is less than ten minutes away by car or bicycle. Whether you're looking for an income-producing investment, an owner-occupied property with rental income to offset your housing costs, or an opportunity to lease all three units, this versatile triplex offers an attractive combination of location, functionality, and upside potential. Read Less
Courtesy of Jordan B Wiener, Compass Pennsylvania, LLC 610-822-3356
Listing Snapshot
Days Online
0
Last Updated
Property Type
Triplex
Square Ft.
3,732
Lot Size
0.03 Acres
Year Built
2009
MLS Number
PAPH2675564
Additional Details
Basement
Full, Fully Finished
Building
Built in 2009, Living area: 3732, Construction Materials: Brick Front, Vinyl Siding
Cooling
Central A/C
Accessibility Features
None
Expenses
Insurance: $2,087, Maintenance: $1,835, Pest Control: $475, Other Expense: $1,008
Floors
Hardwood
Foundation
Concrete Perimeter
Heating
Forced Air
Income
Gross Income: $65,988, Net Operating Income: $50,615
Lot
0.03 acres, Dimensions: 17.00 x 92.00
Property
Very Good, Other structures: Above Grade, Below Grade
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