MLS® ID: PAPH509984

4052 BARING STREET

PHILADELPHIA, Pennsylvania, 19104

$835,000 Active
  • 11 Beds
  • 4 Baths
  • - SQFT
Triplex student housing apartment building in University City. Walking distance to Drexel University and University of Pennsylvania. Unit A has 5 bedrooms 2 bathrooms. Unit B has 3 bedrooms 1 bathroom. Unit C has 3 bedroom 1 bathroom. The whole building is fully furnished. All tenants are Drexel and U Penn students. Currently 100% occupied to the end of July or August, 2019. Monthly rent $5925. This building has been always 100% rented since it was built in 2013. 10 years tax abatement to the year of 2024. At the current asking price, the net CAP rate is about 7.6%. This is a great investment opportunity in University City market! Call or text at 215-360-7811 to make appointment.
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Listing courtesy of Liberty Real Estate

Amenities

  • Full baths
    4
  • Half baths
    0
  • Full Baths Range
    4+ Baths
  • Total Baths
    4
  • Zip
    19104
  • Office name
    Liberty Real Estate
  • Subdivision
    WEST POWELTON
  • SQFT
    0
  • Bedrooms
    11
  • Property type
    End of Row/Townhouse
  • Zoning type
    RSA5
  • Year built
    2013
  • Lot size
    0.03
  • Sewer
    Public Sewer
  • Heating
    Central
  • Agent name
    PHILLIP ZHAO
  • Purchase Type
    Active
  • Price Range
    $800k-$900k
  • Square Feet Range
    < 1000 sq ft.
  • Bedrooms Range
    11 Beds
  • Year Built Range
    After 2010
  • Office ID
    LBRTYRE
  • Agent ID
    3279390

Location

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