MLS® ID: PAPH685460
5131 HAZEL AVENUE
PHILADELPHIA, Pennsylvania, 19143 $399,000
Active Under Contract
Welcome to this 2500+ square foot, legally zoned, original six-unit apartment building in University City, one of Philly's fastest growing neighborhoods. A rare opportunity, this well-maintained property needs upgrades but still offers incredible income potential with its three large, bright one bedroom and three cozy efficiency units in a walkable, bikeable location near area universities, public transportation, schools and shopping. Five of the six units are vacant ready to show. Occupied unit will be vacant soon. One unit is in need of demo and full rehab. Tenants pay cooking gas and electric (separately metered). Landlord pays water, hot water and heat. Brand new water heater was recently installed and boiler was updated only ten years ago. View it, run the numbers and make an offer. Now accepting back up offers. Easy to show with overnight notice.