Contemporary
3907 HAVERFORD AVENUE
PHILADELPHIA , PA 19104
MLS#: PAPH2545984
$1,500,000
Property
Beds
9
Full Baths
None
1/2 Baths
None
Year Built
2022
Sq.Footage
5,514
Introducing 3907 Haverford Avenue, a turnkey newly constructed apartment building in University City, Philadelphia — the highest-growth submarket in the city. Surrounded by the "eds and meds" economy with Drexel, Penn, Chop, Hup, Science Center, Schuylkill Yards and more nearby, providing a powerhouse engine for rental demand with highly skilled/educated workers in abundance — insulating multifamily rental demand in the surrounding community. The ±5500 SF, 3-storey redbrick property is composed of four (4) 1bd x 1ba units, one (1) 2bd x 2.5ba unit and one (1) 3bd x 3ba unit. The stylish residences feature a contemporary blend of cabinetry, stone, appliances and tile work, with designer-inspired lighting and plumbing fixtures. Washer/dryer combos in each unit for added convenience. Resilient LVP flooring throughout. High-powered mini-split heating/cooling systems. Soaring ceilings and ample natural light provide comfortability in each apartment. 6.25% Cap Rate. Buy into University City's real estate market for just $250K per unit where extremely high barriers-to-entry exist. FULL 10 yr tax abatement through 2031. Minimal OPEX and above-average rent growth. Enquire within for financials.
Features & Amenities
Interior
-
Total Bedrooms
9
-
Bathrooms
N/A
-
Above Grade Finished Area
5514.0
-
Cooling YN
YES
-
Cooling
Ductless, Gas
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
None
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.03
-
Property Type
Residential Income
-
Property Sub Type
Townhouse
-
Architectural Style
Contemporary
Price
-
Sales Price
$1,500,000
-
Tax Amount
871.0
-
Sq. Footage
5, 514
-
Price/SqFt
$272
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
193
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Ryan J McManus , Keller Williams Liberty Place
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TheresaKehler
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