SQUARE FEET4,040
MLS#PAPH2545984
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONUNIVERSITY CITY
SCHOOLPHILADELPHIA CITY
Property Description
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 ±4040 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. 6.75% Cap Rate. Buy into University City's real estate market for just $233K per unit where extremely high barriers-to-entry exist in this Top-10 USA MSA. FULL 10 yr tax abatement through 2031. Minimal OPEX and above-average rent growth. Enquire within for financials.
Property Features
Property Type: Multi Unit - Multiple
Basement: Fully Finished
Basement: Yes
Cooling: Ductless/Mini-Split
Fuel Type: Electric
Heating: Central
Home Style: Contemporary
Lot Size: 0.03 Acres
Taxes: $871
Year Built: 2022
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Exterior: Brick
Flooring: Luxury Vinyl Plank
Location: Downtown
Lot Dimensions: 0.03 Acre(S)
Municipality: PHILADELPHIA
One Bedroom Units: 4
Sewer: Public Sewer
Special View Info: City
Structure Type: Interior Row/Townhouse
Three Bedroom Units: 1
Total Garage/Parking Spaces: 0
Two Bedroom Units: 1
Units: 1
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: Keller Williams Liberty Place
Agency Phone: 6093995454
Shown By
Agent Name: The Jesse Hersh Team
Agent Phone: (717) 475-0378
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 3,596.71 per month $3,115.79 Principal & Interest $72.58 Property Tax $408.33 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
3907 Haverford Avenue | MLS# PAPH2545984
This multi-family property located at 3907 Haverford Avenue, Philadelphia, PA 19104 is currently listed for sale with an asking price of $1,400,000. Haverford Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.jessehershteam.com today.