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- LoopNet Team
4074 Haverford Ave
Philadelphia, PA 19104
Land For Sale
·
0.07 AC
PROPERTY FACTS
| Property Type | Land | Proposed Use | Apartment Units |
| Property Subtype | Residential | Total Lot Size | 0.07 AC |
| Zoning | RM1 | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.07 AC |
| Zoning | RM1 |
DESCRIPTION
43 units new construction near UPENN, Penn Medicine, Drexel! Ideal opportunity for 1031 Exchange or OZ investment pre-CO. 80% complete and will be ready for May 1st 2024 leasing! 10 year full tax abatement. 43 market rate apartments. (18) 1BRs, (11) 1BR+DEN, (14 ) 2BR, and 10 parking spots in rear. Amenities include green roof with skyline views, fitness center, community lounge, bike storage, wifi, lobby with package area, elevator, smart locks, 10 parking spots in rear, and modern and professional finishes throughout. Tons of light and closet space. Most units with breakfast bars and Juliet balconies. All units come with washer/dryer, central air, quartz counters, stainless steel appliances, luxury LVT flooring, brand new kitchens, baths and fixtures throughout. Tons of PENN and Drexel graduate students and working professionals in this area! Tremendous value appreciation and rent growth potential! Note property is still being completed and thus there is time to purchase under OZ or 1031.
