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922 S 49th St
Philadelphia, PA 19143
UCITY QUAD · Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- ACCESS TO UPENN
- TURNKEY QUADPLEX
- RENTAL UPSIDE VIA COSMETIC ENHANCEMENTS
- PERENNIAL RENTAL DEMAND
- IDEAL FOR OWNER OCCUPANT (5% DOWN)
EXECUTIVE SUMMARY
Introducing 922 S 49th, a newly renovated income-producing 4500 SF quadplex (4 units) ideally located in University City Philadelphia, the region's leading employment hub which drives Philly's prominent "eds and meds" high-skilled/paid workforce. Spacious 2-3-4 bedroom units. Features include modern kitchens and bathrooms, hardwood floors, bay windows and high ceilings, spacious rear yard, charming front porch, in-unit washer/dryers, lower level common storage. The University of Pennsylvania, Drexel University, the University of the Sciences and the Restaurant School at Walnut Hill College all share turf here, in the city's bustling, culturally diverse academic heart. Cutting-edge exhibitions at the Institute of Contemporary Art attract hip crowds. Diverse dining options include street food stalls and acclaimed international eateries, and there are plenty of casual bars, pizzerias and cafes in abundance nearby. Walk to parks, campuses and public transit from this premier West Philadelphia location. Enquire within for financials on this turnkey quadplex in West Philly.
PROPERTY FACTS
| Price Per Unit | $293,841 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 7.80% | Building Size | 4,500 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1900/2016 |
| Apartment Style | Low-Rise | ||
| Zoning | RSA3 | ||
| Price Per Unit | $293,841 CAD |
| Sale Type | Investment |
| Cap Rate | 7.80% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,500 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1900/2016 |
| Zoning | RSA3 |
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