$ 645,000
-
$645,000
Price -
4
Bed -
0
Bath -
2,763
SqFt
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About the Listing SOLDIER - 3161092,3176793
Exceptional investment opportunity in the booming West Powelton neighborhood of University City, located in a Qualified Opportunity Zone (QOZ). This property is just minutes from Drexel University, the University of Pennsylvania, and the University of the Sciences, offering prime access to one of Philadelphia’s most vibrant areas. Nestled on a quiet street, yet steps from public transit and University City amenities, this property boasts outstanding walk, transit, and bike scores (Walk Score: 85, Transit Score: 89, Bike Score: 99). This 11-year-old, well-maintained, ground-up construction triplex features hardwood floors, in-unit laundry, stainless steel appliances, and large windows for natural light. Each unit has separate utilities (tenants pay except for water). The kitchens are equipped with shaker-style cabinets, granite countertops, dishwashers, garbage disposals, microwaves, and refrigerators. The building consists of: Unit 1: 5-bedroom, 2-bath bilevel with a private yard, Unit 2: 2-bedroom, 1-bath with a private rear deck, Unit 3: 2-bedroom, 1-bath with a private roof deck This fully occupied property has a solid rental history since its inception, providing immediate income for the buyer. With rents currently below market value, there is significant potential for rent increases and added value. The property is also positioned near several major development projects, including 3.0 University Place, Schuylkill Yards, uCity Square, and the Science Center, making it a strategic long-term investment. This turnkey asset is ideal for both investors and owner-occupants. The property falls under the FHA limit for four-unit buildings and qualifies for Fannie Mae/Freddie Mac’s new 5% down owner-occupied multifamily program. With strong appreciation and rental growth prospects, this is a rare opportunity in a high-demand area. Licensed PA salesperson with ownership interest.
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Heat Pump(s)
- Fireplaces:
- Floor: Wood,Tile/Brick
- Above Ground Sq Ft: 2763
- Below Ground Sq Ft: 0
- Basement: Full
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 20.00 x 75.00
- Zoning: RSA5
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $9,573
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
332 N 41st St Philadelphia, PA 19104
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