3925 Haverford Ave, Philadelphia, PA 19104

$8,835,000

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List Price
$8,835,000
Days on Market
198
Status
ACTIVE
MLS#
PAPH2586418
Lot Size (Acres)
0.27
Year Built
2018
County
Philadelphia
School District
Philadelphia City

Property Description

Introducing "Grandview West Apartments" strategically located in University City — the beating heart of Philadelphia's "Eds & Meds" economy. With 138' feet of frontage, this 34-unit free-market apartment building boasts a commanding corner presence in the neighborhood. The Property is walkable to Chop, HUP, UPenn, Drexel Univeristy, Amtrak's 30th Street Station, Schuylkill Yards, Science Center and all of the amenities within University City. This prime multifamily asset is comprised of one (1) commercial unit, one (1) 1bd unit, thirty (30) 2bd units and two (2) 3bd units. Grandview West features a Class-A amenities package with a fully-furnished fitness center, two (2) elevators, common green roof deck, deluxe residents lounge with gaming and entertainment, and more. The Property is offered well below replacement costs — the combined costs to acquire the land and construct/finance the building — providing new ownership with an extremely attractive acquisition basis. 10 year tax abatement through 2028. Substantial rental upside. Minimal CAPEX required. Located in a Top-10 USA MSA for rent growth and the #1 destination in the world to visit in 2026 — Philly.

Additional Information

Area
19104 (19104)
Subdivision
University City
Taxes
$8997
Stories
4
School District
Philadelphia City
Flooring
Luxury Vinyl Plank
View
City
Heating
Central
Heating Fuel
Natural Gas
Cooling
Central A/C
Roof
Vegetated, Fiberglass
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams Liberty Place. Contact: 6093995454

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