4021 Haverford Ave, Philadelphia, PA 19104

Property Description

WELCOME TO “THE HAVERFORD APARTMENTS,” LOCATED ON ONE OF THE MOST ATTRACTIVE BLOCKS IN UNIVERSITY CITY, PHILADELPHIA. THIS IS AN EXCEPTIONAL OPPORTUNITY TO OWN AN EXTREMELY LARGE, OVERSIZED, AND IMPRESSIVE 7-UNIT APARTMENT BUILDING THAT IS FULLY LOADED, FULLY OCCUPIED, AND FEATURES HIGH-END FINISHES AND AMENITIES. THIS RARE INVESTMENT PROPERTY IS BUILT BY ONE OF PHILADELPHIA’S PREMIER BUILDERS. ALL UNITS ARE RENTED, MAKING THIS A TRUE TURN-KEY INVESTMENT. THIS BEAUTIFUL PROPERTY OFFERS 7 LUXURY UNITS AS FOLLOWS: UNIT #1 – 2 BEDS & 2 BATHS UNIT #2 – 2 BEDS & 2 BATHS UNIT #3 – 3 BEDS & 2 BATHS UNIT #4 – 2 BEDS, 1 BATH & BALCONY UNIT #5 – 3 BEDS & 2 BATHS UNIT #6 – 3 BEDS, 3 BATHS & BALCONY UNIT #7 – 5 BEDS & 4 BATHS THIS MASSIVE COMPLEX STANDS OUT FOR ITS AMENITIES, PRIME LOCATION, AND STRONG RENTAL MARKET, WITHIN WALKING DISTANCE TO THE UNIVERSITY OF PENNSYLVANIA AND DREXEL UNIVERSITY. THE PROPERTY IS FULLY OCCUPIED AND STABILIZED, GENERATING APPROXIMATELY $13,000 IN MONTHLY RENT. THE PROPERTY BENEFITS FROM A FULLY APPROVED 10-YEAR TAX ABATEMENT, WITH 7 YEARS REMAINING. DON’T FORGET — THIS NEIGHBORHOOD IS ALSO AN IDEAL LOCATION FOR SHORT-TERM RENTALS SUCH AS AIRBNB. ALL UNITS FEATURE BEAUTIFULLY APPOINTED KITCHENS WITH CUSTOM SHAKER CABINETRY, DESIGNED FOR BOTH STYLE AND FUNCTIONALITY. ADDITIONALLY, THE PROPERTY IS LOCATED IN AN OPPORTUNITY ZONE, MAKING IT A STRONG AND STRATEGIC LONG-TERM INVESTMENT. THE LOCATION IS WALKABLE TO WORLD-CLASS INSTITUTIONS, INCLUDING DREXEL UNIVERSITY AND THE UNIVERSITY OF PENNSYLVANIA, AND IS PART OF A RAPIDLY EXPANDING SUBMARKET DRIVEN BY HEALTHCARE, BUSINESS, AND EDUCATION (EDS & MEDS). SIGNIFICANT DEVELOPMENT IS UNDERWAY WEST OF THE SCHUYLKILL RIVER, INCLUDING PROJECTS SUCH AS SCHUYLKILL YARDS, THE SCIENCE CENTER, CIRA CENTRE SOUTH, AND THE PLATINUM CORRIDOR. TENS OF MILLIONS OF SQUARE FEET ARE BEING DEVELOPED NEARBY, INCLUDING BIOMEDICAL, OFFICE, MULTIFAMILY, LAB, MEDICAL, EDUCATIONAL, RESEARCH, AND RETAIL SPACES. WHAT MORE COULD YOU ASK FOR? JUST MAKE YOUR MOVE