3907 HAVERFORD AVE, Philadelphia, PA 19104

Property Description

Introducing 3907 Haverford Avenue, a turnkey newly constructed apartment building in University City, Philadelphia — the highest-growth submarket in the city. Surrounded by the "eds and meds" economy with Drexel, Penn, Chop, Hup, Science Center, Schuylkill Yards and more nearby, providing a powerhouse engine for rental demand with highly skilled/educated workers in abundance — insulating multifamily rental demand in the surrounding community. The ±5500 SF, 3-storey redbrick property is composed of four (4) 1bd x 1ba units, one (1) 2bd x 2.5ba unit and one (1) 3bd x 3ba unit. The stylish residences feature a contemporary blend of cabinetry, stone, appliances and tile work, with designer-inspired lighting and plumbing fixtures. Washer/dryer combos in each unit for added convenience. Resilient LVP flooring throughout. High-powered mini-split heating/cooling systems. Soaring ceilings and ample natural light provide comfortability in each apartment. 6.25% Cap Rate. Buy into University City's real estate market for just $250K per unit where extremely high barriers-to-entry exist. FULL 10 yr tax abatement through 2031. Minimal OPEX and above-average rent growth. Enquire within for financials.

Listing Status:

Active

Listing Office:

Keller Williams Liberty Place : 6093995454

Listing Agent:

Ryan J McManus : 6106061095

MLS ID:

PAPH2546020

Interior

• A/C: Ductless/Mini-Split
• Heating: CentralNatural Gas
• Disability Feature: None

Construction

• General: BrickSlab

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: RM1881000266

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN

This listing courtesy of Ryan J McManus, Keller Williams Liberty Place