Brand new 3 unit building in the a prime block near Drexel University. This building has been fully gutted with all new mechanicals, plumbing, electrical, etc. Unit 1 is a bi-level 4bed/3bath with a private backyard rented for $3,200/M. Unit 2 is a 2bed/2bath rented for $1,600/M and unit 3 is a 2bed/2bath with a private roofdeck rented for $1,700/M. All leases are new and go through the end of the academic year. This sale comes with :
-10 years tax abatement
- 1 year builder's warranty
- 1 year of free management
This investments delivers great cashflow and years of appreciation in an area that is experiencing tons of residential and commercial developments. It is only few steps away from Drexel's campus and art museum area, with easy access to I-76, Drexel Park, kelly drive for running, biking along the Schuylkill River, 30th st station and more. Act fast.