4052 Baring Street, Philadelphia, PA 19104

$835,000
List Price
$835,000
Days On Market
68
Status
ACTIVE
MLS#
PAPH509984
Lot Size (Acres)
0.03
Style
Dwelling with Rental
Year Built
2013
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

Triplex student housing apartment building in University City. Walking distance to Drexel University and University of Pennsylvania. Unit A has 5 bedrooms 2 bathrooms. Unit B has 3 bedrooms 1 bathroom. Unit C has 3 bedroom 1 bathroom. The whole building is fully furnished. All tenants are Drexel and U Penn students. Currently 100% occupied to the end of July or August, 2019. Monthly rent $5925. This building has been always 100% rented since it was built in 2013. 10 years tax abatement to the year of 2024. At the current asking price, the net CAP rate is about 7.6%. This is a great investment opportunity in University City market! Call or text at 215-360-7811 to make appointment.

Additional Information

Area
19104 (19104)
Subdivision
West Powelton
Taxes
$1128.78
Stories
3
School District
The School District Of Philadelphia
View
City
Heating
Central
Heating Fuel
Natural Gas
Cooling
Central A/C
Roof
Flat
Utilities
Electric Available, Cable TV, Water Available, Sewer Available, Natural Gas Available
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Liberty Real Estate.