This value-add opportunity has great potential for a new owner. With just a few cosmetic upgrades the new owner can rent the entire building, or live in one unit and rent out the remainder. The current owner has been using the property exclusively for Airbnb. Based on the owners' recent experiences a new owner can expect between $45,0000-$50,000 a year. Each unit has laundry and central air. The rear first-floor bedroom has access to a large backyard. The second-floor three-bedroom unit has a rear balcony. The third floor features a three-bedroom unit with a roof deck that has outstanding Center City views. Located in the popular neighborhood of Graduate Hospital this home is walking distance to anything you may want. Rittenhouse and Center City are a quick ten-minute walk away, while the nearest Broad Street SEPTA stop is less than five minutes. Also very close by are Sprouts Grocery, Target, and Rite-Aid. New construction abounds in every direction. Invest and reap the rewards!
Listing courtesy of Keller Williams Philly.