Exceptional turnkey investment opportunity featuring a fully leased new construction triplex generating almost 6000per month and benefiting from a valuable 10-year tax abatement. This low-maintenance asset offers separate electric meters, modern construction, and strong in-place cash flow. The property consists of a 4-bedroom, 4-bath bi-level unit rented at $2,650/month, plus two 2-bedroom, 2-bath units rented at $1,595 and $1,700/month, with the top-floor unit featuring private roof deck access and skyline views. Each residence includes granite countertops, stainless steel appliances, luxury vinyl flooring, recessed lighting, central HVAC, in-unit laundry, and security system access. Strategically located just minutes from Temple University, Temple University Hospital, and within close proximity to Center City, Drexel University, the University of Pennsylvania, Jefferson Hospital, and other major medical and educational institutions, this fully occupied property is ideally positioned to attract a strong and consistent tenant base. With immediate income, minimal capital expenditure requirements, and strong long-term rental demand, this asset presents an outstanding opportunity for investors seeking stable cash flow and future appreciation in one of Philadelphia's fastest-growing neighborhoods.
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Listing Snapshot
Price
$725,000
Days On Site
109 Days
Bedrooms
4
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.04 Acres
Year Built
N/A
MLS® Number
PAPH2638474
Status
Active
Property Tax
$940
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
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Recent Activity
2 months ago
Listing updated with changes from the MLS®
4 months ago
Listing first seen on site
General Features
Acres
0.04
Foundation
Concrete PerimeterPermanent
Parking
On Street
Property Condition
New Construction
Property Sub Type
Triplex
Sewer
Public Sewer
Special Circumstances
Standard
Style
Colonial
Water Source
Public
Zoning
CMX2
Interior Features
Appliances
Electric Water Heater
Basement
Finished
Cooling
Central AirElectric
Flooring
Vinyl
Heating
ElectricCentralForced Air
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Exterior Features
Construction Details
Brick Veneer
Pool Features
None
Community Features
MLS Area
19122 (19122)
School District
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of BHHS Fox & Roach-Center City Walnut
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