Great turnkey investment opportunity on one of the quietest, tree-lined residential blocks in Center City! Following a complete renovation in 2022, this turnkey triplex offers seamless, low-maintenance ownership with strong existing cash flow and approximately six years remaining on the tax abatement. Ideal for 1031 exchange investors or an owner-occupant looking to live in one unit while letting rent cover expenses.Property & Infrastructure Highlights:FULL UPDATED INFRASTRUCTURE: New roof, completely brand-new HVAC systems (including all-new compressors, air handlers, and ductwork throughout), new windows, doors, flooring, and completely upgraded electrical and plumbing (including main front water and sewer lines). All done approx 2022.FIRE SAFETY & LIFE SAFETY: Fully upgraded, code-compliant fire safety system. Lead Fee Certificate.SECURITY & ACCESS CONTROL: 3-camera video surveillance system (front exterior, rear exterior, and first-floor entry/hallway) recording directly to a local hard drive, with live viewing available via an owner app. Video intercom system allows tenants to remotely view and buzz guests in at the front door.SEPARATED UTILITIES: Individual electric meters for all units. First-floor unit utilizes gas specifically for chef's kitchen with five gas burners top and the plumbed exterior patio grill line.HIGH-END INTERIORS: Kitchens feature granite countertops, stainless steel appliances, premium ranges with direct-vent exhaust hoods, dishwashers, disposals, soft-close cabinetry, USB-charging outlets, dedicated in-unit laundry, and full tile baths.UNIT BREAKDOWN:Unit 1: Bi-Level 1 Bed + Den / 2 Baths, featuring independent heating and cooling (HVAC) systems for each floor level for customized climate control. Lower level provides flexible space for a home office, media room, or gym with an adjacent full bath. Private rear patio built for entertaining—complete with a plumbed natural gas line for a grill and heater (no propane tanks needed!), plus an outdoor prep station with a hot and cold water sink.Units 2 & 3: Bright, modern 1-bedroom, 1-bathroom layouts with strong, proven rental history. Unbeatable Center City location! 2 blocks to Acme and Whole Foods markets. Steps from Washington Square, Pennsylvania Hospital, Penn Medicine at Washington Square, Jefferson Health, historic and cultural venues, entertainment, banking, trendy bars and fine dining. Easy access to PATCO, public transit, major commuter routes.
Great turnkey investment opportunity on one of the quietest, tree-lined residential blocks in Center City! Following a complete renovation in 2022, this turnkey triplex offers seamless, low-maintenance ownership with strong existing cash flow and approximately six years remaining on the tax abatement. Ideal for 1031 exchange investors or an owner-occupant looking to live in one unit while letting rent cover expenses.Property & Infrastructure Highlights:FULL UPDATED INFRASTRUCTURE: New roof, completely brand-new HVAC systems (including all-new compressors, air handlers, and ductwork throughout), new windows, doors, flooring, and completely upgraded electrical and plumbing (including main front water and sewer lines). All done approx 2022.FIRE SAFETY & LIFE SAFETY: Fully upgraded, code-compliant fire safety system. Lead Fee Certificate.SECURITY & ACCESS CONTROL: 3-camera video surveillance system (front exterior, rear exterior, and first-floor entry/hallway) recording directly to a local hard drive, with live viewing available via an owner app. Video intercom system allows tenants to remotely view and buzz guests in at the front door.SEPARATED UTILITIES: Individual electric meters for all units. First-floor unit utilizes gas specifically for chef's kitchen with five gas burners top and the plumbed exterior patio grill line.HIGH-END INTERIORS: Kitchens feature granite countertops, stainless steel appliances, premium ranges with direct-vent exhaust hoods, dishwashers, disposals, soft-close cabinetry, USB-charging outlets, dedicated in-unit laundry, and full tile baths.UNIT BREAKDOWN:Unit 1: Bi-Level 1 Bed + Den / 2 Baths, featuring independent heating and cooling (HVAC) systems for each floor level for customized climate control. Lower level provides flexible space for a home office, media room, or gym with an adjacent full bath. Private rear patio built for entertaining—complete with a plumbed natural gas line for a grill and heater (no propane tanks needed!), plus an outdoor prep station with a hot and cold water sink.Units 2 & 3: Bright, modern 1-bedroom, 1-bathroom layouts with strong, proven rental history. Unbeatable Center City location! 2 blocks to Acme and Whole Foods markets. Steps from Washington Square, Pennsylvania Hospital, Penn Medicine at Washington Square, Jefferson Health, historic and cultural venues, entertainment, banking, trendy bars and fine dining. Easy access to PATCO, public transit, major commuter routes.
Neighborhood
Type
County
Philadelphia
Area
19147
Tax Amount
$8,847
Status
Active
Listing #
PAPH2653908
Built
1900
Lot Size
0.02
Listed on site
5 days
Listing Agent Id
121135889224