Investor Owner Opportunity! This spacious duplex spans over 4200+ sqft, featuring two units and outdoor space, making it an attractive investment in the heart of University City. Located less than half a mile from both Drexel University and the University of Pennsylvania campuses, this property is strategically positioned for student housing demand.Unit A boasts five bedrooms and two bathrooms, while Unit B offers five bedrooms and three bathrooms. The property stands as a standalone structure with separately metered utilities, ensuring efficiency and convenience. Each unit is equipped with in-unit washers and dryers, kitchens adorned with granite countertops and stainless steel appliances, and a sizable rear yard accessible from Unit A and externally from Unit B.
The investment potential is underscored by the property's current monthly rental income of $4,750. Although currently vacant, this presents a prime opportunity for investors to capitalize on the burgeoning demand for housing in the area. This investment opportunity is situated in a redeveloped area boom, witnessing substantial growth and transformation over the past 8-10 years. Its proximity to both Drexel and Penn universities makes it an attractive choice for students and professionals alike. Convenience is key, with the property just two blocks away from Presbyterian Hospital, the 40th Street Station of the Market-Frankford Line, Penn's LUCY bus, and the vibrant 40th Street amenities, including restaurants, shops, and a supermarket between Market and Walnut Streets. Transportation is a breeze with easy access to the Bus route 40 and the Drexel bus, both just a half block away. Moreover, the property falls within the night patrol area of Drexel. Don't miss out on this exceptional investment opportunity in a thriving and strategically located University City neighborhood!
