PA > Philadelphia > University City
Philadelphia, PA 19104,3907 HAVERFORD AVE
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Philadelphia, PA 19104,3907 HAVERFORD AVE
Philadelphia, PA 19104,3907 HAVERFORD AVE
Philadelphia, PA 19104,3907 HAVERFORD AVE
Philadelphia, PA 19104,3907 HAVERFORD AVE
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Karen Scarpa

Karen Scarpa

+1(732) 631-4514
Listed by Ryan J McManus • Keller Williams Liberty Place
$ 1,400,000
Est. payment /mo
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Price Dropped by $100K

3907 HAVERFORD AVE Philadelphia, PA 19104

1,501 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision University City

MLS Listing ID PAPH2546020

Year Built 2022

Annual Tax Amount $871

Tax Year 2025

Lot Size 1,501 Sqft

Acres 0.03

Lot Dimensions 19.00 x 79.00

Property Sub-Type Other

Source BRIGHT

Property Description

Introducing 3907 Haverford Avenue, a turnkey newly constructed apartment building in University City, Philadelphia — the highest-growth submarket in the city. Surrounded by the "eds and meds" economy with Drexel, Penn, Chop, Hup, Science Center, Schuylkill Yards and more nearby, providing a powerhouse engine for rental demand with highly skilled/educated workers in abundance — insulating multifamily rental demand in the surrounding community. The ±4040 SF, 3-storey redbrick property is composed of four (4) 1bd x 1ba units, one (1) 2bd x 2.5ba unit and one (1) 3bd x 3ba unit. The stylish residences feature a contemporary blend of cabinetry, stone, appliances and tile work, with designer-inspired lighting and plumbing fixtures. Washer/dryer combos in each unit for added convenience. Resilient LVP flooring throughout. High-powered mini-split heating/cooling systems. Soaring ceilings and ample natural light provide comfortability in each apartment. 6.75% Cap Rate. Buy into University City's real estate market for just $233K per unit where extremely high barriers-to-entry exist in this Top-10 USA MSA. FULL 10 yr tax abatement through 2031. Minimal OPEX and above-average rent growth. Enquire within for financials.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Central

Cooling Ductless/Mini-Split

Flooring Luxury Vinyl Plank

Heat Source Natural Gas

Exterior

Water Access N

View City

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 881000266

Ownership Fee Simple

Security Features Exterior Cameras

Special Listing Condition Standard

Bright MLS (BMLS)
Karen Scarpa

Karen Scarpa

Agent | RMFR8838475

+1(732) 631-4514

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