Exceptional investment opportunity in the heart of University City. This fully renovated triplex, completed in 2023, is located just steps from Drexel University and offers three spacious units with strong rental appeal. The property includes two 2-bedroom, 2-bathroom apartments and one 4-bedroom, 3-bathroom apartment, all featuring modern finishes, updated kitchens, in-unit laundry, and contemporary design throughout. The building has been well maintained and thoughtfully updated to minimize maintenance while maximizing rental income potential. Its prime location provides easy access to Drexel, UPenn, public transportation, hospitals, shopping, and dining, ensuring steady demand year after year. Whether you are expanding your portfolio or entering the multi-family market, this property presents the perfect blend of turn-key convenience and long-term value in one of Philadelphia’s most desirable rental corridors. Inspect and make a serious offer!
Annual Gross Income: $75,600
Annual Operating Expense: $9,000
The income description goes here to explain
| List Price | $950,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 1,998 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1935 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 242030200 |
| MLS # | PAPH2530890 |
| Property ID | 322117302 |
| Lot Sqft | 1,191 |
| Zoning | RM1 |
| Total Units | 1 |
| Days on Market | 123 |
| Original List Price | Unknown |
| Applicances | Built-In Microwave,Built-In Range,Dishwasher,Disposal,Dryer,Oven/Range - Electric,Refrigerator% |
| Date Updated | October 27, 2025 |
| Date Created | August 26, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $75,600 | $0 |
| Net Income (Yr) | $ 66,600 |
| Cap Rate | 7.00% |
Steven M. Eckell an agent of Coldwell Banker Realty. Lic #AB065133
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT