4014 GREEN ST, Philadelphia, PA 19104
4014 GREEN ST, Philadelphia, PA 19104
4014 GREEN ST, Philadelphia, PA 19104
4014 GREEN ST, Philadelphia, PA 19104
4014 GREEN ST, Philadelphia, PA 19104
4014 GREEN ST, Philadelphia, PA 19104
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Rob Gerrard

Rob Gerrard

+1(484) 433-6292
Listed by Kevin Murphy • Main Line Executive Realty
$ 849,900
Est. payment | /mo

2,592 SqFt

Save
$ 849,900
Est. payment | /mo
Save

2,592 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,592 sqft

Price per Sqft $327

Subdivision University City

MLS Listing ID PAPH2684264

Style Colonial

Abv Grd Liv Area 2,592

Year Built 2020

Annual Tax Amount $2,015

Tax Year 2026

Lot Size 1,368 Sqft

Acres 0.03

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

We are pleased to present a turnkey, fully leased investment opportunity in the highly desirable University City section of Philadelphia. This purpose-built young professional housing building comprises 3 units with a total of 8 bedrooms and 6 bathrooms, offering a diverse mix of 2- and 4-bedroom units. Currently generating about $5,700 in monthly rental income with low expenses and maintenance, this investment boasts a 5.9% cap rate. This property has always been 100% leased with 0% vacancy and is leased until the end of the school year 2027. This property has primarily attracted grad students from both Drexel and UPenn, medical staff and young professionals working in the local hospitals. Constructed just 6 years ago, the building has been impeccably maintained, everything is up to date, with 4 years remaining on their property TAX ABATEMENT. The generously sized units feature high-end finishes, including a 1 BED TO 1 BATH RATIO and premium kitchen and bathroom fixtures. These attributes make the properties highly competitive compared to nearby options, ensuring they remain easy to rent for years to come. Additional amenities include in-unit laundry, video surveillance entrances, sprinklered fire systems, high ceilings, large closets, luxury vinyl flooring, quartz countertops with stainless steel appliances, rooftop decks with skyline views, outdoor backyards, roof deck and more. This investment represents a tremendous opportunity to acquire strong-performing, never-vacant, and low-maintenance asset in a well-known, walkable, and bike-friendly neighborhood experiencing significant growth and expansion with major projects underway featuring over 33 million square feet of lab, residential, institutional, office, and public space in the pipeline at major developments like uCity Square and Schuylkill Yards, plus individual projects throughout the district.(ask us for more details on this). Conveniently located within walking distance to world-class universities, medical facilities, 30th Street Station, and the Art Museum, these properties also offer easy access to local highways.
The Owner and Manager had built these units and maintained them to keep for many years.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RSA5

Interior

Hot Water 60+ Gallon Tank, Electric

Heating Central

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Foundation Concrete Perimeter

Above Ground Finished SqFt 2592

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 061038410

Ownership Fee Simple

SqFt Source 2592

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Rob Gerrard

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(484) 433-6292

rob@campbellgerrard.com

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4014 GREEN ST