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Will Nicholson

will.nicholson@lptrealty.com +1(208) 610-3258

Listed by Ryan J McManus • Keller Williams Liberty Place

$ 1,500,000

Est. payment -/mo

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New

3907 HAVERFORD AVE Philadelphia, PA 19104

5,514 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 5,514 sqft

Price per Sqft $272

Subdivision University City

MLS Listing ID PAPH2545984

Style Contemporary

Abv Grd Liv Area 5,514

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 Interior Row/Townhouse

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 ±5500 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. 6.25% Cap Rate. Buy into University City's real estate market for just $250K per unit where extremely high barriers-to-entry exist. 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

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Slab

Above Ground Finished SqFt 5514

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

New Construction Y

Schools

School District Philadelphia City

Others

Tax ID 881000266

Ownership Fee Simple

SqFt Source 5514

Special Listing Condition Standard

+1(208) 610-3258

will.nicholson@lptrealty.com

Sandpoint, ID