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Steven Pagan

steven.pagan@thepagangroup.com +1(609) 631-5668

Listed by Ryan McManus • Keller Williams Liberty Place

$1,400,000

Est. payment - /mo

4,040 SqFt

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UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 4,040 sqft

Price per Sqft $346

Subdivision University City

MLS Listing ID PAPH2545984

Style Contemporary

Abv Grd Liv Area 4,040

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 ±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

Rooms

Basement Fully Finished

Interior

Hot Water Natural Gas

Heating Central

Cooling Ductless/Mini-Split

Flooring Luxury Vinyl Plank

Fireplace N

Heat Source Electric

Exterior

Water Access N

View City

Accessibility None

Garage N

Private Pool No

Building

Foundation Concrete Perimeter

Above Ground Finished SqFt 4040

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 881000266

Ownership Fee Simple

SqFt Source 4040

Special Listing Condition Standard

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Nearby Locations

Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and homebuyers in finding their perfect piece of paradise in New Jersey.

+1(609) 631-5668

steven.pagan@thepagangroup.com

90 Tanner St, Haddonfield, NJ 08033-2419, USA

3907 HAVERFORD AVE Philadelphia, PA 19104