Investor Alert! Great Victorian 5 unit apartment building, located on a tree lined street in the Squirrel Hill section of University City. Excellent value-add opportunity! Separate utilities except cold water. 3 BR unit completely renovated. 2 studios and a 1 BR in avg . condition. The property can be purchased individually or in a package with 4802 Chester Ave. MLS # PAPH2526016.
Three units are currently underrented to long term tenants, with great potential to bring them up to market rents. Another is ready for rent and one unit needs some work to get it rentable. New roofs and siding installed in 2021, including top flat rubber roof and pitched shingle areas/turret. Brick facade refinished and pointed. Laundry in buildng and top unit has W/D, in-unit.
On the SEPTA trolly line with easy access to Center City. The location is appealing to a wide range of tenants from students to professionals, with it's proximity to Clark Park, University of Pennsylvania and University of the Sciences.