521 N 34th Street. Philadelphia, PA 19104 521 N 34th Street. Philadelphia, PA 19104

Property Description:

Incredible 11 units apartment building located near Drexel University. Completed in 2015 and TAX ABATEMENT started in 2020! . High end finishes, high quality construction. . Fully occupied rent roll $23,275 per month. Very low expenses. 8 units 3 bedrooms 3 bathrooms . 2 units 1 bedroom 1 bathroom and one unit 2 bedroom 2 bathroom.

CAP RATE – 6.46%

Units feature Hardwood floors, stainless steel appliances, W/D in units.

Income and Expense Report:  Click Here

Building Details:

• 3 story
• 11 units (28 rooms)
• Zoned as RSA-5 – Zoning Variance for 11 unit
• Annual tax $3312
• Sold “as-is”
• Showings by appointment only. Please review Pictures, Videos and Income/Expense report before making an appointment. To schedule an appointment, buyer must provide POF, LOI and 24-48 notice to coordinate with tenants.