Triplex student housing apartment building in University City. Walking distance to Drexel University and University of Pennsylvania. Unit A has 5 bedrooms 2 bathrooms. Unit B has 3 bedrooms 1 bathroom. Unit C has 3 bedroom 1 bathroom. The whole building is fully furnished. All tenants are Drexel and U Penn students. Currently 100% occupied to the end of July or August, 2020. Monthly rent $6005. This building has been always 100% rented since it was built in 2013. 10 years tax abatement to the year of 2024. At the current asking price, the net CAP rate is about 7.7%. This is a great investment opportunity in University City market! Call or text at 215-360-7811 to make appointment.
End of Row/Townhouse, Dwelling with Rental
Not Specified, PHILADELPHIA
Property Details for 4052 BARING ST
4052 BARING ST is a multi-family for sale in Philadelphia, PA 19104. This 2598.00 SQFT multi-family sits on a 0.03 acre lot and features 11 bedrooms and 4 bathrooms. Built in 2013, this multi-family has been on the market for a total of 4 months and is currently priced at $835,000.
Heating & Cooling
Electric / Multi-tank
Municipal Trash Service
Cable TV / Electric Available / Natural Gas Available / Sewer Available / Water Available
Above Grade Finished SQFT
Property Sub Type
End of Row/Townhouse
Dwelling with Rental
Above Grade / Below Grade
THE SCHOOL DISTRICT OF PHILADELPHIA
4052 BARING ST, PHILADELPHIA, PA 19104
4052 BARING ST
January 10, 2019
May 17, 2019 at 9:42 AM
Taxes & Assessments
Tax Assessed Value
City Tax Frequency
County Tax Frequency
All fixtures and furniture included.
Agent Phone Number
Liberty Real Estate
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