332 N 41ST STREET, Philadelphia, PA 19104

  • $695,000
332 N 41ST STREET, Philadelphia, PA 19104
Active Under Contract
332 N 41ST STREET, Philadelphia, PA 19104
332 N 41ST STREET, Philadelphia, PA 19104
  • $695,000

Overview

Property ID: PAPH2411522
  • Twin/Semi-Detached, Residential Income
  • Property Type
  • 0.03
  • Lot Acres
  • 2013
  • Year Built

Description

Exceptional investment opportunity in the booming West Powelton neighborhood of University City, located in a Qualified Opportunity Zone (QOZ). This property is just minutes from Drexel University, the University of Pennsylvania, and the University of the Sciences, offering prime access to one of Philadelphia’s most vibrant areas. Nestled on a quiet street, yet steps from public transit and University City amenities, this property boasts outstanding walk, transit, and bike scores (Walk Score: 85, Transit Score: 89, Bike Score: 99).
This 11-year-old, well-maintained, ground-up construction triplex features hardwood floors, in-unit laundry, stainless steel appliances, and large windows for natural light. Each unit has separate utilities (tenants pay except for water). The kitchens are equipped with shaker-style cabinets, granite countertops, dishwashers, garbage disposals, microwaves, and refrigerators.
The building consists of: Unit 1: 5-bedroom, 2-bath bilevel with a private yard, Unit 2: 2-bedroom, 1-bath with a private rear deck, Unit 3: 2-bedroom, 1-bath with a private roof deck
This fully occupied property has a solid rental history since its inception, providing immediate income for the buyer. With rents currently below market value, there is significant potential for rent increases and added value. The property is also positioned near several major development projects, including 3.0 University Place, Schuylkill Yards, uCity Square, and the Science Center, making it a strategic long-term investment.
This turnkey asset is ideal for both investors and owner-occupants. The property falls under the FHA limit for four-unit buildings and qualifies for Fannie Mae/Freddie Mac’s new 5% down owner-occupied multifamily program. With strong appreciation and rental growth prospects, this is a rare opportunity in a high-demand area.
Licensed PA salesperson with ownership interest.

  • Address 332 N 41ST STREET
  • City Philadelphia
  • State/county PA
  • Zip/Postal Code 19104
  • Country US

Details

Updated on November 14, 2024 at 5:56 pm
  • Property ID: PAPH2411522
  • Price: $695,000
  • Land Area: 0.03 Acres
  • Garage Size: x x
  • Year Built: 2013
  • Property Type: Twin/Semi-Detached, Residential Income
  • Property Status: Active Under Contract

360° Virtual Tour

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

Contact Information

View Listings
Homes Trade Hub
  • Homes Trade Hub

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Similar Listings

**Property Disclaimer** The information we provide about this property is believed to be accurate to the best of our knowledge; however, it may change without notice. We are not liable for any mistakes, errors, or omissions in the information presented. We strongly recommend that you conduct your own research and verify all details independently to ensure accuracy. Your diligence in seeking correct information is essential before making any decisions. " Homes Trade Hub "

Compare listings

Compare
Homes Trade Hub
  • Homes Trade Hub