255 S 45TH STREET

Property Description

HIGHEST AND BEST OFFERS DUE IN BY 2PM SATURDAY MAY 25. Make sure offer package includes Agreement of Sale, TOP form, Buyer signed SPD and LPD forms, Buyer BFI and/ or POF and/ or pre-approval letter. ===============Excellent opportunity to purchase a very well located fully leased triplex in the Spruce Hill neighborhood of University City! This property, also located within the Penn Alexander School catchment area, was recently fully renovated and features three full floor two bedroom apartments. The 2nd floor apartment will be vacant as of June 1, 2024 making this an incredible owner occupant purchase opportunity. All utilities are separated and each apartment has in-unit laundry. Each unit features some type of outdoor space. Awesome rear yard access for 1st floor unit. 2nd floor unit has access to a cute patio and the 3rd floor unit has access to large roof deck! Basement access is from the front patio. Tax abatement in effect through 2026. The total monthly rent roll is $5,170 + $100 for water usage. Total gross annual income is $63,240. The property is close to many coffee shops, restaurants, Universities and public transportation. Schedule a tour today!