223 S 45th St - Storefront Retail/Residential FOR SALE


Philadelphia, PA 19104- Spruce Hill
$1,199,995 USD
215-467-4100
223 S 45th St, Philadelphia, PA for Sale
$1,199,995 USD
Storefront Retail/Residential - FOR SALE
1/3
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223 S 45th St
Philadelphia, PA 19104
Spruce Hill


OVERVIEW

223 S. 45th Street offers investors the opportunity to acquire a well-located asset in Philadelphia’s highly desirable University City submarket. Situated in the Spruce Hill neighborhood, the property benefits from immediate proximity to the University of Pennsylvania and Drexel University, driving consistent rental demand from students, faculty, and young professionals. Fully occupied with 5-units including (1) studio/1 bathroom, (2) 1 bedroom/1 bathroom; (1) 2 bedroom/2 bathroom); and (1) 3 bedroom/3 bathroom. Investment highlights include: University City location with durable rental demand; Walkable to parks, retail, and dining amenities; Strong transit connectivity to Center City and major employment hubs; and Stable cash flow and long-term appreciation in one of Philadelphia’s most resilient rental markets.

FOR SALE DETAILS

PRICE

$1,199,995 USD

PRICE/SF

$494 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,034 SF

ZONING

CMX2

APN/PARCEL ID

871127150

ASK ABOUT THIS PROPERTY

Ariel MorgensteinJG Real EstateMore Info
215-467-4100

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Ariel MorgensteinJG Real EstateMore Info
215-467-4100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.