Active

3925-29 Haverford Ave

Philadelphia PA, 19104

$9,000,000


$212.99 per sqft

Active

9 Beds

42,256 sqft

Other

Built in 2018

Introducing: GRANDVIEW WEST. This exceptionally-designed, 42,256 SF multifamily investment property is a turnkey blue-chip apartment building offered substantially below replacement costs in a national high-growth submarket (University City Philadelphia). Anchored by ground floor commercial space (950 SF), 33 apartments rise 4 storeys up to a rooftop terrace with panoramic vistas of Downtown Philly and the surrounding University City cityscape. The unit matrix includes one (1) commercial unit, two (2) 1bd, twenty-nine (29) 2bd, and two (2) 3bd apartments. Average size for the apartment units is a generous 1,143 SF -- well in excess of market averages. $1939/unit is the average rental price. The oversized apartment homes feature modern fit + finish kits including high ceilings, window treatments, stone countertops, carpeted bedrooms with spacious closets, sleek LVP flooring in kitchens and living areas, custom shaker cabinetry and contemporary bath suites. Keyless entry and digital high-tech security intercoms provide a seamless building access experience. A fully-equipped fitness center and deluxe lounge/bar/kitchen are located on the ground floor, providing 24-hr access and enjoyment for residents. Positioned on Haverford Avenue (just off Lancaster Avenue--main commercial corridor), everything in Philly is within walking distance of GRANDVIEW WEST. Situated in UCITY, Philadelphia's fastest-growing powerhouse economic district, GRANDVIEW WEST Apartments represents one of the finest acquisition opportunities in the Greater Philadelphia MSA to purchase a "like new" construction stabilized asset in a coveted Philly neighborhood. "EDS & MEDS": Penn and Drexel are nearby, as well as Schuylkill Yards, Spark Therapeutics, Amtrak's 30th St Station, HUP, CHOP, Science Center + more -- the region's leading higher education institutions, innovation districts, biomed + life sciences and top-tier employers are immediately accessible to GRANDVIEW WEST, providing rentability ease + investment certainty for Ownership. 10 year tax abatement.

PAPH2414096

MLS ID

October 25, 2024

Listed

November 1, 2024

Updated

Map

3925-29 Haverford Ave
Philadelphia PA, 19104

Interior Features

Total Stories

4


Bedrooms

9


Interior Features

Elevator


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Natural Gas

Exterior/Building Features

Lot Size

0.27 Acres


Architectual Style

Unit/Flat


Roof

Fiberglass


Sewer

Public Sewer

School Information

School District

THE SCHOOL DISTRICT OF PHILADELPHIA

Other Property Details

Area Name

PHILADELPHIA


Taxes

$8,997


Tax Frequency

Annually


Days on Market

1


Garage

No


View

Yes


View Description

City


County

PHILADELPHIA


Water Source

Public


Pool

No

Listed by Keller Williams Liberty Place
Listing Contact: 6106061095 

The IDX display contains information sourced from the Bright MLS, Inc. as of 11/1/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Bright MLS, Inc. all rights reserved.

Data last updated on 11/1/2024 at 3:33 AM UTC

Powered byLuxury Presence