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