PA
PHILADELPHIA
PHILADELPHIA
19104
3716 HAVERFORD AVENUE
3716 HAVERFORD AVENUE, PHILADELPHIA, PA 19104
Share Listing
Listing Type
Multi Family
Listing Status
active
22
$1,750,000

Home Details for 3716 HAVERFORD AVENUE

Price
$1,750,000
Type
Residential Income
Bedrooms
6
Bathrooms
Square feet
6930
Year built
2018
Lot size acres
0.06
County
PHILADELPHIA
Garage
Days on site
113
MLS Listing#
PAPH2489268
Property Description

We are pleased to present a turnkey, fully leased investment opportunity in the highly desirable University City/Drexel and Mantua section of Philadelphia. This purpose-built student housing building comprises 6 units with a total of 20 bedrooms and bathrooms, offering a diverse mix of 3 and 4-bedroom units. Currently generating about $15,000 in monthly rental income with low expenses and maintenance, this investment boasts a 7.9% cap rate. This property has always been 100% leased and has already been leased for the next academic year 2025-2026. This property primarily attract students from Drexel University and the University of Pennsylvania, as well as medical staff and young professionals. Constructed just 5 years ago, the building has been implacably maintained , up-to-date, with 5 years remaining on their property TAX ABATEMENT. The generously sized units feature high-end finishes, including a 1 BED TO 1 BATH RATIO and premium kitchen and bathroom fixtures. These attributes make the properties highly competitive compared to nearby student housing options, ensuring they remain easy to rent for years to come. Additional amenities include in-unit laundry, video surveillance entrances, sprinklered fire systems, high ceilings, large closets, luxury vinyl flooring, quartz countertops with stainless steel appliances, rooftop decks with skyline views, outdoor backyards, and more. This University City Student Housing investment represents a tremendous opportunity to acquire strong-performing, never-vacant, and low-maintenance asset in a well-known, walkable, and bike-friendly neighborhood experiencing significant growth and expansion with major projects underway featuring over 33 million square feet of lab, residential, institutional, office, and public space in the pipeline at major developments like uCity Square and Schuylkill Yards, plus individual projects throughout the district.(ask me for more details on this). Conveniently located within walking distance to world-class universities, medical facilities, 30th Street Station, and the Art Museum, these properties also offer easy access to local highways.

Property Features
  • Heating Information
    • Natural Gas
    • Central
    • Forced Air
  • Cooling Information
    • Central Air
    • Gas
  • Water Features
    • Public
  • Parking
    • None
Listing Courtesy: Compass RE - 267-435-8015
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-09-05 09:27:14
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Bright MLS.
EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143
Rich Roberts
Sales Representative
Office
215 623 6000
Agent
717 723 0755
Request more details
Code: