Rare multi-family investment opportunity in the Powelton Village neighborhood of University City. Three-story Victorian Italianate style, built circa 1870, comprising of three 3-bedroom units and three 2-bedroom units. This income producing property currently brings in $105,840 annually with one unit vacant (projected $129,240). The open two-story front porch, stuccoed and rusticated quoins and hairpin fence are defining features of the Powelton Village Philadelphia Register Historic District.
This property is located in the catchment area for the highly-regarded Powel Elementary School alongside Science Leadership Academy Middle School (SLAMS). It is also a short distance to Drexel University, the U.C. Science Center and the University of Pennsylvania.