126-136 45Th StPhiladelphia, PA 19104

For Sale
$7,200,000

44 Units, Prime Location, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional mixed-use investment opportunity in Philadelphia's University City boasts 44 units – 34 residential and 10 commercial – offering diversified income streams. Located at 126-136 S 45th St and 4441-4445 Chestnut Street, this portfolio enjoys a prime location within walking distance of the University of Pennsylvania and Drexel University, surrounded by new developments and public transportation. The five-story buildings, constructed in 1915 and 1920, underwent full renovations in 2008. The CMX-2 zoning allows for a variety of uses. With a strong rental occupancy history, this property presents a compelling investment opportunity. The total annual property tax is $63,248. This is a rare chance to acquire a well-established, high-performing asset in a thriving urban environment. The property's proximity to major employers and universities ensures consistent demand for both residential and commercial spaces. The blend of residential and commercial units provides a balanced and resilient income profile, making it an attractive long-term investment. This portfolio offers a unique combination of historical charm and modern updates, creating a desirable living and working environment.

Highlights

  • $7,200,000 asking price for a mixed-use portfolio in University City, Philadelphia.
  • 44 total units: 34 residential and 10 commercial.
  • Strong rental history and occupancy.
  • Prime location near University of Pennsylvania and Drexel University.
  • CMX-2 zoning.
  • $63,248 annual property tax.

Property Details for 126-136 45Th St

Property type
Other mixed-use properties, Mixed-use properties
Year Renovated
2008
Stories
5
Units
44

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9559402
Longitude
-75.2116533
126-136 45Th St, Philadelphia, Pennsylvania

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126-136 45Th St
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