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Description
This fully leased studio condo at Riverwest presents a turnkey investment opportunity, generating $1,400/month in rent with a lease secured through June 2026, offering immediate and predictable income in a high-demand Center City location. With all utilities included in the rent and condo fee—covering gas, water, electricity, basic cable, building insurance, on-site maintenance, a 24-hour lobby attendant, and a state-of-the-art fitness center—ownership is simple, low-maintenance, and cost-efficient. The unit itself is updated and well maintained, featuring upgraded flooring, oversized windows with abundant natural light and unobstructed city views, a practical kitchen with gas cooking, wood cabinetry, refrigerator, and microwave, plus excellent storage with both an oversized entry closet and a walk-in closet that leads to the refreshed bathroom. Optional on-site parking, a pet-friendly policy, and the building’s proximity to restaurants, shopping, theaters, transit, Penn, Drexel, 30th Street Station, and major hospitals drive consistent rental demand from professionals, students, and medical staff, making this a rare chance to secure a stable, fully rented, income-producing property with strong long-term appreciation potential in one of Philadelphia’s most desirable neighborhoods. *Unit is tenant occupied, pictures are from a unit with similar layout&finishes.
Notes
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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, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 Bright MLS, Inc.
Presentation: © 2025 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the Pennsylvania Real Estate Commission - License RB066839
Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
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 sold or are no longer being offered for sale.
Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. For information on those properties withheld from the internet, please call 215-699-5555
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