For Sale

Description

Welcome to 305 N 41st Street, a fully leased triplex offering immediate cash flow and exceptional long-term upside in one of Philadelphia’s fastest-growing development corridors. Whether you are an investor seeking a strong addition to your portfolio or a buyer looking to owner-occupy and house hack, this property presents a compelling opportunity in the heart of West Powelton. The building consists of three well-maintained 2-bedroom, 1-bath apartments, each featuring hardwood flooring, in-unit laundry, and recently upgraded kitchens and bathrooms. Kitchens include granite countertops, white cabinetry, and newer appliances, while the bathrooms offer updated fixtures and modern finishes. The property is turn-key and fully leased, providing immediate income from day one. The lower-level unit is the largest, offering private outdoor patio space and direct basement access, ideal for additional storage. All units are accessed through a shared foyer and common hallway, providing convenient yet private entrances for residents. Positioned within a major development and institutional growth area, the property benefits from strong and consistent rental demand. It is walkable to multiple major university campuses, including UPenn and Drexel, and minutes from University City’s hospitals, research centers, and expanding commercial corridors. Located just two blocks from 40th Street Station, the property offers exceptional connectivity via rail, trolley, and bus routes. With a Walk Score of 85 and Transit Score of 99, residents enjoy easy access to Market Street, Lancaster Avenue, Spring Garden Street, Center City, I-76, and I-95. With its prime location, strong tenant demand, and proximity to some of Philadelphia’s largest employers and universities, 305 N 41st Street represents a rare opportunity to secure a fully leased asset in a high-growth neighborhood with significant long-term appreciation potential.