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| Description |
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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.
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| Details |
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Architectural Type - Contemporary
Exterior Features - Masonry
HOA Frequency - Monthly
HOA Fee - $446
HOA Fee Includes - A/C unit(s), Common Area Maintenance, Air Conditioning, Ext Bldg Maint, Gas, Heat, Management, Sewer, Trash, Water
Community Features - Community Center, Elevator, Exercise Room, Fitness Center, Laundry Facilities, Meeting Room, Party Room, Security, Beauty Salon, Common Grounds
Cooling - Wall Unit, Electric
Heating - Wall Unit, Forced Air, Electric
Hot Water - Natural Gas
Sewer - Public Sewer
Water - Public
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