3925-29 Haverford Ave, PHILADELPHIA

$9,000,000

0 Beds
0 Baths
42,256 Sqft
.27 Acres
0 Garages

Introducing: GRANDVIEW WEST. This exceptionally-designed, 42,256 SF multifamily investment property is a turnkey blue-chip apartment building offered substantially below replacement costs in a national high-growth submarket (University City Philadelphia). Anchored by ground floor commercial space (950 SF), 33 apartments rise 4 storeys up to a rooftop terrace with panoramic vistas of Downtown Philly and the surrounding University City cityscape. The unit matrix includes one (1) commercial unit, two (2) 1bd, twenty-nine (29) 2bd, and two (2) 3bd apartments. Average size for the apartment units is a generous 1,143 SF — well in excess of market averages. $1939/unit is the average rental price. The oversized apartment homes feature modern fit + finish kits including high ceilings, window treatments, stone countertops, carpeted bedrooms with spacious closets, sleek LVP flooring in kitchens and living areas, custom shaker cabinetry and contemporary bath suites. Keyless entry and digital high-tech security intercoms provide a seamless building access experience. A fully-equipped fitness center and deluxe lounge/bar/kitchen are located on the ground floor, providing 24-hr access and enjoyment for residents. Positioned on Haverford Avenue (just off Lancaster Avenue—main commercial corridor), everything in Philly is within walking distance of GRANDVIEW WEST. Situated in UCITY, Philadelphia's fastest-growing powerhouse economic district, GRANDVIEW WEST Apartments represents one of the finest acquisition opportunities in the Greater Philadelphia MSA to purchase a "like new" construction stabilized asset in a coveted Philly neighborhood. “EDS & MEDS”: Penn and Drexel are nearby, as well as Schuylkill Yards, Spark Therapeutics, Amtrak's 30th St Station, HUP, CHOP, Science Center + more — the region's leading higher education institutions, innovation districts, biomed + life sciences and top-tier employers are immediately accessible to GRANDVIEW WEST, providing rentability ease + investment certainty for Ownership. 10 year tax abatement.

Essential Information
MLS® #PAPH2387168
Price$9,000,000
Bathrooms0.00
Square Footage42,256
Acres0.27
Year Built2018
TypeCommercial Sale
Sub-TypeFive Or More Units
StatusActive
Community Information
Address3925-29 Haverford Ave
Area19104
SubdivisionUNIVERSITY CITY
CityPHILADELPHIA
CountyPHILADELPHIA-PA
StatePA
MunicipalityPHILADELPHIA
Zip Code19104
Amenities
ViewCity
Interior
HeatingCentral
CoolingCentral A/C
# of Stories4
Exterior
RoofFiberglass
District

THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Information
ZoningRM1
Listing Details
OfficeKeller Williams Liberty Place
Office Contact6093995454
Property History
Status Changed from Coming Soon to Active
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Listing information last updated on December 22nd, 2024 at 7:15pm EST.

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