1324 Locust St #814, Philadelphia, PA 19107

Description

Discover a prime investment opportunity in the heart of Center City with this well-appointed unit in a historic hi-rise building. Built in 1900, this property combines classic architectural charm with modern amenities, making it an attractive option for savvy investors seeking rental income or long-term appreciation. This unit features a full bathroom and offers a spacious layout of 382 finished square feet, ideal for maximizing rental potential. The building boasts a comprehensive suite of association amenities, including a fitness center, concierge services, and security, enhancing the appeal to potential tenants. With included utilities such as electricity, water, and trash, managing expenses becomes straightforward, allowing for a more predictable cash flow. The location is a significant draw, situated in a vibrant urban environment with easy access to local attractions, dining, and entertainment. The absence of parking may encourage tenants to utilize public transportation or embrace the walkable lifestyle that Center City offers, further increasing demand. Investors will appreciate the low maintenance of this masonry construction and the potential for value appreciation in a growing market. With no pool or extensive outdoor maintenance, this property allows for a hands-off investment approach. Seize the opportunity to add this versatile unit to your portfolio and capitalize on the thriving rental market in Center City.