2311 Christian St

Highlights:

• Days on Market: 86
• Heating: Radiator

Description:

Outstanding Investment Opportunity – 5-Unit Apartment Building in Graduate Hospital
Explore a remarkable investment in the highly sought-after Graduate Hospital neighborhood in Philadelphia. This 5-unit apartment building boasts a respectable 6.31% Cap Rate, stable tenant base with long-term residents, ensuring a consistent and dependable rental income stream, while also offering potential for increased value through higher rents which are currently below market. Situated on a desirable Christian Street near restaurants, parks, and public transportation, the property provides exceptional walkability and convenience for tenants. A superb asset for any investment portfolio, this building offers immediate income as well as strong potential for future appreciation. Graduate Hospital neighborhood ratings:


• Walk Score: 95 (Walker’s Paradise – daily errands can be accomplished without a car)



• Transit Score: 85 (Excellent Transit – public transportation is convenient for most trips)



• Bike Score: 94 (Biker’s Paradise – daily errands can be easily completed on a bike)




These impressive scores make the area highly attractive to both renters and investors.

Current Cap rate 6.31%