401 Lyceum Ave
$800,000
401 Lyceum Ave, Philadelphia, PA 19128
3,120 sqft
Building Size
1996
Year Built
Details:
Highlights:
- Days on Market: 18
- Heating: Baseboard - Electric
Description:
Corner
401 Lyceum is a light value-add 5-plex (5 units) apartment building located in Roxborough — a thriving submarket in NWPHL (Northwest Philadelphia) experiencing surging rental demand for its bucolic nature, access to amenities and parks, and connectivity to Philly's urban core. Also available with 4381 Pechin (next door - 5 units) and 359 Lyceum (5 units - on same block) — for a total of 15 units for $2,549,000. 401 Lyceum is comprised of four (4) 1bd x 1ba apartments and one (1) 2bd x 2ba apartment in a stately 3-storey, ±3120 SF Victorian-esque stone structure on an ideal corner lot. Invest in a Top-10 USA MSA with this 7.5% CAP multifamily real estate acquisition from How Properties, one of Philly's leading full-service real estate firms. Buy one, two, or all three buildings. Tangible financial upside exists via rent growth and OPEX minimization. Enquire within for financials.
Location
Gallery
