Incredible turn-key investment property! 4220 Powelton Ave, a well maintained house, is fully occupied until the end of August 2025. This cash flowing property is in a prime Drexel University off campus student housing location! The property boasts a well established record of Tenant payment history. Current rent: $2500/month, tenants pay all utilities, and with room to increase rent starting in September 2025. Many of this home's amazing features include: 4beds/2 large baths, separate living room, dining room and kitchen spaces. HUGE backyard with lots of patio and garden space (could be used as a double lot, may be able to subdivide.). There is also a gated side walkway. Located directly across the street from Drexel's Practice Fields makes 4220 Powelton Ave very popular with students. The walkout basement with headspace is perfect for storage or other uses. Within walking distance to Drexel University and all the dining and entertainment the area has to offer, this property is perfect to add to your portfolio. Schedule your appointment today!
Listed by:
RE/MAX Plus
Source:
BRIGHT MLS
Date | Days Ago | Event | New Price |
---|---|---|---|
Dec 6, 2024 | 18 days ago | Price decreased14,999 (4%) | $355,000 |
Nov 15, 2024 | 1 mo ago | Price decreased10,000 (3%) | $369,999 |
Oct 21, 2024 | 2 mos ago | Price decreased5,000 (1%) | $379,999 |
Sep 24, 2024 | 3 mos ago | Price decreased5,000 (1%) | $384,999 |
Sep 13, 2024 | 3 mos ago | Price decreased5,000 (1%) | $389,999 |
Aug 29, 2024 | 4 mos ago | Price decreased5,000 (1%) | $394,999 |
Aug 11, 2024 | 4 mos ago | New on market | $399,999 |