Value-Add Student Housing
1544 Willington St Philadelphia, PA 19121
For Sale
Contact for pricing
Pending
Built in 2014 and fully leased, with an unfinished basement space that may be converted for additional room income.
Days on Market107
Property Features for 1544 Willington St
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing Agency:
Alpha Realty Advisors (ARA)
Listed By:
Gene Zlotnikov · License #PA RS319486
Source:
Crexi
Added: Apr 10
Changed: Jul 23
Last Checked: Jul 24 at 6:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alpha Realty Advisors (ARA)
Investment Insights
Based on property information with market context.
This value-add multifamily property was built ground up in 2014 and is currently fully leased. The existing leases run from August 2019 through August 2020. The property also has approximately five years remaining on its tax abatement.
In addition to the current leased configuration, there is a large unfinished space in the basement that can be converted to an additional room to help increase potential revenue. The property is located in the Temple U off-campus housing area of Philadelphia, PA.
In addition to the current leased configuration, there is a large unfinished space in the basement that can be converted to an additional room to help increase potential revenue. The property is located in the Temple U off-campus housing area of Philadelphia, PA.
Key Highlights
- Built in 2014 and currently fully leased for $6,700/month
- Leases run from August 2019 through August 2020
- 5 years remaining on the tax abatement
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
FAQs
What type of property is this?
Multifamily property - Built in 2014 and fully leased, with an unfinished basement space that may be converted for additional room income.
Where is this multifamily property located?
The property is located at 1544 Willington St Philadelphia, PA.
What are key features of this property?
This property features: Built in 2014 and currently fully leased for $6,700/month; Leases run from August 2019 through August 2020; 5 years remaining on the tax abatement
