Description
This fully leased studio condo at Riverwest presents a turnkey investment opportunity, generating $1,400/month in rent with a lease secured through June 2026, offering immediate and predictable income in a high-demand Center City location. With all utilities included in the rent and condo fee—covering gas, water, electricity, basic cable, building insurance, on-site maintenance, a 24-hour lobby attendant, and a state-of-the-art fitness center—ownership is simple, low-maintenance, and cost-efficient. The unit itself is updated and well maintained, featuring upgraded flooring, oversized windows with abundant natural light and unobstructed city views, a practical kitchen with gas cooking, wood cabinetry, refrigerator, and microwave, plus excellent storage with both an oversized entry closet and a walk-in closet that leads to the refreshed bathroom. Optional on-site parking, a pet-friendly policy, and the building’s proximity to restaurants, shopping, theaters, transit, Penn, Drexel, 30th Street Station, and major hospitals drive consistent rental demand from professionals, students, and medical staff, making this a rare chance to secure a stable, fully rented, income-producing property with strong long-term appreciation potential in one of Philadelphia’s most desirable neighborhoods. *Unit is tenant occupied, pictures are from a unit with similar layout&finishes.
- Principal and Interest
- Property Tax
- HOA fee
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