318-20 N Budd St, PHILADELPHIA
MLS® # PAPH2454492
SHOVEL READY , SHOVEL READY , SHOVEL READY !! WELCOME TO ONE OF THE LIFE TIME OPPORTUNITY TO START 7 UNIT APARTMENT RIGHT BY DREXEL AND UPENN CAMPUS. THE LOCATION IS BOOMING. THERE ARE MULTIPLE NEW CONSTRUCTION ON THE SAME BLOCK WITH ESTABLISHED RENTAL MARKET. GREAT LOCATION FOR RENTAL MARKET. ! THE PROJECT IS FULLY APPROVED FOR 7 UNIT AND WILL DELIVERED WITH ALL APPROVED PLANS AND PERMITS AS WELL AS APPLIED 10 YEARS TAX ABATEMENT. THE UNITS BREAKDOWN ARE AS FOLLOWS:
3 - 3 BEDROOM AND 2 BATH
1 - 3 BEDROOM AND 3 BATH
1- 4 BEDROOM AND 4 BATH
1- 2 BEDROOM AND 2 BATH
1- 1 BEDROOM AND 1 BATH
EXPECTED RENTAL INCOME IS 800-850$ PER ROOM WHICH MAKES 16150 + PER MONTH. THIS MONEY MACHINE IS WAITING FOR ITS NEW BUILDER TO MAKE IT LIVE. PLEASE DRIVE BY AND MAKE AND OFFER. YOU WILL NOT BE DISAPPOINTED!!.
B.S: APPROVED PLAN IS ATTACHED ON MLS
THE SCHOOL DISTRICT OF PHILADELPHIA
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Listing information last updated on May 5th, 2025 at 4:16pm EDT.