2047 Fitzwater Street – Philadelphia

2047 Fitzwater Street; Philadelphia, PA 19146

Property Details

  • Price-
  • Property TypeMulti Unit Housing
  • NeighborhoodGraduate Hospital
  • Number of Units5
  • Lot Size0.03 acres
  • Price/Unit-
  • Price/Bedroom-
  • Year Built1900

Investment Highlights

  • Excellent Location: Graduate Hospital Section of Philadelphia
  • Turn-Key Operation: No Deferred Maintenance
  • Below Market Rents: Opportunity to Increase Rents 10% to 15%
  • Tenants Pay Utilities: Electric, Heat and Hot Water Paid by Tenants
  • Recent Capital Improvements: All Kitchens Renovated within Last 3 Years

Investment Overview

Rittenhouse Realty Advisors extends qualified investors the opportunity to acquire the fee simple interest for five apartment units located at 2047 Fitzwater Street in the desirable Graduate Hospital Area of Center City Philadelphia. All units are one-bedroom with individual gas-fired, forced air furnaces that includes air conditioning. Rents significantly below market (10% to 15%). Tenants pay electric, heat and hot water. In addition, current ownership has renovated all kitchens within the last three years. This outstanding opportunity allows a new owner to increase rents 10% to 15% with no capital improvements in one of the City’s most vibrant young professional neighborhoods.

Property Status

NOTE: This property is no longer available.


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