Property Description

Investor Opportunity – Secure immediate and stable rental income with this fully leased studio condo at Riverwest, currently generating $1,400/month with a lease in place through August 2027 and all utilities included for simplified cash flow. This well-maintained unit features upgraded flooring, oversized windows with unobstructed city views, a functional kitchen with gas range, refrigerator, microwave, and wood cabinetry, plus excellent storage with both an oversized entry closet and a walk-in closet leading to the freshly tiled bathroom with reglazed tub. Ownership is low-maintenance thanks to a condo fee that covers all utilities (gas, water, electricity), basic cable, building insurance, on-site maintenance, a 24-hour lobby attendant, and a state-of-the-art fitness center, with on-site parking also available for an additional fee. The building is pet-friendly and ideally located near restaurants, shopping, theaters, and public transportation, with close access to Penn, Drexel, 30th Street Station, and major hospitals—ensuring strong rental demand and long-term stability. This turnkey condo offers investors an attractive opportunity for consistent cash flow and solid appreciation potential in one of Philadelphia’s most desirable urban neighborhoods. *Unit is tenant occupied, pictures are from a unit with similar layout finishes.

Property Features

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