800 N 63rd Street

PHILADELPHIA, Pennsylvania 19151

-- Below Market Rents: Increase Rents to Market Pricing with Cosmetic Renovations -- Proximity to Public Transportation: Walk to SEPTA's Market-Frankford Line, Trolley and Bus Routes-- Access to Major Arteries: City Avenue (Route 1), Lancaster Avenue (Route 30), and Interstates 76 and 476-- Convenient to Area's Top Employers: Lankenau Medical Center, St. Joseph's University, University of Pennsylvania, Drexel University, Penn Medicine, CHOP & VASituated on the northwest corner of North 63rd Street and Lansdowne Avenue, the property boasts high visibility and is comprised of 5 apartment units and 7 street-level commercial spaces. The Property features (2) one-bedroom apartments and (3) two-bedroom apartments. The apartments are large with efficient layouts and boast plenty of natural light due to the corner location of the building. The units are currently rented under market rate. Rents can be boosted significantly for additional income with light cosmetic renovations. Currently, the commercial spaces are leased by an adolescent daycare provider, a clothing store, a barber, and a salon. Located on the borders of the Carroll Park and Overbrook Park neighborhoods in West Philadelphia, the Property is well located for transportation purposes. It is a short walk to the 10 and 15 trolley lines, sits near major bus routes, and is 1.5 miles from SEPTA's 60th Street subway station and 69th Street Transportation Center. In addition, the Property provides convenient access to City Avenue (Route 1) and Lancaster Avenue (Route 30) that feeds into Interstates 76 and 476 for access to the area's top employers, shopping, recreation and entertainment in Center City Philadelphia and the surrounding suburbs.