434 N 38TH ST Philadelphia, PA 19104

Investor alert: seize this value-add University City opportunity! This four bedroom, 3-story property close to the Drexel U campus, previously rented for 2,200/month, is now available. Located around the corner from the 3.5 billion Schuylkill Yards project and Amtrak's 30th Street Station master-planned community (the 3rd busiest commuter station in the USA), 434 N 38th is zoned for multifamily living. Savvy builders can renovate to create multiple units and maximize the building's potential for rental income from Drexel students. Easy access to I-76, Center City, Schuylkill River Trail, Boathouse Row, Art Museum and more. Interior needs cosmetic upgrades but many redeeming features currently exist such as built-in storage, huge bedrooms (great for students!),two full bathrooms, plenty of natural light, and a large lot footprint. RM1 zoning classification on the property allows investors to create maximum rental stream with the creation of multiple units by-right. Rental market is as strong as ever and will continue to grow with BILLIONS being invested over the next two decades in 19104...BILLIONS!