Description
Secure a high-performing asset in the River Park House condominiums. With Unit 307 at River Park House, a stabilized investment opportunity currently generating $1,600/month in gross rental income. With a lease secured through the summer, this property offers immediate cash flow and a de-risked transition for the incoming owner. This one-bedroom, one-bathroom residence features a spacious open layout, generous storage, and the high-demand convenience of an in-unit washer and dryer. The investment is further bolstered by an all-inclusive HOA fee that covers all utilities, simplifying the expense profile and protecting margins against fluctuating costs. Residents enjoy full-service amenities including a 24-hour front desk, fitness center, pool, and on-site retail, all situated on the edge of Fairmount Park. Located in a high-occupancy hub with immediate proximity to PCOM, St. Joseph’s University, City Ave, and major transit, this property is perfectly positioned to capture consistent demand from professionals and students alike.
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1BEDS
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N/AACRES
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1BATHS
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01/2 BATHS
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940SQFT
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$133$/SQFT
Description
Secure a high-performing asset in the River Park House condominiums. With Unit 307 at River Park House, a stabilized investment opportunity currently generating $1,600/month in gross rental income. With a lease secured through the summer, this property offers immediate cash flow and a de-risked transition for the incoming owner. This one-bedroom, one-bathroom residence features a spacious open layout, generous storage, and the high-demand convenience of an in-unit washer and dryer. The investment is further bolstered by an all-inclusive HOA fee that covers all utilities, simplifying the expense profile and protecting margins against fluctuating costs. Residents enjoy full-service amenities including a 24-hour front desk, fitness center, pool, and on-site retail, all situated on the edge of Fairmount Park. Located in a high-occupancy hub with immediate proximity to PCOM, St. Joseph’s University, City Ave, and major transit, this property is perfectly positioned to capture consistent demand from professionals and students alike.
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