905 07 S 48th Street, Philadelphia, PA 19143Asking Price of: $1,175,000
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This is the most glamorous rental property I've ever seen in my 40+ years of selling real estate in West Philly. By far. Affectionately known as "The Taj" for the intricacy and cost of the restoration work the current owners undertook after purchasing the property as a foreclosed shell in 1995, this 6516 sf, two-sides-of-a-twin building contains 6 gorgeous modern apartments with Victorian detail to charm discerning tenants. Four are 2 BR units and two are huge 1 BR units. Utilities including HVAC are separated and each unit has an in-unit washer & dryer. Every electrical line, every plumbing pipe and every HVAC system was new in 1995 (and has been updated as needed since then). The owners restored irreplaceable original details including hardwood flooring, woodwork, leaded glass, lighting fixtures and, where possible, bathroom tile and plumbing fixtures. The original butler's pantries still provide extra cabinet space in the two first floor kitchens. The front porches, plus a back porch at 907, still invite residents to sit outside on this beautiful block, just north of Windsor Ave. and a couple of blocks from the eclectic restaurants & shops on Baltimore Ave., West Philly's "main street." Residents can catch a trolley on Baltimore Ave. and be in center city in 15 minutes, or get off sooner at stops at UPenn, HUP, CHOP, Drexel University or the 30th St. transportation hub. For a landlord who cares about their portfolio and values the best of the best, The Taj will be a trophy property which will make them proud.