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. Josephs University, City Ave, and major transit, this property is perfectly positioned to capture consistent demand from professionals and students alike.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Heating and Cooling
- Cooling Features: Central A/C
- Heating Features: Radiator
- Heating: Yes
Appliances
Homeowners Association
- Association: Yes
- Association Fee: 889
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 889
- Pet Description: Cats OK, Case by Case Basis
- Cats Allowed: Yes
- Senior Community: No
School Information
- School District: PHILADELPHIA CITY
Other Property Info
- Annual Tax Amount: 1489
- Source Listing Status: Active
- County: PHILADELPHIA
- Disclaimer: Standard
- Ownership: Condominium
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: WYNNEFIELD HEIGHTS
- Postal Code Plus 4: 5305
- Subdivision: WYNNEFIELD HEIGHTS
- Township: PHILADELPHIA
Building and Construction
- Total Square Feet Living: 940
- Year Built: 1970
- Above Grade Finished Area: 940
- BelowGradeFinishedArea: 0
- Construction Materials: Masonry
- Levels: 1
- Property Age: 56
- Levels or Stories: 1
- Structure Type: Unit/Flat/Apartment
- Total Area Sqft: 940
- Elevator: Yes
- Architectural Style: Unit/Flat
Accessibility Features