Property Description

Welcome to Lotus at 4037 Powelton Avenue, an architecturally distinctive four-unit multifamily investment opportunity in the heart of University City. Built in 2022 and benefiting from approximately 7 years remaining on Philadelphia's FULL tax abatement, this turnkey asset offers exceptional design, immediate cash flow, and low-maintenance ownership in one of Philadelphia's strongest rental markets. For added convenience, ownership can help future management, making for a truly seamless investment. The property features four spacious 3-bedroom, 2-bathroom residences, Never been vacant, all fully leased for another year and generating $11,132 per month in rental income. Each residence showcases premium finishes, including quartz countertops, contemporary cabinetry, stainless steel appliances, spa-inspired bathrooms, central HVAC, in-unit washer and dryer, smart entry, intercom system, customizable lighting, and designer finishes throughout. If you're looking for a completely turnkey investment with low operating expenses, minimal maintenance, and a property that essentially runs itself, this is the one. Whether you're completing a 1031 exchange or expanding your portfolio, Lotus offers modern construction, approximately seven years of remaining tax abatement, strong in-place income, transferable property management, and outstanding long-term appreciation potential in one of Philadelphia's premier investment corridors. Ideally located just minutes from The University of Pennsylvania, Drexel University, CHOP, HUP, and Penn Presbyterian Medical Center, the property benefits from consistent demand driven by graduate students, medical professionals, researchers, and young professionals. Residents also enjoy convenient access to Lancaster Avenue, local Parks, public transportation, and Center City.

Property Features

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