Well maintained 7 unit apartment building is located on a quiet tree lined street in close proximity to downtown, college, and transportation. Built as apartments in the 1920s, this investment has always provided a steady rental income, or perhaps could be converted to condominiums. New condo construction nearby is selling out with units in the $800K-$1300K price range. The units at 139 Rutgers have spacious living and dining rooms, 5-2BR, 1-3BR, and 1-1BR. 6 units have installed Bosch washers and dryers. The new main heater was replaced in 2016, roof 2018, and driveway 2025. 3 units pay their own heat and hot water. #2's HVAC was replaced in 2025.
For sale by owner
$2,750,000
139 Rutgers Ave, Swarthmore, PA 19081
14beds
7,200sqft
Est.:
MultiFamily
Built in ----
-- sqft lot
$-- Zestimate®
$382/sqft
$-- HOA
Overview
What the owner loves about this home
139 Rutgers represents a great opportunity to acquire a very well maintained apartment complex with a stable income stream. Strong occupancy history conveniently located within close proximity to nearby amenities.
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