5036 Catharine St, Philadelphia, PA 19143

Property Description

A legal triplex in the heart of University City presents an exceptional opportunity whether you're seeking a house-hack with built-in rental income or a fully stabilized investment property in one of Philadelphia's strongest rental markets. Situated steps from Drexel University, the University of Pennsylvania, Penn Medicine, and CHOP, this property sits at the intersection of consistent tenant demand and long-term appreciation. This three-unit building offers well-proportioned layouts across all units, each with separate utilities, central air and heat, private entrances, and private basement laundry. The configuration is ideal for an owner-occupant to occupy one unit while the remaining two cover a significant portion — or all — of the mortgage. Investors will appreciate the potential for minimal vacancy given the neighborhood's year-round renter pool of students, medical professionals, university staff, and young professionals. University City is one of Philadelphia's most supply-constrained rental submarkets. Anchored by Penn, Drexel, Jefferson Health, and a growing cluster of biotech and tech employers along the Schuylkill, demand for quality rental housing consistently outpaces supply. The neighborhood's walkability, SEPTA access (trolleys, subway, and regional rail), and proximity to Center City make it attractive to a wide and diverse renter base year-round — not just during the academic calendar.