Property Description:

Rushwood Apartments at 10825 E Keswick Rd, Philadelphia, PA 19154 offers modern 1- and 2-bedroom apartments in a beautifully landscaped, 14-acre community in Northeast Philly. Located just 16 miles (approximately 25 minutes) from downtown Philadelphia, this pet-friendly community provides easy access to I-95, Route 1, shopping, and entertainment.

Investment Highlights

• 1-Bedroom, 1-Bathroom: Rent: $1,499 | Annual Revenue: $38,000+ | Monthly Profit: $1,433
• 2-Bedroom, 1-Bathroom: Rent: $1,814
• Security Deposit: 1 month’s rent
• Pet-Friendly: Max 2 pets (Dogs: max 40 lbs, Cats allowed) | Pet Fee: $500 per pet | Pet Rent: $50/month per pet

Apartment Features

• Individually controlled gas heat, hot water, and central air conditioning
• Spacious walk-in closets
• Attached garages (select units)
• Full-size washer & dryer or hookups (select units)
• Stainless steel energy-saving appliances
• Ceramic tiled bathrooms
• Plush wall-to-wall carpeting
• Private balcony or patio (select units)
• Pool views (select units)

Community Amenities

• Resort-style pool with Wi-Fi
• Fitness center & yoga room
• Newly designed community Wi-Fi lounge
• Picnic area with grilling stations
• Abundant off-street parking
• Bike share program
• On-site maintenance & 24/7 emergency service
• On-site management & professional staff
• Walking distance to shopping
• Easy access to I-95, Route 1, and PA Turnpike

Nearby Attractions & Distances

• Downtown Philadelphia: 16 miles (25-minute drive)
• Pennypack Park: 3 miles (7-minute drive)
• Neshaminy Mall: 4 miles (10-minute drive)
• AMC Woodhaven 10: 2 miles (5-minute drive)
• Universities & Business Districts: Easily accessible

Rental Terms & Fees

• Lease Length: 1 Year+
• Security Deposit: 1 month’s rent
• Utilities: Tenant pays gas and electric; water included
• Pet Policy: Up to 2 pets allowed | $500 one-time fee per pet | $50/month per pet

As of February 10, 2025, non-owner occupied short-term rentals (STRs) in Philadelphia, PA are subject to strict regulations:

1. License Requirements:
   • Commercial Activity License
   • Rental License with a hotel designation25
   • Zoning Permit for Visitor Accommodation use (Fee: $25 for one and two-family dwellings or $100 for other buildings, plus $174 to issue the permit)5
2. Zoning Restrictions:
   • Non-hosted STRs can only operate in areas zoned for hotels
   • In non-hotel zoned areas, operators must request a zoning exception from the Zoning Board of Adjustment1
3. Registration:
   • Operators must register for a Business Income and Receipts Tax (BIRT) account with the city4
4. Listing Requirements:
   • Properties must have a city-issued license to be listed on platforms like Airbnb and Vrbo
   • Platforms are liable for listing unlicensed properties1
5. Taxes:
   • Operators must collect and remit Pennsylvania state hotel tax and Philadelphia city hotel tax1
6. Enforcement:
   • As of 2023, the city has increased enforcement efforts, working with booking platforms to identify and remove unlicensed listings4

Operators should carefully follow these regulations to avoid penalties and ensure legal operation of their short-term rentals in Philadelphia.