Property Description:

Luxury 1- to 3-bedroom loft-style apartments and townhomes at 4601 Flat Rock Rd, Philadelphia, PA 19127, offering high-end finishes and modern amenities in the heart of Manayunk. Located just 7 miles (approximately 20 minutes) from downtown Philadelphia, this community provides upgraded interiors, resort-style amenities, and convenient public transportation and shopping access.

Investment Highlights

• 1-Bedroom, 1-Bathroom: Rent: $2,333
• 2-Bedroom, 2-Bathroom: Rent: $2,295
• 3-Bedroom, 2-Bathroom: Rent: $2,605 | Annual Revenue: $72,708+ | Monthly Profit: $3,119
• Townhomes Available: 2- and 3-bedroom units
• Security Deposit: $999 - 1 month’s rent
• Application Fee: $90
• Admin Fee: $300
• Utilities: Not included, billed separately

Apartment & Townhome Features

• Gourmet kitchens with stainless steel appliances & granite countertops
• Breakfast bar seating
• 9' ceilings & large windowed walls with views of the river, canal, or courtyard
• Hardwood floors in foyers, kitchens, dining & living rooms
• Marble master baths (some with deep linen storage)
• Huge walk-in closets & ample storage
• Vivint Smart Home features (select units)
• Alexa & Google Home compatibility

Community Amenities

• State-of-the-art fitness center overlooking the Manayunk Canal
• Outdoor BBQ & deck area
• Bark park & pet-friendly living
• There is a bocce ball field & jogging trail right outside your door
• Game room with billiards & shuffleboard
• Bike storage & private gated parking
• Front desk attendant during mornings & evenings
• Exclusive Esusu partnership (build credit through renting)

Nearby Attractions & Distances

• Main Street Manayunk Shopping District: Walking distance
• Downtown Philadelphia: 7 miles (20-minute drive)
• Saint Joseph’s University & Jefferson University: Nearby
• University of Pennsylvania: 10 miles
• Temple University Hospital: 20-minute commute

Rental Terms & Fees

• Lease Length: 1 Year+
• Security Deposit: $999 - 1 month’s rent
• Utilities: Not included, billed separately
• Application Fee: $90
• Admin Fee: $300

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.