$ 545,000
-
$545,000
Price -
5
Bed -
4
Bath -
2,499
SqFt
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About the Listing MSCH05 - 3269967
Fully leased corner triplex in highly desirable Powelton Village, directly adjacent to University City. This prime location is surrounded by major employment and demand drivers including Drexel University, University of Pennsylvania, Children’s Hospital of Philadelphia (CHOP), and Penn Presbyterian Medical Center. The strong institutional presence supports consistent rental demand, low vacancy, and excellent long-term investment performance. The property is currently generating $46,200 in annual gross rental income with all units occupied and leases in place. The unit mix includes one 1-bedroom, 1-bath apartment featuring a private side patio and two 2-bedroom, 1-bath apartments. All three units have updated bathrooms. Additional features include separate electric meters (tenant-paid utilities), shared basement laundry, accessible mechanicals, and water heaters replaced in 2026. This low-maintenance, turnkey investment property delivers immediate cash flow and strong rental yields in one of Philadelphia’s most established rental corridors. The corner positioning provides superior natural light and a more open feel than typical interior row homes. Convenient access to public transportation, Center City, dining, shopping, and major hospitals further enhances tenant appeal.
Listing Highlights
Status
Active
Days on Site
103
Property Type
Multi-Family
MLS ®
PAPH2587784
Year Built
1920
Total Square Footage
2,499
Lot/Acreage
0.02
County
Philadelphia
Neighborhood
Powelton Village
Area
19104 (19104)
School District
Philadelphia City
Interior Details
- Bedrooms: 5
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2499
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: RM1
- Roof: Flat
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $7,298
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
3800 Spring Garden St Philadelphia, PA 19104
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