3627 Powelton Ave, Philadelphia, PA 19104

$985,000
2,712
SqFt

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List Price
$985,000
Days on Market
146
Status
ACTIVE
MLS#
PAPH2609966
Living Area
2,712
Lot Size (Acres)
0.07
Style
Colonial
Year Built
1915
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

Welcome to 3627 Powelton Ave, located in the heart of University City within 10 minutes of walking distance from Drexel University. The property has 5 units, including 4 one bedroom and 1 two bedrooms apartment, which are all fully occupied. Total gross rental income is $70,000.00/year because of long term tenants with opportunity to upgrade from $80,000.00-90,000.00 with little cosmetics. Offering a capitalization rate of over 6% in one of the most attractive areas of University City, makes this multi-family property, a great asset to be added to your real estate portofolio. All negotiation and showing requests are handled through the listing agent, and seller will be very generous to the buyer’s agent who brings the right offer to the table. Property sold in as-is condition! Want to get more details, reach out and make this University City gem yours today!

Additional Information

Area
19104 (19104)
Taxes
$10754
School District
The School District Of Philadelphia
Flooring
Hardwood
Heating
Baseboard - Hot Water
Heating Fuel
Natural Gas
Cooling
Wall Unit
Water
Public
Sewer
Public Sewer
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of Realty ONE Group Focus. Contact: 2153968117