3627 POWELTON AVE, Philadelphia, PA 19104
3627 POWELTON AVE, Philadelphia, PA 19104
3627 POWELTON AVE, Philadelphia, PA 19104
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Joseph Asterino

Joseph Asterino

+1(484) 955-6711
Listed by Nelson Sinanaj • Realty ONE Group Focus
$985,000
Est. payment /mo
2,712 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,712 sqft

Price per Sqft $363

MLS Listing ID PAPH2609966

Style Colonial

Abv Grd Liv Area 2,712

Year Built 1915

Annual Tax Amount $10,754

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

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!

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RTA-1

Rooms

Basement Unfinished

Interior

Hot Water 60+ Gallon Tank

Heating Baseboard - Hot Water

Cooling Wall Unit

Flooring Hardwood

Inclusions All appliances

Fireplace N

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Water Access N

Accessibility Level Entry - Main

Total Parking Spaces 2

Garage N

Building

Foundation Brick/Mortar

Above Ground Finished SqFt 2712

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 241151200

Ownership Fee Simple

SqFt Source 2712

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)

Nearby School & Business

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Joseph Asterino

Joseph Asterino

+1(484) 955-6711

Broker Associate | License ID: AB066344

Broker Associate License ID: AB066344

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