Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
1915
Sq.Footage
2,712
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!
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
N/A
-
Above Grade Finished Area
2712.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Wall Unit(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Baseboard
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Leased, Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.07
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Colonial
Price
-
Sales Price
$985,000
-
Tax Amount
$10,754
-
Zoning
Twin Semi-Detached Mutli Family
-
Sq. Footage
2, 712
-
Price/SqFt
$363
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Brick/Mortar
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Nelson Sinanaj , Realty ONE Group Focus
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AGENT
Kelly & Alan Haga
Call Kelly & Alan today to schedule a private showing.
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