3613 Powelton Ave, Philadelphia, PA 19104

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List Price
$750,000
Days on Market
47
MLS#
PAPH2638330
Status
ACTIVE UNDER CONTRACT
Type
Commercial
Year Built
1900
County
Philadelphia
Region
19104 (19104)
Neighborhood
University City
Subdivision
University City

Property Description

Presenting a rare income-producing asset in the heart of Powelton Village, one of University City's most sought-after historic districts. This handsome stone Victorian twin at 3613 Powelton Ave offers 4,111 square feet across six residential units, blending timeless architectural character — a mansard roof, dormer windows, and a wraparound covered porch with decorative columns — with the steady rental demand of a top-tier Philadelphia submarket. The building is configured as six self-contained one-bedroom, one-bath apartments, making it a turnkey fit for the area's deep tenant pool of Drexel University and University of Pennsylvania students, faculty, and young professionals. The property sits just a few minutes' walk from Drexel's campus, with Penn and Community College of Philadelphia also close by, and easy access to Center City via nearby transit and Market Street corridors. The property benefits from the area's protected historic character while offering an investor the chance to capture strong, consistent rental income in a supply-constrained, high-demand rental corridor. This is an excellent opportunity for an investor seeking a stabilized multi-family asset with upside potential in unit finishes and rent growth. Contact listing agent for current rent roll, financials, and showing details.

Additional Information

Acres
0.11
Lot Size
4,791
Roof
Flat, Slate, Shingle
Cooling
None
Heating
Radiator

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Calculator source: Real Geeks

Listing courtesy of Compass Pennsylvania, LLC. Contact: 6108223356