3627 POWELTON AVE Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19104
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,960 sqft
Price per Sqft $337
MLS Listing ID PAPH2420424
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $6,262
Tax Year 2022
Lot Size 2,925 Sqft
Acres 0.07
Property Description
INVESTORS ALERT!!! Welcome to this 5 unit investment property, walking distance from Drexel University and University of Pennsylvania. Property includes 4 One Bedroom units and 1 Two Bedrooms, currently fully occupied on month-to-month leases with long term tenants, grosing a total rental income of $65,000.00. Because of the long term tenants, monthly rents are under current market fair value, and the property has a potential of grossing a minimum of at least $80,000.00/year, in a prime location. All utilities are seperate and all tenants have access to the basement, which is used for storage and provides all habitants access to a washer and dryer. Make your appointment today!!!
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RTA1
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Central A/C
Inclusions All appliances provided by the current seller.
Heat Source Electric
Exterior
Garage Spaces 2.0
Waterfront N
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Foundation Other
Sewer Public Septic
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 241151200
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash,Conventional,Negotiable
Listing Terms Cash,Conventional,Negotiable
Financing Cash,Conventional,Negotiable
Special Listing Condition Standard