$650,000

517 N 35TH ST, Philadelphia, PA 19104

  • 2,364 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon871sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $275/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Turnkey Investment Opportunity! CASH COW in Powelton Village - 517 N. 35th Street is an income-producing, multifamily property located in the heart of Powelton Village. This well-maintained building features 8 self-contained studios, each with its own kitchenette and private bathroom, a low-maintenance, high-demand rental configuration ideal for the student rental and young professional tenant base. The property is currently grossing $80,940 annually, delivering strong, stable cash flow with potential upside through targeted improvements or rental increases. The layout includes 2 rooms on the first floor, 3 rooms on the second floor, and 3 rooms on the third floor. The building is fully leased and respectfully managed. All tenants pay separately for electric, internet and the landlord is responsible for water and common area electric. Located just blocks from Drexel University, the University of Pennsylvania, and Powelton Village, this asset benefits from strong demand from students, young professionals, and medical staff. It’s walkable to campus, SEPTA transit lines, restaurants, and local amenities. Buyer is responsible for verifying any and all zoning, licensure, and usage requirements with the City of Philadelphia.

Listing Status:
Active
Date Added:
August 1, 2025 at 05:00AM
Listing Office:
BHHS Fox & Roach-Center City Walnut : 2156276005
Listing Agent:
Frank L DeFazio : 6106364364
MLS ID:
PAPH2522082
  • A/C: Central A/C
  • Heating: Forced AirNatural Gas
  • Disability Feature: None

This listing courtesy of Frank L DeFazio, BHHS Fox & Roach-Center City Walnut

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Samuel Powel Elementary School

301 N 36th St, Philadelphia, PA, 19104

Grades KG-4

0.21 miles away

M

Morton McMichael School

3543 Fairmount Ave, Philadelphia, PA, 19104

Grades KG-8

0.23 miles away

P

Paul Robeson High School for Human Services

4125 Ludlow St, Philadelphia, PA, 19104

Grades 9-12

0.81 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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