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Listed by Tom Dilsheimer • Compass Pennsylvania, LLC
$725,000
Est. payment /mo
3,000 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision University City
MLS Listing ID PAPH2638334
Year Built 1920
Tax Year 2025
Lot Size 3,000 Sqft
Acres 0.07
Lot Dimensions 25.00 x 120.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
3606 Powelton Ave is a 6-unit apartment building offered in Philadelphia's premier academic rental corridor, situated directly in Powelton Village steps from Drexel University's main campus. Built in 1920 and carrying roughly 3,150 square feet of improvement area on a 3,000-square-foot lot with 25 feet of frontage, the property reflects the classic three-story Powelton Village building stock that has anchored this submarket for over a century. The building has operated continuously as licensed rental housing, and comes with current sprinkler and fire alarm certifications in place, giving a buyer confidence in the asset's life-safety compliance from day one.
For an investor seeking a stabilized, income-producing asset in a submarket where replacement supply is constrained, 3606 Powelton Ave offers a straightforward opportunity to acquire a fully-tenantable, institutionally-maintained 6-unit building in one of University City's most in-demand rental pockets. Contact us for the rent roll, financials, and showing availability.
For an investor seeking a stabilized, income-producing asset in a submarket where replacement supply is constrained, 3606 Powelton Ave offers a straightforward opportunity to acquire a fully-tenantable, institutionally-maintained 6-unit building in one of University City's most in-demand rental pockets. Contact us for the rent roll, financials, and showing availability.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RTA1
Interior
Hot Water 60+ Gallon Tank
Heating Radiator
Cooling None
Flooring Hardwood
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Flat,Slate
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 881822610
Ownership Fee Simple
Special Listing Condition Standard
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