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Listed by Tom Dilsheimer • Compass Pennsylvania, LLC
$750,000
Est. payment /mo
4,650 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 PAPH2638330
Year Built 1900
Tax Year 2025
Lot Size 4,650 Sqft
Acres 0.11
Lot Dimensions 38.00 x 124.00
Property Sub-Type Five Or More Units
Source BRIGHT
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.
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.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RTA1
Interior
Hot Water 60+ Gallon Tank
Heating Radiator
Cooling None
Flooring Hardwood, Tile/Brick
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Flat,Slate,Shingle
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 881822630
Ownership Fee Simple
Special Listing Condition Standard
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