T. Wesley Poss
Office: 301.698.3232
Cell: 301.991.2321
619 N 35th St, PHILADELPHIA
$4,000,000
0 Beds
0 Baths
13,822 Sqft
.14 Acres
0 Garages
We proudly present a Newly constructed multifamily building in University City, just steps from Drexel and UPenn. This fully leased property offers 11 residential units with 33 bedrooms and 33 bathrooms, plus 1,500 SF of retail space. Every unit features private bathrooms, large living areas, and modern finishes. Includes a 10-year tax abatement. With an annual gross income of $302,448, operating expenses of $52,972, and a net income of $249,475, this property offers a strong 6.24% cap rate. Ideal for investors seeking a turnkey asset in a prime, high-demand rental market.
Essential Information
MLS® #PAPH2423062
Price$4,000,000
Bathrooms0.00
Square Footage13,822
Acres0.14
Year Built1920
TypeMulti-Family
Sub-TypeOther, Detached
StyleCondo/Unit, Split Level
StatusActive
Community Information
Address619 N 35th St
Area19104
CityPHILADELPHIA
CountyPHILADELPHIA-PA
StatePA
MunicipalityPHILADELPHIA
Zip Code19104
Interior
HeatingCentral
CoolingCentral A/C
# of Stories3
Exterior
FoundationConcrete Perimeter, Other
District
THE SCHOOL DISTRICT OF PHILADELPHIA
Additional Information
ZoningCMX2
Listing Details
Office Contact(609) 399-5454
Office
Keller Williams Realty - Ocean City
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Listing information last updated on January 6th, 2025 at 5:15pm EST.
