PA > Philadelphia
Philadelphia, PA 19104,619 N 35TH ST
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Philadelphia, PA 19104,619 N 35TH ST
Philadelphia, PA 19104,619 N 35TH ST
Philadelphia, PA 19104,619 N 35TH ST
Philadelphia, PA 19104,619 N 35TH ST
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Becky Shaible

Becky Shaible

+1(570) 971-7833
$ 3,750,000
Est. payment /mo
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Active

619 N 35TH ST Philadelphia, PA 19104

13,822 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 13,822 sqft

Price per Sqft $271

MLS Listing ID PAPH2423062

Style Unit/Flat,Split Level

Abv Grd Liv Area 13,822

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $8,398

Tax Year 2024

Lot Size 6,000 Sqft

Acres 0.14

Lot Dimensions 60.00 x 100.00

Property Sub-Type Detached

Property Description

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 6.653% cap rate. Ideal for investors seeking a turnkey asset in a prime, high-demand rental market.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning CMX2

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Accessibility Other, Level Entry - Main

Garage N

Building

Foundation Concrete Perimeter, Other

Sewer Public Sewer

Water Public

Architectural Style Unit/Flat, Split Level

Additional Building Above Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871600765

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Other, Conventional

Listing Terms Cash, Other, Conventional

Financing Cash,Other,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Or Aharon • Keller Williams Realty - Ocean City
agent

Becky Shaible

Marketing Real Estate at the Highest Level in PA | UnknownRS343194

+1(570) 971-7833

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