PA > Philadelphia
Philadelphia, PA 19104,517 N 35TH ST
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
2
Aug
Sun
3
Aug
Mon
4
Aug
David Burris

David Burris

+1(609) 304-4202
Listed by Frank L DeFazio • BHHS Fox & Roach-Center City Walnut
$ 650,000
Est. payment | /mo

2,364 SqFt

Save
$ 650,000
Est. payment | /mo
Save

2,364 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,364 sqft

Price per Sqft $274

MLS Listing ID PAPH2522082

Style Other

Abv Grd Liv Area 2,364

Year Built 1930

Available Date 2025-08-01

Annual Tax Amount $11,296

Tax Year 2024

Lot Size 963 Sqft

Acres 0.02

Lot Dimensions 18.00 x 55.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

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.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning CMX1

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 242159900

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)

GET MORE INFORMATION

agent
David Burris

Agent | License ID: 1973254

+1(609) 304-4202

513 S Lenola Rd, Moorestown, NJ, 08057, United States

Name
Phone
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of North Point Real Estate Group of Keller Williams, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

517 N 35TH ST

QUICK SEARCH
There are 19 quick searches