CHARIS REALTY GROUP

Colonial

3627 POWELTON AVENUE

PHILADELPHIA, PA 19104

MLS#: PAPH2609966

$985,000

Status: Active
Listing number: PAPH2609966
Listing provided by: Realty ONE Group Focus
Listing agent phone: None
Last update: 5 months ago
On site: 5 months ago
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Property

Beds

6

Full Baths

None

1/2 Baths

None

Year Built

1915

Sq.Footage

2,712

Welcome to 3627 Powelton Ave, located in the heart of University City within 10 minutes of walking distance from Drexel University. The property has 5 units, including 4 one bedroom and 1 two bedrooms apartment, which are all fully occupied. Total gross rental income is $70,000.00/year because of long term tenants with opportunity to upgrade from $80,000.00-90,000.00 with little cosmetics. Offering a capitalization rate of over 6% in one of the most attractive areas of University City, makes this multi-family property, a great asset to be added to your real estate portofolio. All negotiation and showing requests are handled through the listing agent, and seller will be very generous to the buyer’s agent who brings the right offer to the table. Property sold in as-is condition! Want to get more details, reach out and make this University City gem yours today!

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2712.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Wall Unit(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Baseboard

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Leased, Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.07

  • Lot Size(square feet)

    3,049

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Colonial

Price

  • Sales Price

    $985,000

  • Tax Amount

    $10,754

  • Financing Options

    Cash, Conventional

  • Zoning

    Twin Semi-Detached Mutli Family

  • Sq. Footage

    2,712

  • Price/SqFt

    $363

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Brick/Mortar

  • Sewer

    Public Sewer

  • Water Source

    Public

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PHILADELPHIA

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Listing Courtesy of Nelson Sinanaj, Realty ONE Group Focus

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Agent Heather Brailer

Salesperson, Realtor

Heather Brailer

Call Heather today to schedule a private showing.

(301) 991-2528

heather@charisrealty.com


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Welcome to 3627 Powelton Ave, located in the heart of University City within 10 minutes of walking distance from Drexel University. The property has 5 units, including 4 one bedroom and 1 two bedrooms apartment, which are all fully occupied. Total gross rental income is $70,000.00/year because of long term tenants with opportunity to upgrade from $80,000.00-90,000.00 with little cosmetics. Offering a capitalization rate of over 6% in one of the most attractive areas of University City, makes this multi-family property, a great asset to be added to your real estate portofolio. All negotiation and showing requests are handled through the listing agent, and seller will be very generous to the buyer’s agent who brings the right offer to the table. Property sold in as-is condition! Want to get more details, reach out and make this University City gem yours today!

3627 POWELTON AVENUE

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