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About This Home
This 0-bedroom, 0-bathroom residential multi family at 3627 POWELTON Avenue in PHILADELPHIA, PA is listed for $985,000 ($363 per sqft). Built in 1915, the home offers 2,712 sqft of living space on a 0.07 acres lot.
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. Want to get more details, reach out and make this University City gem yours today!
Key Features
- Built in 1915
- 0.07 acre lot
- 2 parking spaces
Property Details
Monthly Cost Estimate
$5,268/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3627 POWELTON Avenue
PHILADELPHIA, PA 19104
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 3627 POWELTON Avenue is listed at $985,000 ($363/sqft). The estimated monthly payment is $4,268 based on 20% down at 6.5% interest.
Key features include: Built in 1915, 0.07 acre lot, 2 parking spaces.
This property is listed by Nelson Sinanaj and can be reached at 2672700814 or snelsonrealestate@gmail.com.