Philadelphia, PA 19104 3627 Powelton Avenue

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Presented By: REALTY ONE GROUP FOCUS
  • MLS# PAPH2420424
  • 11/14/2024
  • Request Tour
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  • SQFT • 2,923

Home Details

INVESTORS ALERT!!! Welcome to this 5 unit investment property, walking distance from Drexel University and University of Pennsylvania. Property includes 4 One Bedroom units and 1 Two Bedrooms, currently fully occupied on month-to-month leases with long term tenants, grosing a total rental income of $65,000.00. Because of the long term tenants, monthly rents are under current market fair value, and the property has a potential of grossing a minimum of at least $80,000.00/year, in a prime location. All utilities are seperate and all tenants have access to the basement, which is used for storage and provides all habitants access to a washer and dryer. Make your appointment today!!!
Presented By: REALTY ONE GROUP FOCUS

Interior Features for 3627 Powelton Avenue

Other Interior Features

Central Air Y/NYes
Heating FuelElectric
Heating Y/NYes
Hot WaterNatural Gas

General for 3627 Powelton Avenue

Acceptable FinancingCash, Conventional, Negotiable
AccessibilityNone
Business TypeApartment Building
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
Directions5 minutes away from Drexel University Main Campus. When coming from Drexel from Lancaster Ave, take a right on Powelton Ave.
ExclusionsTenant personal belongings.
Gross Income65000.00
HeatingHot Water
Lot Size Square Feet2925.00
Lot Size UnitsSquare Feet
MLS Area19104 (19104)
ModificationTimestamp2024-11-14T21:56:09
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total5
OwnerPaysWater, Trash Collection, Taxes - Real Estate
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG337.84
Property ConditionVery Good, Good
Property SubtypeFive Or More Units
Property TypeCommercial Sale
Property UseInvestment
SewerPublic Septic
Standard StatusActive
StatusACTIVE
Tax Annual Amount6262.0
Tax Assessed Value447400.0
Tax Lot4045
Tax Year2022
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1915
Year Built SourceEstimated
ZoningRTA1

Exterior for 3627 Powelton Avenue

Building Area Total2960.00
Car Parking Spaces2
Foundation DetailsOther
InclusionsAll appliances provided by the current seller.
Land Assessed Value89480.00
Land Use CodeN50
Lot Size Acres0.07
Lot Size SourceEstimated
Navigable Water Y/NNo
Parking FeaturesSurface
Total Loading Docks0
Total Parking Spaces2
Type of ParkingOther
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $999,999
MLS#PAPH2420424
List Date 11/14/2024
Property Type Commercial
Phone 703.929.4729
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