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$4,000,000
13,822
square ft

619 N 35th Street
PHILADELPHIA, Pennsylvania 19104

Active / MLS #PAPH2423062 / Multiple Unit (2-4) / PHILADELPHIA
Listing information updated 11/25/2024 at 1:01pm
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 6.24% cap rate. Ideal for investors seeking a turnkey asset in a prime, high-demand rental market.
Architecture Style:
Unit/Flat,Split Level
Cooling System:
Central A/C
Heating System:
Central
Pool:
No
Age:
104 Years
Room Count:
34
Water Front:
No
Square Feet:
13,822
Lot Size:
6000.00 Square Feet
Acreage:
0.14
Tax Amount:
$8,398
Tax Year:
2024
Zip Code:
19104
City:
Philadelphia
County:
Philadelphia
School District(s):
THE SCHOOL DISTRICT OF PHILADELPHIA
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Keller Williams Realty - Ocean City

Listing Office Phone: 609.399.5454

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619 N 35th Street is a multiple unit (2-4) currently listed at $4,000,000. This multiple unit (2-4) has been listed on RLAH @properties since November 25th, 2024 and was built in 1920.