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517 N 35th St
For Sale $650,000 ($274.96 per Sq Ft)
$650,000 ($274.96 per Sq Ft)
- 3 Units
- 2,364 Sq Ft
- 963 Sq Ft
- Unknown Cap Rate
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $650,000 |
| Property Type | Other |
| Usable Sqft | 2,364 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1930 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 242159900 |
| MLS # | PAPH2522082 |
| Property ID | 322023694 |
| Lot Sqft | 963 |
| Zoning | CMX1 |
| Total Units | 3 |
| Days on Market | 195 |
| Original List Price | Unknown |
| Date Updated | August 07, 2025 |
| Date Created | July 31, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Frank L DeFazio an agent of . Lic #RS299840
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Data last updated: February 11, 2026.
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Robert Crawford
REAL ESTATE AGENT