Property

Philadelphia, PA 19104 517 N 35Th Street

Presented By: BHHS Fox & Roach-Center City Walnut
  • MLS# PAPH2522082
  • 07/30/2025
  • Request Tour
  • Request Info
  • Beds • 8

Home Details

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. Its 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.
Presented By: BHHS Fox & Roach-Center City Walnut

Interior Features for 517 N 35Th Street

Bedrooms

Three Bedroom Units Count2

Other Interior Features

LivingAreaSourceAssessor
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 517 N 35Th Street

AccessibilityNone
Architectural StyleOther
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelOther
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsUse GPS
Garage Y/NNo
HeatingForced Air
Lot Size Square Feet963.00
Lot Size UnitsSquare Feet
MLS Area19104 (19104)
ModificationTimestamp2025-08-01T00:28:49
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total3
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG274.96
Property SubtypeOther
Property TypeMulti-Family
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Tax Annual Amount11296.0
Tax Assessed Value807000.0
Tax Lot133
Tax Year2024
Total SQFT2364
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1930
Year Built SourceAssessor
ZoningCMX1

Exterior for 517 N 35Th Street

Foundation DetailsOther
Land Assessed Value161400.00
Land Use CodeW50
Lot Dimensions18.00 x 55.00
Lot Size Acres0.02
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Brian Lee

Associate
Price $650,000
MLS#PAPH2522082
List Date 07/30/2025
Property Type Multi-Family
Request Tour
Request Info
Visit My Website

Similar Properties to 517 N 35Th Street

Get Pre-approved