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Listed by Frank DeFazio • BHHS Fox & Roach-Center City Walnut

$650,000

Est. payment - /mo

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2,364 SqFt

Active

517 N 35TH ST Philadelphia, PA 19104

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Addison Wolfe Real Estate

info@addisonwolfe.com +1(215) 862-5500

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Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,364 sqft

Price per Sqft $274

MLS Listing ID PAPH2522082

Style Other

Abv Grd Liv Area 2,364

Year Built 1930

Available Date 2025-08-01

Annual Tax Amount $11,296

Tax Year 2024

Lot Size 963 Sqft

Acres 0.02

Lot Dimensions 18.00 x 55.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property 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.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning CMX1

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Other

Above Ground Finished SqFt 2364

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 242159900

Ownership Fee Simple

SqFt Source 2364

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 20

10

Penn Alexander School

Public | KG - 8
9

Gamp

Public | 5 - 12
9

Masterman Julia R Secondary School

Public | 5 - 12
8

Meredith School

Public | KG - 8
7

Christopher Columbus Charter School

Public | KG - 8
7

Folk Arts-Cultural Treasures Charter School

Public | KG - 8
7

General George A. McCall School

Public | KG - 8
6

Albert M. Greenfield School

Public | KG - 8
6

Independence Charter School

Public | KG - 8
5

Russell Byers Charter School

Public | PK - 6
5

Philadelphia Performing Arts Charter School

Public | KG - 8
5

Abram Stockton Jenks School

Public | KG - 4
5

Alliance for Progress Charter School

Public | KG - 8
5

Eliza Butler Kirkbride School

Public | KG - 8
5

Young Scholars Charter School

Public | 5 - 8
4

Andrew Hamilton School

Public | KG - 8
4

Mastery Charter School Mann Elementary

Public | KG - 6
4

Discovery Charter School

Public | KG - 8
4

Martha Washington Elementary Academics

Public | KG - 8
4

Robert Morris School

Public | KG - 8

Middle Schools 7

4

Boys Latin of Philadelphia Charter School

Public | 6 - 12
4

Mastery Charter School -Shoemaker Campus

Public | 7 - 12
2

The Sd of Philadelphia Virtual Academy

Public | 6 - 12
1

World Communications Charter School

Public | 6 - 12
0

Wordsworth Academy

Private | 6 - 12
0

Student Education Center & Delaware Valley High School

Private | 8 - 12
0

Wakisha Charter School

Public | 6 - 8

High Schools 20

8

Science Leadership Academy

Public | 9 - 12
8

Academy at Palumbo

Public | 9 - 12
7

Carver High School

Public | 9 - 12
5

Preparatory Charter School of Mathematics Science

Public | 9 - 12
5

Creative and Performing Arts

Public | 9 - 12
5

Philadelphia Electrical & Tech Chs

Public | 9 - 12
5

Parkway-Center City

Public | 9 - 12
5

Philadelphia Military Academy at Elverson

Public | 9 - 12
4

Parkway West

Public | 9 - 12
4

Paul Robeson High School for Human Services

Public | 9 - 12
4

Franklin Lc

Public | 9 - 12
4

Constitution High School

Public | 9 - 12
1

Overbrook High School

Public | 9 - 12
1

John Bartram High School

Public | 9 - 12
1

West Philadelphia High School

Public | 9 - 12
1

The Workshop School

Public | 9 - 12
1

School of the Future

Public | 9 - 12
1

Universal Audenried Charter High School

Public | 9 - 12
1

Strawberry Mansion High School

Public | 9 - 12
1

South Philadelphia High School

Public | 9 - 12

School and business data provided by Attom Data.

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Addison Wolfe Real Estate

+1(215) 862-5500

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517 N 35TH ST Philadelphia, PA 19104

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Key Details

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Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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517 N 35TH ST