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Marjorie Dick Stuart

  • Cell 240-731-8079
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619 N 35th St, PHILADELPHIA, PA – $3,750,000

  • $3.8M Price
  • 13,822 Sqft
  • .14 Acres
  • 123 DOM
  • $3.8M Price
  • 13,822 Sqft
  • .14 Acres
  • 123 DOM

619 N 35th St

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 6.653% cap rate. Ideal for investors seeking a turnkey asset in a prime, high-demand rental market.

Essential Information

  • MLS® #PAPH2400488
  • Price$3,750,000
  • Bathrooms0.00
  • Square Footage13,822
  • Acres0.14
  • Year Built1920
  • TypeCommercial Sale
  • Sub-TypeFive Or More Units
  • StatusActive

Community Information

  • Address619 N 35th St
  • Area19104
  • CityPHILADELPHIA
  • CountyPHILADELPHIA-PA
  • StatePA
  • MunicipalityPHILADELPHIA
  • Zip Code19104

Interior

  • HeatingCentral
  • CoolingCentral A/C
  • # of Stories3

School Information

District

THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Information

  • Date ListedSeptember 30th, 2024
  • Days on Market123
  • ZoningCMX2

Listing Details

  • Office Contact(609) 399-5454

Office

Keller Williams Realty - Ocean City

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Price Change History for 619 N 35th St, PHILADELPHIA, PA (MLS® #PAPH2400488)

Date Details Price Change
Price Reduced (from $4,000,000) $3,750,000 $250,000 (6.25%)
Active (from Coming Soon)

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Listing information last updated on January 30th, 2025 at 2:15am CST.