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517 N 35th St, Philadelphia, PA 19104

Philadelphia
Local realty services provided by:CENTURY 21 Charles Smith Agency, Inc.
517 N 35th St,Philadelphia, PA 19104
$650,000
  • 8 Beds
  • - Baths
  • 2,364 sq. ft.
  • Multi-family
  • Active
Listed by: frank l defazio
Office: bhhs fox & roach-center city walnut
MLS#:PAPH2522082
Source:BRIGHTMLS

Price summary

  • Price:$650,000
  • Price per sq. ft.:$274.96

About this home

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,...

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Home facts

  • Year built:1930
  • Listing ID #:PAPH2522082
  • Added:326 day(s) ago
  • Updated:June 22, 2026 at 01:38 PM

Rooms and interior

  • Bedrooms:8
  • Living area:2,364 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1930
  • Building area:2,364 sq. ft.
  • Lot area:0.02 Acres
  • Construction Materials:Masonry

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$274.96
  • Tax amount:$11,296 (2024)

Parking

  • Parking description:On Street

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