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MLS: #PAPH2522082, Listed By: Frank DeFazio, BHHS Fox & Roach-Center City Walnut, Source:Bright MLS

517 N 35th Street

PHILADELPHIA, PA 19104
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Bed 8

Bed

Bath 0

Bath

SqFt2,364

Sqft

Acres0.02

Acre(Lot)

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 r esponsible 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $650,000

AD Id : 71497957

MLS Id : PAPH2522082

Beds : 8

Lot Size : 0.02 Acre

Living Area Size : 2,364

Year Built : 1930

County : PHILADELPHIA

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Feature Features

  • Bedroom Information

    Total beds: 8
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1930 Building Area Total: 2364 Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 18.00 x 55.00 Lot Size Acres: 0.02 Lot Size Source: Assessor Lot Size Square Feet: 963

  • Listing Price Information

    Listing Price: $650000

  • Tax Information

    Parcel Number: 242159900 Tax Lot: 133 Tax Year: 2024 Annual Tax: $11296

  • Parking Information

    On Street

  • Location Information

    Direction: Use GPS WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
416 N 31st Street, Philadelphia, PA, 19104 $600,000 6 2 1,350 1,350 SqFt
3212 Winter Street, Philadelphia, PA, 19104 $675,000 6 2 1,660 1,660 SqFt
3203 Pearl Street, Philadelphia, PA, 19104 $275,000 2 3 988 988 SqFt
3205 Pearl Street, Philadelphia, PA, 19104 $275,000 3 2 1,026 1,026 SqFt
3210 Haverford Avenue, Philadelphia, PA, 19104 $349,000 5 2 1,624 1,624 SqFt
3219 Mount Vernon Street, Philadelphia, PA, 19104 $349,900 5 2 1,839 1,839 SqFt
533 N 33rd Street, Philadelphia, PA, 19104 $339,000 4 3 1,428 1,428 SqFt
3408-16 Brandywine Street, Philadelphia, PA, 19104 $599,000 3 2 4,600 4,600 SqFt
621 N 35th Street, Philadelphia, PA, 19104 $320,000 4 2 1,600 1,600 SqFt
634 N Shedwick Street, Philadelphia, PA, 19104 $475,000 4 3 2,500 2,500 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/26/2026 @ 00:42

MLS: PAPH2522082 LISTED BY: Frank DeFazio, BHHS Fox & Roach-Center City Walnut 215-627-6005 SOURCE: Bright MLS

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