3414 Spring Garden St, Philadelphia, PA 19104

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List Price
$749,000
Status
ACTIVE
MLS#
PAPH2678916
Living Area
3,214
Lot Size
3,810
Region
19104 (19104)
Subdivision
University City
Year Built
1920
Acres
0.09

Property Description

With potential annual gross rental income of $81,600 at full occupancy, 3414 Spring Garden Street offers a three-unit investment opportunity in Philadelphia’s Mantua neighborhood. This triplex features 3,214 square feet of assessor-reported living space, with 11 bedrooms, eight full bathrooms, and one half bathroom across one five-bedroom apartment and two three-bedroom apartments. Projected monthly rents of $3,000, $1,800, and $2,000 total $6,800 per month before expenses. Located one block from Drexel University and a few blocks from the University of Pennsylvania, the property offers a convenient setting for student-housing investors and Drexel parents considering a purchase near campus. The layout also offers the potential to occupy the five-bedroom apartment while renting the two three-bedroom apartments, subject to existing leases.

Additional Information

Style
Other
Foundation
Other
Accessibility Features
None
Water
Public
Basement
Full
Heating
Other

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Calculator source: Real Geeks

Listing courtesy of TCS Management, LLC. Contact:

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