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$599,900 (USD)
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Philadelphia Area Multi-Family Home

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3800 Spring Garden Street Philadelphia, PA 19104

Bed
0 Baths
2499 sqft
MLS# PAPH2587784
Fully Leased Corner Triplex in Powelton Village3800 Spring Garden Street presents the opportunity to acquire a stabilized, income producing corner triplex in one of Philadelphia’s most consistently leased rental corridors. Located in Powelton Village, with convenient access to University City, Drexel University, the University of Pennsylvania, CHOP, and Penn Presbyterian, the property benefits from the institutional anchors and employment drivers that continue to support strong rental demand in the area.The building is fully leased with income in place, offering immediate cash flow from day one. The unit mix includes one 1 bedroom, 1 bath apartment with a private side patio, plus two 2 bedroom, 1 bath apartments. Each unit offers a practical layout, and all bathrooms have been updated.Additional features include separate electric meters, shared basement laundry, and accessible mechanicals, supporting efficient operation and straightforward management. As a corner property, the building also benefits from added light, stronger visibility, and an overall presence that distinguishes it from typical interior row multifamily assets.For investors seeking stable in place income, location driven tenant demand, and long term hold potential, 3800 Spring Garden Street offers a compelling opportunity in a proven Philadelphia rental market.
Listing Courtesy of BRIGHT IDX / Coldwell Banker Realty / Margaret McCain