Description
Presenting a rare income-producing asset in the heart of Powelton Village, one of University City's most sought-after historic districts. This handsome stone Victorian twin at 3613 Powelton Ave offers 4,111 square feet across six residential units, blending timeless architectural character — a mansard roof, dormer windows, and a wraparound covered porch with decorative columns — with the steady rental demand of a top-tier Philadelphia submarket.The building is configured as six self-contained one-bedroom, one-bath apartments, making it a turnkey fit for the area's deep tenant pool of Drexel University and University of Pennsylvania students, faculty, and young professionals. The property sits just a few minutes' walk from Drexel's campus, with Penn and Community College of Philadelphia also close by, and easy access to Center City via nearby transit and Market Street corridors.The property benefits from the area's protected historic character while offering an investor the chance to capture strong, consistent rental income in a supply-constrained, high-demand rental corridor. This is an excellent opportunity for an investor seeking a stabilized multi-family asset with upside potential in unit finishes and rent growth.Contact listing agent for current rent roll, financials, and showing details.
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0BEDS
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0.11ACRES
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01/2 BATHS
Description
Presenting a rare income-producing asset in the heart of Powelton Village, one of University City's most sought-after historic districts. This handsome stone Victorian twin at 3613 Powelton Ave offers 4,111 square feet across six residential units, blending timeless architectural character — a mansard roof, dormer windows, and a wraparound covered porch with decorative columns — with the steady rental demand of a top-tier Philadelphia submarket.The building is configured as six self-contained one-bedroom, one-bath apartments, making it a turnkey fit for the area's deep tenant pool of Drexel University and University of Pennsylvania students, faculty, and young professionals. The property sits just a few minutes' walk from Drexel's campus, with Penn and Community College of Philadelphia also close by, and easy access to Center City via nearby transit and Market Street corridors.The property benefits from the area's protected historic character while offering an investor the chance to capture strong, consistent rental income in a supply-constrained, high-demand rental corridor. This is an excellent opportunity for an investor seeking a stabilized multi-family asset with upside potential in unit finishes and rent growth.Contact listing agent for current rent roll, financials, and showing details.
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