3800 Spring Garden St, Philadelphia, PA 19104
Local realty services provided by:ERA Martin Associates
3800 Spring Garden St,Philadelphia, PA 19104
$545,000
- 5 Beds
- - Baths
- 2,499 sq. ft.
- Multi-family
- Active
Listed by: margaret mccain
Office: coldwell banker residential brokerage - princeton
MLS#:PAPH2662634
Source:BRIGHTMLS
Price summary
- Price:$545,000
- Price per sq. ft.:$218.09
About this home
Income-producing corner triplex in Powelton Village, adjacent to University City. Two units are currently leased, with one unit vacant and ready for a new tenant. At full occupancy, current rents total $3,991 per month, or $47,892 annually. For investors who prefer to self-manage, the estimated cap rate is approximately 6.35% based on current income and normalized expenses.
The property consists of one 1-bedroom, 1-bath apartment with a private side patio and two 2-bedroom, 1-bath apartments. All three units have updated bathrooms. Additional features include separate electric meters, shared basement laundry, accessible mechanicals, and one water heater replaced in 2026.
Located near Drexel University, University of Pennsylvania, CHOP and Penn Presbyterian Medical Center, with convenient access to public transportation and Center City. The corner location provides additional natural light and a more open feel than a typical interior row property.
The property is currently professionally managed. Income, leases and expense information are available upon request....
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Home facts
- Year built:1920
- Subdivision & Development:POWELTON VILLAGE
- Listing ID #:PAPH2662634
- Added:7 day(s) ago
- Updated:August 29, 2026 at 02:02 PM
Rooms and interior
- Bedrooms:5
- Basement:Yes
- Living area:2,499 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Central, Natural Gas
Structure and exterior
- Roof:Flat
- Year built:1920
- Building area:2,499 sq. ft.
- Lot area:0.02 Acres
- Construction Materials:Masonry
- Foundation Description:Brick/Mortar
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$545,000
- Price per sq. ft.:$218.09
- Tax amount:$7,388 (2026)
Parking
- Parking description:On Street
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