516 N 34th St, Philadelphia, PA 19104

Local realty services provided by:ERA Martin Associates
516 N 34th St,Philadelphia, PA 19104
$1,250,000
  • 12 Beds
  • - Baths
  • 4,731 sq. ft.
  • Multi-family
  • Active
Listed by: katherine wang
Office: re/max plus
MLS#:PAPH2642862
Source:BRIGHTMLS

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$264.21

About this home

Turnkey Student Housing Investment Near Drexel University An exceptional opportunity to acquire a fully renovated, cash-flowing student housing property in the heart of Drexel University. This turnkey investment consists of four fully leased apartments, each featuring 3 spacious bedrooms and 1 full bathroom, for a total of 12 bedrooms and 4 bathrooms. Every unit has been thoughtfully renovated with modern finishes, including hardwood flooring, stainless steel appliances, central heating and air conditioning, in-unit washers and dryers, and built-in microwaves. The oversized bedrooms and functional layouts make the property highly desirable among Drexel students, contributing to consistent occupancy and strong rental demand. The property is 100% leased for the 2026–2027 Drexel academic year, providing immediate, stable cash flow from day one. Investment Highlights: Four renovated 3-bedroom, 1-bath apartments Total of 12 bedrooms and 4 full bathrooms Fully leased for the 2026–2027...

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Home facts

  • Year built:2016
  • Listing ID #:PAPH2642862
  • Added:5 day(s) ago
  • Updated:July 06, 2026 at 01:42 PM

Rooms and interior

  • Bedrooms:12
  • Rooms Total:12
  • Kitchen Description:Dishwasher, Microwave, Oven/Range - Gas, Refrigerator
  • Living area:4,731 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Central, Natural Gas

Structure and exterior

  • Year built:2016
  • Building area:4,731 sq. ft.
  • Lot area:0.04 Acres
  • Architectural Style:Traditional
  • Construction Materials:Masonry
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$264.21
  • Tax amount:$22,914 (2025)

Parking

  • Parking description:On Street