517 N 35th St, Philadelphia, PA 19104
Local realty services provided by:ERA Byrne Realty
517 N 35th St,Philadelphia, PA 19104
$650,000
- 8 Beds
- - Baths
- 2,364 sq. ft.
- Multi-family
- Active
Listed by: frank l defazio
Office: bhhs fox & roach-center city walnut
MLS#:PAPH2522082
Source:BRIGHTMLS
Price summary
- Price:$650,000
- Price per sq. ft.:$274.96
About this home
Turnkey Investment Opportunity! CASH COW in Powelton Village - 517 N. 35th Street is an income-producing, multifamily property located in the heart of Powelton Village. This well-maintained building features 8 self-contained studios, each with its own kitchenette and private bathroom, a low-maintenance, high-demand rental configuration ideal for the student rental and young professional tenant base. The property is currently grossing $80,940 annually, delivering strong, stable cash flow with potential upside through targeted improvements or rental increases. The layout includes 2 rooms on the first floor, 3 rooms on the second floor, and 3 rooms on the third floor. The building is fully leased and respectfully managed. All tenants pay separately for electric, internet and the landlord is responsible for water and common area electric. Located just blocks from Drexel University, the University of Pennsylvania, and Powelton Village, this asset benefits from strong demand from students, young professionals, and medical staff. It’s walkable to campus, SEPTA transit lines, restaurants, and local amenities. Buyer is responsible for verifying any and all zoning, licensure, and usage requirements with the City of Philadelphia.
Contact an agent
Home facts
- Year built:1930
- Listing ID #:PAPH2522082
- Added:112 day(s) ago
- Updated:November 20, 2025 at 02:32 PM
Rooms and interior
- Bedrooms:8
- Living area:2,364 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1930
- Building area:2,364 sq. ft.
- Lot area:0.02 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$650,000
- Price per sq. ft.:$274.96
- Tax amount:$11,296 (2024)
New listings near 517 N 35th St
- New
$299,900Active3 beds 1 baths1,144 sq. ft.6126 Hasbrook Ave, PHILADELPHIA, PA 19111
MLS# PAPH2560780Listed by: KELLER WILLIAMS REAL ESTATE-BLUE BELL - New
$85,000Active4 beds 1 baths1,678 sq. ft.3813 N 16th St, PHILADELPHIA, PA 19140
MLS# PAPH2561160Listed by: ACQUISITION TEAM LLC - New
$88,000Active2 beds 1 baths858 sq. ft.2447 Harlan St, PHILADELPHIA, PA 19121
MLS# PAPH2561164Listed by: ACQUISITION TEAM LLC - New
$90,000Active3 beds 2 baths1,189 sq. ft.2508 N Lawrence St, PHILADELPHIA, PA 19133
MLS# PAPH2561168Listed by: ACQUISITION TEAM LLC - New
$169,900Active3 beds 1 baths1,224 sq. ft.7651 Rugby St, PHILADELPHIA, PA 19150
MLS# PAPH2561150Listed by: ELFANT WISSAHICKON-CHESTNUT HILL - New
$110,000Active2 beds 1 baths810 sq. ft.1911 Brunner St, PHILADELPHIA, PA 19140
MLS# PAPH2559232Listed by: ELFANT WISSAHICKON-CHESTNUT HILL - New
$50,000Active0.02 Acres52 N Dearborn St, PHILADELPHIA, PA 19139
MLS# PAPH2561138Listed by: HOMESMART REALTY ADVISORS - New
$200,000Active0.11 Acres6132 Larchwood Ave, PHILADELPHIA, PA 19143
MLS# PAPH2561140Listed by: HOMESMART REALTY ADVISORS - New
$40,000Active0.01 Acres666 N Conestoga St, PHILADELPHIA, PA 19131
MLS# PAPH2561144Listed by: HOMESMART REALTY ADVISORS - Coming SoonOpen Sat, 1 to 3pm
$395,000Coming Soon3 beds 2 baths3554 New Queen St, PHILADELPHIA, PA 19129
MLS# PAPH2561064Listed by: KELLER WILLIAMS REAL ESTATE-HORSHAM