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For sale
  • Price cut: $150K (6/20)
    $3,600,000

    619 N 35th St, Philadelphia, PA 19104

    30beds
    --baths
    13,822sqft
    : 
    Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $260/sqft
    $-- HOA

    What's special

    Modern finishesPrivate bathrooms
    Newly constructed multifamily building in University City, just steps from Drexel and UPenn. This fully leased property offers 11 apartments with 33 bedrooms and 33 bathrooms over 1,500 SF of retail space. Each unit features private bathrooms, large living areas, and modern finishes. 10-year tax abatement. With an annual gross income of $304K, operating expense of $44K, and net income (NOI) of $260K, this property offers a strong 7.2% cap rate. Ideal for investors seeking a turnkey asset in a prime, high-demand location — UCITY — the fastest-growing rental submarket in Philadelphia, a Top-10 USA MSA (population) and Top-5 USA MSA for Life Sciences. The Eds & Meds economy powers this district and provides the community with insatiable, perennial rental demand, insulating investment properties for years to come.
    265 days
    on Zillow
    |
    390
    |
    46
    |

    Zillow last checked: 8 hours ago

    Listing updated: June 20, 2025 at 10:38am

    Listed by:

    Or Aharon 267-270-6634,

    Keller Williams Liberty Place 6093995454,

    Co-Listing Agent: Ryan J Mcmanus 610-606-1095,

    Keller Williams Liberty Place

    Source: Bright MLS,MLS#: PAPH2423062MLS Logo
    Travel times

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    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 30
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 13,822
    • Total interior livable area: 13,822 sqft

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: Other, Accessible Entrance
    Features
    • Levels: Multi/Split
    • Pool features: None
    Lot
    • Size: 6,000 Square Feet
    • Dimensions: 60.00 x 100.00
    Details
    • Additional structures: Above Grade
    • Parcel number: 871600765
    • Zoning: CMX2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Masonry
    • Foundation: Concrete Perimeter, Other
    Condition
    • New construction: No
    • Year built: 1920
    • Major remodel year: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Financial & listing details

    • Price per square foot: $260/sqft
    • Tax assessed value: $600,000
    • Annual tax amount: $8,398
    • Date on market: 11/25/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Other,Conventional
    • Ownership: Fee Simple
    • Income includes: Apartment Rentals, Shop Rentals, Other
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