619 N 35th Street, Philadelphia, PA 19104

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MultifamilyFor Sale

$4,000,000

619 N 35th Street

Philadelphia, PA 19104

Listed by: Keller Williams Realty - Ocean City, (609) 399-5454

MLS: Bright MLS

13,822Sq Ft

Est. Mortgage

$20,747/mo

We proudly present a Newly constructed multifamily building in University City, just steps from Drexel and UPenn. This fully leased property offers 11 residential units with 33 bedrooms and 33 bathrooms, plus 1,500 SF of retail space. Every unit features private bathrooms, large living areas, and modern finishes. Includes a 10-year tax abatement. With an annual gross income of $302,448, operating expenses of $52,972, and a net income of $249,475, this property offers a strong 6.24% cap rate. Ideal for investors seeking a turnkey asset in a prime, high-demand rental market.

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This data is up-to-date as of 11/30/2024 07:22 AM. Listing provided by Or Aharon of Keller Williams Realty - Ocean City.

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