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+16172471933
Amo Realty
3414 Spring Garden St, Philadelphia, PA 19104
- $749,000
- 3,214
- SqFt
- List Price
- $749,000
- Status
- ACTIVE
- MLS#
- PAPH2678916
- Subtype
- Multi-Family
- Style
- Other
- Year Built
- 1920
- Living Area
- 3,214
- Lot Size
- 3,810
- Acres
- 0.09
- Subdivision
- University City
- MLS Area Major
- 19104 (19104)
Property Description
With potential annual gross rental income of $81,600 at full occupancy, 3414 Spring Garden Street offers a three-unit investment opportunity in Philadelphia’s Mantua neighborhood. This triplex features 3,214 square feet of assessor-reported living space, with 11 bedrooms, eight full bathrooms, and one half bathroom across one five-bedroom apartment and two three-bedroom apartments. Projected monthly rents of $3,000, $1,800, and $2,000 total $6,800 per month before expenses. Located one block from Drexel University and a few blocks from the University of Pennsylvania, the property offers a convenient setting for student-housing investors and Drexel parents considering a purchase near campus. The layout also offers the potential to occupy the five-bedroom apartment while renting the two three-bedroom apartments, subject to existing leases.
Additional Information
- Taxes
- $16,304
- Property Description
- Other
- Zoning
- RM1
- Heating
- Other
- Air Conditioning
- None
- Foundation
- Other
- School District
- Philadelphia City
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Listing courtesy of TCS Management, LLC. Contact: