BEDS0
BATHS
SQUARE FEET3,214
MLS#PAPH2678916
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONUNIVERSITY CITY
SCHOOLPHILADELPHIA CITY
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Fuel Type: Natural Gas
Lot Size: 0.09 Acres
Taxes: $16,304
Year Built: 1920
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Days on Site: 9
Exterior: Masonry
Lot Dimensions: 0.09 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Structure Type: Twin/Semi-Detached
Three Bedroom Units: 2
Units: 4
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: TCS Management, LLC
Agency Phone: 2153831439
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 3,244.07 per month $1,666.95 Principal & Interest $1,358.67 Property Tax $218.46 Homeowner's InsuranceChange Payment Information
3414 Spring Garden Street | MLS# PAPH2678916
This multi-family property located at 3414 Spring Garden Street, Philadelphia, PA 19104 is currently listed for sale with an asking price of $749,000. Spring Garden Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.realtymark.net today.