Income-producing corner triplex in Powelton Village, adjacent to University City. Two units are currently leased, with one unit vacant and ready for a new tenant. At full occupancy, current rents total $3,991 per month, or $47,892 annually. For investors who prefer to self-manage, the estimated cap rate is approximately 6.35%… Read More based on current income and normalized expenses. The property consists of one 1-bedroom, 1-bath apartment with a private side patio and two 2-bedroom, 1-bath apartments. All three units have updated bathrooms. Additional features include separate electric meters, shared basement laundry, accessible mechanicals, and one water heater replaced in 2026. Located near Drexel University, University of Pennsylvania, CHOP and Penn Presbyterian Medical Center, with convenient access to public transportation and Center City. The corner location provides additional natural light and a more open feel than a typical interior row property. The property is currently professionally managed. Income, leases and expense information are available upon request. Read Less
Courtesy of Margaret McCain, Coldwell Banker Residential Brokerage - Princeton 609-921-1411
Listing Snapshot
Days Online
46
Last Updated
Property Type
Triplex
Square Ft.
2,499
Lot Size
0.02 Acres
Year Built
1920
MLS Number
PAPH2662634
Additional Details
Building
Built in 1920, Living area: 2499, Construction Materials: Masonry
Cooling
Central A/C
Accessibility Features
None
Foundation
Brick/Mortar
Heating
Central
Lot
0.02 acres
Property
Other structures: Above Grade, Below Grade
Roof
Flat
Sewer
Public Sewer
Taxes
Annual Amount: $7,388, Year: 2026, Zoning: RM1
Utilities
Water Source: Public
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