3800 SPRING GARDEN ST, Philadelphia, PA 19104
3800 SPRING GARDEN ST, Philadelphia, PA 19104
3800 SPRING GARDEN ST, Philadelphia, PA 19104
3800 SPRING GARDEN ST, Philadelphia, PA 19104
3800 SPRING GARDEN ST, Philadelphia, PA 19104
3800 SPRING GARDEN ST, Philadelphia, PA 19104
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Listed by Margaret McCain • Coldwell Banker Residential Brokerage - Princeton
$ 545,000
Est. payment | /mo

2,499 SqFt


Save
$ 545,000
Est. payment | /mo
Save

2,499 SqFt

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,499 sqft

Price per Sqft $218

Subdivision Powelton Village

MLS Listing ID PAPH2587784

Style Other

Abv Grd Liv Area 2,499

Year Built 1920

Annual Tax Amount $7,298

Tax Year 2025

Lot Size 928 Sqft

Acres 0.02

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

Fully leased corner triplex in highly desirable Powelton Village, directly adjacent to University City. This prime location is surrounded by major employment and demand drivers including Drexel University, University of Pennsylvania, Children's Hospital of Philadelphia (CHOP), and Penn Presbyterian Medical Center. The strong institutional presence supports consistent rental demand, low vacancy, and excellent long-term investment performance.
The property is currently generating $46,200 in annual gross rental income with all units occupied and leases in place. The unit mix includes one 1-bedroom, 1-bath apartment featuring a private side patio and two 2-bedroom, 1-bath apartments. All three units have updated bathrooms. Additional features include separate electric meters (tenant-paid utilities), shared basement laundry, accessible mechanicals, and water heaters replaced in 2026.
This low-maintenance, turnkey investment property delivers immediate cash flow and strong rental yields in one of Philadelphia's most established rental corridors. The corner positioning provides superior natural light and a more open feel than typical interior row homes. Convenient access to public transportation, Center City, dining, shopping, and major hospitals further enhances tenant appeal.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RM1

Rooms

Basement Other

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Above Ground Finished SqFt 2499

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 241203600

Ownership Fee Simple

SqFt Source 2499

Acceptable Financing Conventional, Cash, FHA

Listing Terms Conventional, Cash, FHA

Financing Conventional,Cash,FHA

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Skip Tolley
Skip Tolley

Agent | License ID: 528296

+1(410) 935-7500 | skip@captainwaterfront.com

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3800 SPRING GARDEN ST