619 N 35th St, Philadelphia, PA 19104
- $3,800,000
- List Price
- $3,800,000
- Days on Market
- 210
- Status
- ACTIVE
- MLS#
- PAPH2586226
- Lot Size (Acres)
- 0.14
- Year Built
- 1920
- County
- Philadelphia
- School District
- The School District Of Philadelphia
Property Description
Newly constructed multifamily building in University City, just steps from Drexel and UPenn. This fully leased property offers 11 apartments with 33 bedrooms and 33 bathrooms over 1,460 SF of retail space. Each unit features private bathrooms, large living areas, and modern finishes. 10-year tax abatement. With an annual gross income of $318, operating expenses of $67k, and net income (NOI) of $251K, this property offers a strong 6.6% cap rate. Ideal for investors seeking a turnkey asset in a prime, high-demand location — UCITY — the fastest-growing rental submarket in Philadelphia, a Top-10 USA MSA (population) and Top-5 USA MSA for Life Sciences. The Eds & Meds economy powers this district and provides the community with insatiable, perennial rental demand, insulating investment properties for years to come.
/u.realgeeks.media/phillyhomesale/logo25.png){kind=logo}
Additional Information
- Area
- 19104 (19104)
- Subdivision
- University City
- Taxes
- $8000
- Stories
- 3
- School District
- The School District Of Philadelphia
- View
- City
- Heating
- Central
- Heating Fuel
- Electric
- Cooling
- Central A/C
- Utilities
- Electric Available, Water Available
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Keller Williams Liberty Place. Contact: 6093995454
© 2026 TReND. All Rights Reserved.
The data relating to real estate for sale on this website appears in part through the TReND Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Real Estate Company participates, and is provided by TReND through a licensing agreement. Real estate listings held by brokerage firms other than Real Estate Company are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
All information provided is deemed reliable but is not guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.