1. Pennsylvania
2. Philadelphia
3. 517 N 35TH ST

517 N 35TH ST, Philadelphia, PA 19104

• 2,364 sqft

Property Description

Turnkey Investment Opportunity! CASH COW in Powelton Village - 517 N. 35th Street is an income-producing, multifamily property located in the heart of Powelton Village. This well-maintained building features 8 self-contained studios, each with its own kitchenette and private bathroom, a low-maintenance, high-demand rental configuration ideal for the student rental and young professional tenant base. The property is currently grossing $80,940 annually, delivering strong, stable cash flow with potential upside through targeted improvements or rental increases. The layout includes 2 rooms on the first floor, 3 rooms on the second floor, and 3 rooms on the third floor. The building is fully leased and respectfully managed. All tenants pay separately for electric, internet and the landlord is responsible for water and common area electric. Located just blocks from Drexel University, the University of Pennsylvania, and Powelton Village, this asset benefits from strong demand from students, young professionals, and medical staff. It’s walkable to campus, SEPTA transit lines, restaurants, and local amenities. Buyer is responsible for verifying any and all zoning, licensure, and usage requirements with the City of Philadelphia.

Listing Status:

Active

Date Added:

August 1, 2025 at 05:00AM

Listing Office:

BHHS Fox & Roach-Center City Walnut : 2156276005

Listing Agent:

Frank L DeFazio : 6106364364

MLS ID:

PAPH2522082

Interior

• A/C: Central A/C
• Heating: Forced AirNatural Gas
• Disability Feature: None

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Frank L DeFazio, BHHS Fox & Roach-Center City Walnut