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3800 SPRING GARDEN STREET

PHILADELPHIA, PA 19104

MLS#: PAPH2587784

$545,000

Status: Active
Listing number: PAPH2587784
Listing provided by: Coldwell Banker Residential Brokerage - Princeton
Listing agent phone: None
Last update: a day ago
On site: 3 months ago
Browse Properties
POWELTON VILLAGE - Residential Income

Property

Beds

5

Full Baths

None

1/2 Baths

None

Year Built

1920

Sq.Footage

2,499

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.

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2499.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.02

  • Lot Size(square feet)

    928.0

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Other

Price

  • Sales Price

    $545,000

  • Tax Amount

    $7,298

  • Sq. Footage

    2, 499

  • Price/SqFt

    $218

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Brick/Mortar

  • Sewer

    Public Sewer

  • Water Source

    Public

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Listing Courtesy of Margaret McCain , Coldwell Banker Residential Brokerage - Princeton

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Agent Theresa Kehler

Owner, President, Investment Property Advisor

Theresa Kehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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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.

3800 SPRING GARDEN STREET

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