3607 Spring Garden St, Philadelphia, PA 19104

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate GSA Realty
3607 Spring Garden St,Philadelphia, PA 19104
$1,500,000
  • 17 Beds
  • - Baths
  • 4,000 sq. ft.
  • Multi-family
  • Active
Listed by: saam tashayyod
Office: trophy commercial real estate llc.
MLS#:PAPH2673880
Source:BRIGHTMLS

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$375

About this home

We are pleased to present 3607 Spring Garden Street, a six-unit multifamily investment opportunity located in Philadelphia. Offered at $1,500,000, the property was built in 2018 and totals approximately 4,950 rentable square feet, with an average unit size of approximately 825 square feet. The property features a highly differentiated unit mix consisting of five three-bedroom / three-bathroom residences and one two-bedroom / two-bathroom residence. Current rents range from $1,500 to $2,010 per month, generating $11,250 in monthly scheduled rent and $135,000 in annual Gross Scheduled Rent. The asset generates $107,197 in current Net Operating Income, representing a 7.15% going-in capitalization rate at the asking price. Year 1 underwriting projects Gross Scheduled Rent of $141,750 and NOI of $113,288, resulting in a 7.55% Year 1 capitalization rate. At approximately $250,000 per unit and $303.03 per rentable square foot, 3607 Spring Garden Street provides investors with immediate...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:2018
  • Listing ID #:PAPH2673880
  • Added:50 day(s) ago
  • Updated:November 13, 2026 at 03:01 PM

Rooms and interior

  • Bedrooms:17
  • Rooms Total:6
  • Basement:Yes
  • Living area:4,000 sq. ft.

Heating and cooling

  • Cooling:Central A/C, Multi Units
  • Heating:Electric

Structure and exterior

  • Year built:2018
  • Building area:4,000 sq. ft.
  • Lot area:0.06 Acres
  • Architectural Style:Traditional
  • Construction Materials:Masonry

Schools

  • High school:SAMUEL S. FELS

Utilities

  • Water:Private

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$375
  • Tax amount:$2,136 (2026)

Parking

  • Parking description:On Street

New listings near 3607 Spring Garden St