619 N 35th St, Philadelphia, PA 19104

Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners
619 N 35th St,Philadelphia, PA 19104
$3,800,000
  • 20 Beds
  • - Baths
  • 13,822 sq. ft.
  • Multi-family
  • Active
Listed by: or aharon, ryan j mcmanus
Office: keller williams liberty place
MLS#:PAPH2586190
Source:BRIGHTMLS

Price summary

  • Price:$3,800,000
  • Price per sq. ft.:$274.92

About this home

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 $322K, operating expense of $67k, and net income (NOI) of $255K, this property offers a strong 6.7% 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.

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Home facts

  • Year built:1920
  • Listing ID #:PAPH2586190
  • Added:1 day(s) ago
  • Updated:February 22, 2026 at 02:31 PM

Rooms and interior

  • Bedrooms:20
  • Living area:13,822 sq. ft.

Heating and cooling

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

Structure and exterior

  • Year built:1920
  • Building area:13,822 sq. ft.
  • Lot area:0.14 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,800,000
  • Price per sq. ft.:$274.92
  • Tax amount:$8,398 (2024)

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