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Request Info$545,000
ACTIVE
3800 SPRING GARDEN STREET Overview
- Time on Site:
- 112 days
- Visits:
- 1
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.
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3800 SPRING GARDEN STREET Facts & Features
- Type Multi-Family
- Sq. ft. 2,499
- Price/Sq.ft. $218
- Lot 0.02 Acres
Details
General
Income/Expenses
- Existing Lease Type: Month to Month
- Gross Scheduled Income: 43800.00
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Pool: No Pool
- Total SQFT: 2499
- Year Built: 1920
Location/Region
- Country: US
- County: PHILADELPHIA
- County Or Parish: PHILADELPHIA
- MLS Area Major: 19104 (19104)
- Subdivision Name: POWELTON VILLAGE
Parking Information
- Type of Parking: On Street
Tax Information
- City/Town Tax: 3211.00
- City/Town Tax Payment Frequency: Quarterly
- School Tax: 4087.00
- School Tax Payment Frequency: Quarterly
- Tax Annual Amount: $7,298.00
- Tax Assessed Value: 521400.00
- Tax Year: 2025
General Information
- Municipal Trash: No
- Property Sub Type: Triplex
- Property Type: Multi-Family
- Rent Control: No
- School District Name: PHILADELPHIA CITY
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2025
- Zoning: RM1
Unit Information
- Other Units: Unit 1,Unit 1,Unit 2,Unit 3
Interior
Building Information
- Building Winterized: No
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
Parking Information
- Garage: No
Building Exterior/Construction
- Structure Type: Twin/Semi-Detached
Building Interior
- Above Grade Finished Area: 2499
- Above Grade Finished Area Source: Estimated
- Above Grade Finished Area Units: Square Feet
- Below Grade Finished Area: 0
- Below Grade Finished Area Source: Estimated
- Below Grade Finished Area Units: Square Feet
- Central Air: Yes
- Hot Water: Electric
General Information
- Accessibility Features: None
- Cooling: Central A/C
- Fireplace: No
- Foundation Details: Brick/Mortar
- Living Area: 2499
- Living Area Source: Estimated
- Units Furnished: All
Unit Information
- One Bedroom Units Count: 1
- Single Room Units Count: 0
- Three Bedroom Units Count: 0
- Two Bedroom Units Count: 2
Exterior
Lot Information
- Lot Size Source: Estimated
- Lot Size Square Feet: 928.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Other
- Construction Materials: Masonry
- Roof: Flat
General Information
- Number Of Units Leased: 3
- Number Of Units Total: 3
- Other Structures: Above Grade,Below Grade
- Sewer: Public Sewer
- Water Access: No
Unit Information
Unit 2 Details
- Unit Type: Unit 1
- Beds Total: 1
- Baths Total: 1
Unit 4 Details
- Unit Type: Unit 1
- Beds Total: 1
- Description: Updated Bathroom, Patio
Unit 1 Details
- Unit Type: Unit 2
- Total Rent: 1350.00
- Beds Total: 2
- Baths Total: 1
Unit 3 Details
- Unit Type: Unit 3
- Beds Total: 2
- Baths Total: 1
3800 SPRING GARDEN STREET Neighborhood
Community
19104 (PHILADELPHIA) Demographics
23
Median Age
16,705
Population Density (per sq. mile)
45%
College Educated
$28,603
Estimated Median Income
3,460
Estimated Total Home Owners
13,048
Estimated Total Renters
21% / 79%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
3800 SPRING GARDEN STREET Monthly Cost
3800 SPRING GARDEN STREET Market Data
Based on the last 30 days in this zip code
$334,006
Average List Price
$193
Average Price per Square Foot
7
Properties Sold
101
Average Days on Market
122
Properties for Sale
3800 SPRING GARDEN STREET History
| Date | Value | Agent |
|---|---|---|
| 5/25/2026Source: BRIGHT MLS | $545,000 -9.2% |
|
| 3/9/2026Source: BRIGHT MLS | March 09, 2026 |
|
| 12/3/2024Source: BRIGHT MLS | August 13, 2021 |
|
| 12/3/2024Source: BRIGHT MLS | ACTIVE UNDER CONTRACT |
|
| 12/3/2024Source: BRIGHT MLS | PENDING |
|
| 12/3/2024Source: BRIGHT MLS | June 12, 2023 |
|
| 12/3/2024Source: BRIGHT MLS | CLOSED |
Listing provided courtesy of Coldwell Banker Residential Brokerage - Princeton- MLS# PAPH2587784
Contact Information: [email protected] - 6099211411
Contact Information: [email protected] - 6099211411