3726 BARING STREET Overview
- Time on Site:
- 13 days
- Visits:
- 2
Rare opportunity to acquire an established portfolio of 18 units across four buildings in prime Powelton Village and Spruce Hill locations, walkable to both Drexel University and University of Pennsylvania. Stabilized, income-producing investment with value-add potential via light upgrades - proforma 7.8% cap rate. Portfolio price is $2,500,000 for all four buildings, or purchase separately. 3726 Baring Street is a 6 unit building (5 x 1 bed units, 1 x studio unit), offered at $775,000. Gross income $79k. Benefit from a strong tenant base derived from University of Pennsylvania's full-time student population of 23,948 (up 1.65% YOY), as well as 39,000+ individuals employed by University of Pennsylvania, and an overall population of more than 100,000 residents between the 19104 and 19139 zip codes. As the pipeline of multifamily deliveries in Philadelphia continues to dwindle, demand is expected to outpace supply, driving further rental growth in 2025-2026, presenting a unique opportunity for investors to acquire a high-quality, income-producing asset with significant long-term upside. Offering memorandum available upon request.
3726 BARING STREET Facts & Features
- Type Commercial
- Sq. ft. 3,558
- Price/Sq.ft. $218
- Lot 0.07 Acres
Details
General
Income/Expenses
- Gross Scheduled Income: 79188.00
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Year Built: 1890
Business Information
- Business Type: Apartment Building
Location/Region
- Country: US
- County: PHILADELPHIA
- County Or Parish: PHILADELPHIA
- MLS Area Major: 19104 (19104)
- Subdivision Name: POWELTON VILLAGE
Parking Information
- Total Parking Spaces: 0
- Type of Parking: On Street
Tax Information
- City/Town Tax: 4046.00
- City/Town Tax Payment Frequency: Annually
- County Tax Payment Frequency: Annually
- School Tax: 5150.00
- Tax Annual Amount: $9,196.00
- Tax Assessed Value: 657000.00
- Tax Year: 2025
General Information
- Property Sub Type: Five Or More Units
- Property Type: Commercial Sale
- School District Name: PHILADELPHIA CITY
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2026
- Zoning: RTA1
Interior
Building Information
- Cooling Fuel: None
- Heating Fuel: Natural Gas
- Total Drive In Doors: 0
- Total Restrooms: 6
Parking Information
- Garage: No
Building Interior
- Building Area Source: Estimated
- Building Area Total: 3558.00
- Central Air: No
- Hot Water: Natural Gas
General Information
- Accessibility Features: None
- Cooling: Window Unit(s)
- Stories Total: 3
Exterior
Building Information
- Total Loading Docks: 0
Lot Information
- Lot Dimensions Source: Assessor
- Lot Size Dimensions: 25.00 x 115.00
- Lot Size Source: Assessor
- Lot Size Square Feet: 2875.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Masonry
General Information
- Number Of Units Total: 6
- Sewer: Public Sewer
- Water Access: No
3726 BARING STREET Neighborhood
Community
19104 (PHILADELPHIA) Demographics
3726 BARING STREET Monthly Cost
3726 BARING STREET Market Data
Based on the last 30 days in this zip code
3726 BARING STREET History
| Date | Value | Agent |
|---|---|---|
| 6/16/2026Source: BRIGHT MLS | June 16, 2026 |
Contact Information: [email protected] - 2154134900
