517 N 35th St

Beds
Baths
2,364 Sq. Ft.
$275 / Sq. Ft.
2,364
Sq. Ft.
$275
per Sq. Ft.

Description

Turnkey Investment Opportunity! CASH COW in Powelton Village - 517 N. 35th Street is an income-producing, multifamily property located in the heart of Powelton Village. This well-maintained building features 8 self-contained studios, each with its own kitchenette and private bathroom, a low-maintenance, high-demand rental configuration ideal for the student rental and young professional tenant base. The property is currently grossing $80,940 annually, delivering strong, stable cash flow with potential...Turnkey Investment Opportunity! CASH COW in Powelton Village - 517 N. 35th Street is an income-producing, multifamily property located in the heart of Powelton Village. This well-maintained building features 8 self-contained studios, each with its own kitchenette and private bathroom, a low-maintenance, high-demand rental configuration ideal for the student rental and young professional tenant base. The property is currently grossing $80,940 annually, delivering strong, stable cash flow with potential upside through targeted improvements or rental increases. The layout includes 2 rooms on the first floor, 3 rooms on the second floor, and 3 rooms on the third floor. The building is fully leased and respectfully managed. All tenants pay separately for electric, internet and the landlord is responsible for water and common area electric. Located just blocks from Drexel University, the University of Pennsylvania, and Powelton Village, this asset benefits from strong demand from students, young professionals, and medical staff. It’s walkable to campus, SEPTA transit lines, restaurants, and local amenities. Buyer is responsible for verifying any and all zoning, licensure, and usage requirements with the City of Philadelphia.
  1. Listed by Frank L DeFazio • BHHS Fox & Roach-Center City Walnut
    P: (610)-636-4364 frank@centercityteam.com

Property Details for 517 North 35th Street

Tax ID Number
242159900
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Other
Waterfront
No
Garage
No
Expected On Market Date
08-01-2025
Municipality
PHILADELPHIA
LISTING UPDATED: 12/23/2025 01:13 AM

Property Details for 517 North 35th Street

StatusActive
MLS #PAPH2522082
Days on Market216
Taxes$11,296 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1930
Lot Size0.02 AC / 963 SF
CountyPhiladelphia County

Location

Listing Courtesy of BHHS Fox & Roach-Center City Walnut
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Building Information for 517 North 35th Street

Stories-Residences3Year Built1930Building Size-Lot Size0.02 AC / 963 SF

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$4,109 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,168

Property Taxes

$941

HOA Dues

$0

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Property Information for 517 North 35th Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19104 (19104)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $807,000
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $645,600
  • City Town Tax: $4,970
  • Land Assessed Value: $161,400
  • Clean Green Assessed: No
  • Land Use Code: W50
  • Zoning: CMX1
  • Tax Lot: 133
  • School Tax: $6,326
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 2
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 2,364.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 18.00 x 55.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1028248
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Other
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS
  • List Agent URL: www.CenterCityTeam.com

Property History for 517 North 35th Street

DateEvent & SourcePriceAppreciation
Aug 1, 2025

Listed (Active)

BRIGHT #PAPH2522082

$650,000
Jul 29, 2025

Listed (Active)

BRIGHT #PAPH2522082

$650,000
Jan 26, 2018

Closed (Public Record)

Public Record #616716198

$200,000

+8.6% / yr

Oct 30, 2006

Closed

BRIGHT #PAPH150008

$87,100
Sep 29, 2006

Closed (Public Record)

Public Record #240344787

$78,600
Sep 28, 2006

Pending

BRIGHT #PAPH150008

Aug 8, 2006

Listed (Active)

BRIGHT #PAPH150008

$99,900
DateEvent & SourcePrice
08/01/2025

Listed (Active)

BRIGHT #PAPH2522082

$650,000
07/29/2025

Listed (Active)

BRIGHT #PAPH2522082

$650,000
01/26/2018

Closed (Public Record)

Public Record #616716198

$200,000

+8.6% / yr

10/30/2006

Closed

BRIGHT #PAPH150008

$87,100
09/29/2006

Closed (Public Record)

Public Record #240344787

$78,600
09/28/2006

Pending

BRIGHT #PAPH150008

08/08/2006

Listed (Active)

BRIGHT #PAPH150008

$99,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 517 North 35th Street

Taxable ValueLand$161,400Additions$645,600Total$807,000
Tax Record2025$11,296 ($941 / month)
Home Facts
Total Finished SqFt2,364 SqFtAbove Grade Finished SqFt2,364 SqFtStories3Lot Size963 SqFtStyleMulti-Family Dwelling (2-4)Year Built1930ZoningCMX1CountyPHILADELPHIAAPN24-2-1599-00

Schools near 517 North 35th Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 12
Public - 6 to 8
Rating
School
Distance
Mcmichael Morton School
PublicPK to 8

West Philadelphia High School
Public9 to 12

Widener Memorial School
PublicK to 12

Middle Years Alternative School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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517 North 35th Street is a multi-family home for sale in Philadelphia, PA 19104. This property was listed for sale on July 29, 2025 by BHHS Fox & Roach-Center City Walnut, it's currently listed at $650,000. It has been on the market for a total of 216 days and was last sold on January 26, 2018. This listing's school district is The School District of Philadelphia. Nearby schools include Mcmichael Morton School, West Philadelphia High School and Widener Memorial School. 517 North 35th Street is a 0-bed, 0-bath, 2,364 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Fox & Roach-Center City Walnut

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.