3408 Race St | Philadelphia, PA 19104
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3408 Race St
Philadelphia, PA 19104
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Value-Add Opportunity: Ability to Increase Rents 15% to 20% with New Kitchens and Baths
- Generational Opportunities: Properties this Close to Campus Come Up for Sale Once Each 10 to 20 Years
- Outstanding Rental Pool: Primarily Undergraduates, Graduates and Young Professionals
- Excellent Location: Two-Minute Walk to the Drexel University
- University City: Outstanding Location within Powelton Village
Property Facts
| No. Units | 5 | Lot Size | 0.10 AC |
| Property Type | Multifamily | Building Size | 5,187 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1890 |
| Building Class | C | Parking Ratio | 0.77/1,000 SF |
| Zoning | RTA1 - Residential | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 5,187 SF |
| No. Stories | 3 |
| Year Built | 1890 |
| Parking Ratio | 0.77/1,000 SF |
| Zoning | RTA1 - Residential |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | - | - |
Property Taxes
| Parcel Number | 881810205 | Improvements Assessment | $447,300 |
| Land Assessment | $191,700 | Total Assessment | $639,000 |
Property Taxes
Parcel Number
881810205
Land Assessment
$191,700
Improvements Assessment
$447,300
Total Assessment
$639,000
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