3608-3612 Spring Garden St | Philadelphia, PA 19104
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3608-3612 Spring Garden St
Philadelphia, PA 19104
The Legacy at Powelton Village · Multifamily Property For Sale
·
30 Units
INVESTMENT HIGHLIGHTS
- 30-Unit, 50-Bed Student Housing Community in the Heart of Philadelphia
- Four Years Remaining on Original 10-Year Tax Abatement
- Close Proximity to Two Growing Universities: The University of Pennsylvania and Drexel University
- Upside Opportunity and Growing Market Rents
PROPERTY FACTS
| No. Units | 30 | Lot Size | 0.34 AC |
| Property Type | Multifamily | Building Size | 25,000 SF |
| Property Subtype | Apartment | Average Occupancy | 93% |
| Apartment Style | Mid-Rise | No. Stories | 4 |
| Building Class | B | Year Built/Renovated | 1920/2016 |
| Zoning | RSA3 - A residential zoning district that's primarily intended for semi-detached and attached houses on individual lots | ||
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.34 AC |
| Building Size | 25,000 SF |
| Average Occupancy | 93% |
| No. Stories | 4 |
| Year Built/Renovated | 1920/2016 |
| Zoning | RSA3 - A residential zoning district that's primarily intended for semi-detached and attached houses on individual lots |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Microwave
- Washer/Dryer
- Granite Countertops
- Hardwood Floors
- Stainless Steel Appliances
- Garden
SITE AMENITIES
- Controlled Access
- Courtyard
- Picnic Area
- Furnished Units Available
- Grill
- Vintage Building
- Bicycle Storage
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 20 | $1,437 | 443 |
| 3+2 | 10 | $2,742 | 1,058 - 1,097 |
PROPERTY TAXES
| Parcel Number | 881561630 | Improvements Assessment | $4,447,080 |
| Land Assessment | $494,120 | Total Assessment | $4,941,200 |
PROPERTY TAXES
Parcel Number
881561630
Land Assessment
$494,120
Improvements Assessment
$4,447,080
Total Assessment
$4,941,200
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