Description
This sale includes both 3202 and 3204 hamilton st buildings
this exceptional real estate opportunity encompasses both 3202 and 3204 hamilton st buildings, offering a rare chance to acquire a prime location generational investment acquisition opportunity. this turnkey 4-unit property is in the heart of powelton village and drexel university. each building consists of two units, presenting a total of four units for potential investment.
the property boasts fully leased units until the end of august 2025 currently generating a total of $11,150 per month, offering 7+ cap rate. each bi-level unit features a spacious open-concept common area, fully equipped kitchen, large bedrooms with full closets, hardwood floors, recessed lighting, modern bathrooms, and separate washer/dryer. additionally, both unit 1s are accompanied by a good-size backyard for outdoor space, and all units are metered separately. this building has been fully gutted and partially rebuilt few years ago, offering newer mechanicals, plumbing, electrical and more.
the location is unbeatable , appealing to students, medical professionals, and university staff due to its close proximity to drexel university, upenn, and nearby hospitals. furthermore, with an abundance of public transportation options and its convenience to downtown philadelphia, the property is well-positioned for future appreciation potential.
the ongoing new developments in the area, such as schuylkill yards, science center, and university place 3.0, further underscore the potential for long-term growth and appreciation.
this multifamily investment opportunity is not to be missed, offering a strong rental history and significant potential for appreciation. act fast, properties like this one are rare to come to the market!
Property Type
Multi-FamilySubdivision
Powelton VillageCounty
PHILADELPHIAStyle
OtherAD ID
46379042
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Heating & Cooling
- Cooling: Central A/C
- Heating: 90% Forced Air
- Cooling Fuel: Natural Gas
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1870
- Structure: Other
- New Construction: No
- Total Units: 4
- Built: 1870
- Construction Material: Masonry
- Architecture: Other
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Septic
Water
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 2,000
- Dimensions: 20.00 x 100.00
- Lot Size (Acres): 0.05
- Architectural Style: Other
- Main Square Feet: 2,000
Property Information
- SQ ft: 5,658
- SQ ft (Living Area): 5,658
- Total Lot SQ ft: 2,000
- Subdivision: POWELTON VILLAGE
- Financing: Cash,Conventional
- Appx. Lot Dimensions: 20.00 x 100.00
- Total Acreage: 0.05
- New Construction: No
- Type: Other
-
Listing Information
Listing Information
- Possession: 0-30 Days CD
- Days Of Market: 192
-
Taxes / Assessments
Tax Information
- Annual Tax: $15,175
- Tax Year: 2025
- Total Taxes Payment Frequency: Annually
Possession
- 0-30 Days CD
Assessment Information
- Taxes Assessment Amount: $1,084,100
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: None
Multi-Unit Information
- Acceptable Financing: Cash,Conventional
Homeowners Association Information
- Direction: Hamilton st
-
School, Utilities & Location Details
School Information
- School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Utility Information
- Water Source: Public
- Sewer: Public Septic
- Cooling Fuel: Natural Gas
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
Location Information
- Direction: Hamilton st
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BuyOwner last updated this listing 05/13/2025 @ 22:21
- MLS: PAPH2376868
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 2,000 sized lot, and 0 parking. are nearby neighborhoods.