619 N 35Th Street Philadelphia, PA $ 3,800,000
619 N 35Th Street
$ 3,800,000
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619 N 35Th Street

Philadelphia, PA, 19104
$ 3,800,000
Bedrooms-- Baths-- Sq 13,822

Monthly Estimate*

$ 23,397

619 N 35Th Street, Philadelphia, PA 19104 - Image 1
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Commercial Property for sale in Philadelphia, PA

for $3,800,000. This 13,822 square foot building was built in 1920 on a lot size of 0.14.

Newly constructed multifamily building in University City, just steps from Drexel and UPenn. This fully leased property offers 11 apartments with 33 bedrooms and 33 bathrooms over 1,460 SF of retail space. Each unit features private bathrooms, large living areas, and modern finishes. 10-year tax abatement. With an annual gross income of $322K, operating expense of $67k, and net income (NOI) of $255K, this property offers a strong 6.7% cap rate. Ideal for investors seeking a turnkey asset in a prime, high-demand location UCITY the fastest-growing rental submarket in Philadelphia, a Top-10 USA MSA (population) and Top-5 USA MSA for Life Sciences. The Eds & Meds economy powers this district and provides the community with insatiable, perennial rental demand, insulating investment properties for years to come.

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Commercial Active

Price

$ 3,800,000

Property Type

Commercial

Taxes

$ 8,000

Style

Apartment Building

Lot Size

0.14

Year Built

1920

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2586226

Features
Interior
Heating Fuel Electric
Hot Water Electric
Total Stories 3
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 35
Entry Level 1
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Utilities Electric Available Water Available
Possession 0-30 Days CD Delay Settlement Immediate
Zoning CMX2
Construction Materials Masonry Concrete
Year Built 1920
View City
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Gross Income 322668.00
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
Net Operating Income 255217.35
Operating Expense 67450.65
New Construction N
Property Type Commercial Sale
Subdivision Name UNIVERSITY CITY
Possible Use Apartment Building Day Care
Water Access Y/N N
Status ACTIVE
Directions use gps
City PHILADELPHIA
Number Of Units Total 12
MLS Area 19104 (19104)
Lot Size Units Square Feet
Lot Size Square Feet 6000.00
Tax Annual Amount 8000.0
Price Per Sq Ft Total AG 274.92
Lease Considered Y/N N
Vacation Rental Y/N N
Location Type Urban
Standard Status Active
Year Built Source Estimated
Total Actual Rent 322668.00
Cap Rate 6.70
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 13822.00
Lot Dimensions 60.00 x 100.00
Lot Size Acres 0.14
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 619
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* Excluded Features
List By
Keller Williams Liberty Place

Broker

or@agentphl.com

Email

Affordability Calculator

$24,064
Per Month
97%
3%
0%
Monthly Principal & Interest
$23,397
Monthly Property Taxes
$667
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$3,800,000 Listed Price

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619 N 35Th Street, Philadelphia, PA, 19104 is a Commercial Property for sale at $3,800,000 with 13,822 sqft and a lot size of 0.14. 619 N 35Th Street was built in 1920. The property's zip code is 19104 which is in Philadelphia, PA