3627 Powelton Ave Philadelphia, PA 19104
Powelton Village NeighborhoodEstimated payment $5,845/month
Highlights
- Traditional Architecture
- 2-minute walk to Lancaster Avenue And 38Th Street
- Property is in very good condition
- Central Air
- Hot Water Heating System
- 5-minute walk to Saunders Park
About This Home
INVESTORS ALERT!!! Welcome to this 5 unit investment property, walking distance from Drexel University and University of Pennsylvania. Property includes 4 One Bedroom units and 1 Two Bedrooms, currently fully occupied on month-to-month leases with long term tenants, grosing a total rental income of $65,000.00. Because of the long term tenants, monthly rents are under current market fair value, and the property has a potential of grossing a minimum of at least $80,000.00/year, in a prime location. Property sold as-is. All utilities are seperate and all tenants have access to the basement, which is used for storage and provides all habitants access to a washer and dryer. Make your appointment today!!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,262
Year Built
- Built in 1915
Lot Details
- 2,925 Sq Ft Lot
- Property is in very good condition
Parking
- Surface Parking
Home Design
- 2,960 Sq Ft Home
- Traditional Architecture
- Masonry
Utilities
- Central Air
- Hot Water Heating System
- Natural Gas Water Heater
- Public Septic
Community Details
- 4 Units
Listing and Financial Details
- Tax Lot 4045
- Assessor Parcel Number 241151200
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,263 | $768,300 | $153,660 | $614,640 |
| 2024 | $6,263 | $768,300 | $153,660 | $614,640 |
| 2023 | $6,263 | $447,400 | $89,480 | $357,920 |
| 2022 | $5,816 | $447,400 | $89,480 | $357,920 |
| 2021 | $5,816 | $0 | $0 | $0 |
| 2020 | $5,816 | $0 | $0 | $0 |
| 2019 | $5,599 | $0 | $0 | $0 |
| 2018 | $5,095 | $0 | $0 | $0 |
| 2017 | $5,095 | $0 | $0 | $0 |
| 2016 | $5,095 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $364,000 | $54,363 | $309,637 |
| 2012 | -- | $21,696 | $7,961 | $13,735 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2025 06/05/25 | Price Changed | $999,000 | 0.0% | $338 / Sq Ft |
| 06/05/2025 06/05/25 | For Sale | $999,000 | +4.6% | $338 / Sq Ft |
| 05/30/2025 05/30/25 | Price Changed | $955,000 | -4.5% | $323 / Sq Ft |
| 05/29/2025 05/29/25 | Pending | -- | -- | -- |
| 11/14/2024 11/14/24 | For Sale | $999,999 | -- | $338 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $543,000 | The Abstract Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $625,000 | Commercial |
Source: Bright MLS
MLS Number: PAPH2420430
APN: 241151200
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