$425,000

Estimated payment $2,650/month

Total Views 4,103
-- Bed
-- Bath
1,567 Sq Ft
$271 Price per Sq Ft

Highlights

  • Traditional Architecture
  • 2-minute walk to Lancaster Avenue And Spring Garden Street
  • 3-minute walk to Urban Thinkscape
  • Central Heating

About This Home

Charming Triplex in University City – A Smart Investment and Comfortable HomeLocation: 3932 Spring Garden Street, University City, Philadelphia, PADiscover the perfect blend of style, comfort, and convenience in this beautifully renovated triplex, ideally located in the dynamic University City neighborhood of Philadelphia. Whether you're an investor seeking a wise purchase or a homeowner looking for a residence that helps pay for itself, this property offers a unique opportunity.Property Features:Units: 3 (Triplex)Renovations: Two units have been fully renovated with modern, high-quality finishes.Kitchens: Brand new, sleek cabinetry paired with practical butcher block countertops. The kitchens on the second and third floors are designed to satisfy any chef’s dreams.Bathrooms: Tastefully updated with contemporary fixtures, including new bathtub/shower combinations and stylish vanities.Living Spaces: Modern and spacious, providing a comfortable and stylish living environment.Location Benefits:Proximity to Academia: Just minutes away from the University of Pennsylvania and Drexel University.Access to Amenities: Enjoy an array of dining, shopping, and entertainment options right at your doorstep.Community Vibe: Situated in a lively area known for its vibrant community spirit and cultural offerings.Investment Potential:This property is an excellent choice for those looking to live in one unit while renting out the others. The two additional units can significantly offset mortgage and maintenance costs, making it a financially appealing option for savvy buyers.Don't miss out on this incredible opportunity in one of Philadelphia's most sought-after neighborhoods. Contact us today to schedule a tour and see firsthand the potential of 3932 Spring Garden Street!

Listing Agent

Nicole Glass

Rivera Realty, LLC License #1752061 Listed on: 04/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,632

Year Built

  • Built in 1930

Lot Details

  • 990 Sq Ft Lot
  • Lot Dimensions are 15.00 x 66.00

Parking

  • On-Street Parking

Home Design

  • 1,567 Sq Ft Home
  • Triplex
  • Traditional Architecture
  • Masonry

Utilities

  • Central Heating
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 218
  • Assessor Parcel Number 241206200

Community Details

Overview

  • 3 Units
  • 3-Story Building
  • University City Subdivision

Building Details

  • Trash Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,632

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 4/15/2025 12:00:00 AM
  • Year Built: 1930
  • Remarks Public: Charming Triplex in University City – A Smart Investment and Comfortable Home Location: 3932 Spring Garden Street, University City, Philadelphia, PA Discover the perfect blend of style, comfort, and convenience in this beautifully renovated triplex, ideally located in the dynamic University City neighborhood of Philadelphia. Whether you're an investor seeking a wise purchase or a homeowner looking for a residence that helps pay for itself, this property offers a unique opportunity. Property Features: Units: 3 (Triplex) Renovations: Two units have been fully renovated with modern, high-quality finishes. Kitchens: Brand new, sleek cabinetry paired with practical butcher block countertops. The kitchens on the second and third floors are designed to satisfy any chef’s dreams. Bathrooms: Tastefully updated with contemporary fixtures, including new bathtub/shower combinations and stylish vanities. Living Spaces: Modern and spacious, providing a comfortable and stylish living environment. Location Benefits: Proximity to Academia: Just minutes away from the University of Pennsylvania and Drexel University. Access to Amenities: Enjoy an array of dining, shopping, and entertainment options right at your doorstep. Community Vibe: Situated in a lively area known for its vibrant community spirit and cultural offerings. Investment Potential: This property is an excellent choice for those looking to live in one unit while renting out the others. The two additional units can significantly offset mortgage and maintenance costs, making it a financially appealing option for savvy buyers. Don't miss out on this incredible opportunity in one of Philadelphia's most sought-after neighborhoods. Contact us today to schedule a tour and see firsthand the potential of 3932 Spring Garden Street!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room Count: 3
  • Basement: No
  • Total Sq Ft: 1567
  • Living Area Sq Ft: 1567
  • Price Per Sq Ft: 271.22
  • Above Grade Finished Sq Ft: 1567
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3932

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U50
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15.00 x 66.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 990.00
  • Year Assessed: 2023
  • Zoning: RM1

Rental Info

  • Existing Lease Type: Long Term
  • Rent Control: No
  • Total Actual Rent: 36000.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 1993.00
  • Tax Annual Amount: 3632.00
  • Assessor Parcel Number: 241206200
  • Tax Lot: 218
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Single Room Units Count: 1

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,632 $440,700 $88,140 $352,560
2024 $3,632 $440,700 $88,140 $352,560
2023 $3,632 $259,500 $51,900 $207,600
2022 $3,364 $259,500 $51,900 $207,600
2021 $3,364 $0 $0 $0
2020 $3,364 $0 $0 $0
2019 $3,238 $0 $0 $0
2018 $2,009 $0 $0 $0
2017 $2,009 $0 $0 $0
2016 $1,996 $0 $0 $0
2015 $1,276 $0 $0 $0
2014 -- $143,500 $10,095 $133,405
2012 -- $8,512 $2,380 $6,132
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Price Changed $425,000 -2.3% $271 / Sq Ft
05/30/2025 05/30/25 Price Changed $435,000 -2.2% $278 / Sq Ft
05/06/2025 05/06/25 Price Changed $444,900 -1.1% $284 / Sq Ft
04/15/2025 04/15/25 For Sale $450,000 0.0% $287 / Sq Ft
08/15/2023 08/15/23 Rented $1,050 -12.5% --
07/26/2023 07/26/23 Under Contract -- -- --
07/17/2023 07/17/23 For Rent $1,200 0.0% --
07/17/2023 07/17/23 Off Market $1,200 -- --
06/19/2023 06/19/23 For Rent $1,200 0.0% --
10/13/2022 10/13/22 Sold $345,000 -9.0% $220 / Sq Ft
08/15/2022 08/15/22 Price Changed $379,000 -5.0% $242 / Sq Ft
07/27/2022 07/27/22 Price Changed $399,000 -1.5% $255 / Sq Ft
07/08/2022 07/08/22 For Sale $405,000 -- $258 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $345,000 World Wide Land Transfer
Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $258,750 New Conventional
Previous Owner $38,000 Commercial
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2456078

Bright MLS

APN: 241206200