We are pleased to present 521 N 34th Street, an 11-unit multifamily investment opportunity located in the heart of Philadelphia's University City neighborhood. Constructed in 2018, the property consists of 17,100 rentable square feet and features a highly desirable unit mix of eight bi-level three-bedroom, three-bathroom units, one two-bedroom, two-and-a-half-bathroom unit, and two one-bedroom, one-and-a-half-bathroom units. The asset is currently 100% occupied and generates approximately $266,636 in annual Net Operating Income. Located within walking distance of Drexel University, the University of Pennsylvania, Penn Medicine, and numerous major employers, the property benefits from one of Philadelphia's strongest and most resilient rental markets. With modern construction, oversized floor plans averaging 1,555 square feet, and minimal anticipated capital expenditures, 521 N 34th Street offers investors a turnkey opportunity with durable cash flow and long-term appreciation potential.
Listed By
Agency Name: Trophy Commercial Real Estate LLC
Agency Phone: 2156085745
Shown By
Agent Name: The Jeramie McLaughlin Team
Agent Phone: (717) 842-0512
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Estimated Payment
$ 12,070.25 per month $8,178.96 Principal & Interest $2,819.42 Property Tax $1,071.88 Homeowner's Insurance
521 N 34th Street | MLS# PAPH2640534
This multi-family property located at 521 N 34th Street, Philadelphia, PA 19104 is currently listed for sale with an asking price of $3,675,000. N 34th Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.tjmtrealty.com today.