Turnkey Triplex in Powelton Village with Reliable Income and Room to GrowWelcome to 3800 Spring Garden Street, a fully occupied triplex set on a prime corner in Powelton Village and University City. This location delivers constant rental demand from Drexel University, the University of Pennsylvania, CHOP, and Presbyterian Hospital. It remains one of the most dependable rental corridors in Philadelphia.The building is fully leased and low maintenance. Each unit has efficient layouts and updated bathrooms. With separate electric meters, basement mechanicals, and shared basement laundry, the property is easy to manage and simple to maintain.Property Features• Fully occupied with consistent rent collection• Updated bathrooms in all units• Unit 1 is a one bedroom one bath with a private side patio• Unit 2 is a two bedroom one bath• Unit 3 is a two bedroom one bath• Separate electric meters• Shared basement laundry• Accessible mechanicals for service and repairsPowelton Village continues to show strong rental growth. With stable income today and room for improved rents over time, this building offers long term potential in one of the most reliable rental pockets of the city.A practical choice for investors looking for immediate income, minimal turnover, and long term value in a proven location. Tenant occupied. 48 hour notice to tenants is required.Leasing information will be provided by the property management company with an accepted offer.
Listed by:
Coldwell Banker Residential Brokerage - Princeton
Source:
BRIGHT MLS
| Date | Days Ago | Event | New Price |
|---|---|---|---|
| Nov 17, 2025 | 18 days ago | Price decreased1,000 (0%) | $638,000 |
| Sep 22, 2025 | 2 mos ago | New on market | $639,000 |