3800 SPRING GARDEN ST, Philadelphia, PA 19104

• 2,499 sqft

Property Description

Fully leased corner triplex in highly desirable Powelton Village, directly adjacent to University City. This prime location is surrounded by major employment and demand drivers including Drexel University, University of Pennsylvania, Children’s Hospital of Philadelphia (CHOP), and Penn Presbyterian Medical Center. The strong institutional presence supports consistent rental demand, low vacancy, and excellent long-term investment performance. The property is currently generating $46,200 in annual gross rental income with all units occupied and leases in place. The unit mix includes one 1-bedroom, 1-bath apartment featuring a private side patio and two 2-bedroom, 1-bath apartments. All three units have updated bathrooms. Additional features include separate electric meters (tenant-paid utilities), shared basement laundry, accessible mechanicals, and water heaters replaced in 2026. This low-maintenance, turnkey investment property delivers immediate cash flow and strong rental yields in one of Philadelphia’s most established rental corridors. The corner positioning provides superior natural light and a more open feel than typical interior row homes. Convenient access to public transportation, Center City, dining, shopping, and major hospitals further enhances tenant appeal.

Listing Status:

Active

Data Last Updated:

August 13, 2026 at 4:19AM

Listing Office:

Coldwell Banker Residential Brokerage - Princeton : 6099211411

Listing Agent:

Margaret McCain : 6099703075

MLS ID:

PAPH2587784

Interior

• Basement: Other
• A/C: Central A/C
• Heating: CentralNatural Gas
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Other

Construction

• Roofing: Flat
• General: MasonryBrick/Mortar

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: RM1241203600

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN