Philadelphia, PA 19104

Sold 4/28/2016
  • 2,096
Multi-Family Home

Legal, tastefully updated, light-filled, high cash-flowing duplex with separated utilities, located directly across the street from 4 million square foot new development (University Square) in University City/Powelton Village. Fully-occupied with excellent tenants and bringing in gross annual rents of $40,500. Bona fide 7.4% cap rates (factoring in taxes, insurance & maintenance). Amenities include new granite/stainless kitchen, hardwood floors, very spacious interiors, multiple bay windows, expansive rooftop deck overlooking startlingly beautiful European courtyard, large landscaped back yard. Fantastic walkability to Drexel, UPenn and all major University City/Powelton amenities. Location is ideal for explosive growth, directly facing planned U City Square (4 million square feet of lab buildings, commercial & retail space, an urban grocery store, modern fitness center, ample parking, plus new elementary & middle schools.

Property Details
  • Philadelphia
    school district
  • $3,995.00
  • 1918
  • 3
  • 6753672
Ceiling fan(s)
Forced air heat
Natural gas heat
Wood floors
Tile flooring
Full basement
School district: Philadelphia
Brick exterior
Lot acreage is: 0.04
Lot dimension is: 20X96
Lot zoned: RM1
Public sewer
Public water
Units in building(s): 2
Property style: 1
Tax year: 2016
Rooms in unit #1: 8
Rooms in unit #2: 6
Bedrooms in unit #1: 3
Bedrooms in unit #2: 2
Baths in unit #1: 1
Baths in unit #2: 1
Half baths in unit #1: 1
Courtesy of:
BHHS Fox & Roach-Haverford Stn

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Name Type GreatSchools
Powel Samuel School Elementary School / Public 3 0.13 mi.
Middle Years Alternative School Middle School / Public 3 1.07 mi.
West Philadelphia High School High School / Public 1 1.25 mi.
Montessori Genesis II School * Pre-School, Elementary School / Private N/A 0.29 mi.
Greater Love Christian Academy * Elementary School, Middle School, High School / Private N/A 0.33 mi.
Davidson School-Philadelphia * High School / Private N/A 0.44 mi.
Address Distance Sale date Sale price
3717 LANCASTER AVE 0 mi. 4/28/2016 $475,000
3701 BARING ST 0.09 mi. 2/10/2017 $475,000
3607 SPRING GARDEN ST 0.21 mi. 6/5/2017 $420,000
329 N 40TH ST 0.3 mi. 2/22/2017 $470,000
3306 BARING ST 0.31 mi. 3/31/2017 $540,000
3950 LANCASTER AVE #5 0.37 mi. 7/31/2017 $399,000
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3717 LANCASTER Avenue, Philadelphia, PA 19104 multi-family home was sold for $475,000.
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Data last updated: 3/17/2018.
School ratings are supplied by GreatSchools. School attendance zone boundaries are supplied by Maponics. Both are subject to change.

* indicates a school is in close proximity to this home, but this home is not guaranteed to fall within the school's attendance zone boundaries. Check with the applicable school district prior to making a decision based on these boundaries.