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2,499 sqft

$545,000

3800 SPRING GARDEN STREET, PHILADELPHIA PA, 19104

Price per sqft$218.09
Built in1920
Property size2,499 sqft
Property typeMulti-family

Overview

Active

Active-bright

Listed Aug 21, 2026

Updated 6 days ago

Income-producing corner triplex in Powelton Village, adjacent to University City. Two units are currently leased, with one unit vacant and ready for a new tenant. At full occupancy, current rents total $3,991 per month, or $47,892 annually. For investors who prefer to self-manage, the estimated cap rate is approximately 6.35% based on current income and normalized expenses. The property consists of one 1-bedroom, 1-bath apartment with a private side patio and two 2-bedroom, 1-bath apartments. All three units have updated bathrooms. Additional features include separate electric meters, shared basement laundry, accessible mechanicals, and one water heater replaced in 2026. Located near Drexel University, University of Pennsylvania, CHOP and Penn Presbyterian Medical Center, with convenient access to public transportation and Center City. The corner location provides additional natural light and a more open feel than a typical interior row property. The property is currently professionally managed. Income, leases and expense information are available upon request.

$3,626/mo

Est. mortgage payment based on a $545,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PAPH2662634

Interior Features

Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.02 Acres

Other Property Details

Taxes
$7,388
Tax Frequency
Annually
MLS provider logo

Listed by Coldwell Banker Residential Brokerage - Princeton
Listing Contact: 6099703075 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Bright MLS, Inc. all rights reserved.

Data last updated on 10/2/2026 at 12:35 AM UTC

 

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