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3315 Spring Garden St
Philadelphia, PA 19104
Multifamily Property For Sale · 4 Units

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INVESTMENT HIGHLIGHTS

  • $1M balance in Assumable loan for 3.7% until 2031
  • Location - Heart of University City/Drexel University
  • Turnkey, fully leased and low maintance
  • Full management available

EXECUTIVE SUMMARY

Assumable loan at 3.7%, Newer construction in the heart of University city/Drexel university area. Large and modern units that rent themselves. 100% leased since construction producing great cashflow with very low maintenance. Tax abatement in place. Full management available for a turnkey investment.

PROPERTY FACTS

Price Per Unit $585,191 CAD
Sale Type Investment
Cap Rate 6.23%
Sale Condition 1031 Exchange
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.04 AC
Building Size 4,080 SF
Average Occupancy 100%
No. Stories 4
Year Built 2018
Opportunity Zone Yes
Zoning RM1 - Residential mixed use zoning
  • Listing ID: 38058125

  • Date on Market: 2025-10-13

  • Last Updated:

  • Address: 3315 Spring Garden St, Philadelphia, PA 19104

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