Income-producing student rental opportunity in the heart of Powelton Village near Drexel University. 416 N 31st Street is a 6-bedroom, 2-bath property fully leased through August 31, 2026 at $4,600 per month, offering stable rental income in a highly desirable university neighborhood. The home offers a practical layout designed for… Read More student housing with large bedrooms, shared living areas, a full kitchen, and two full bathrooms. Its close proximity to Drexel University, the University of Pennsylvania, public transportation, and neighborhood amenities ensures strong and consistent rental demand. The property has experienced 100% occupancy with no meaningful vacancy history, making it a reliable investment opportunity. With low operating expenses, low property taxes, and low insurance costs, this property offers investors strong cash-flow potential in one of Philadelphia's most established student rental markets. Current Lease: $4,600/month through 8/31/2026. Annual Gross Rent: $55,200. Offered at $600,000 Read Less
Courtesy of Frank L DeFazio, BHHS Fox & Roach-Center City Walnut 215-627-6005
Listing Snapshot
Days Online
17
Last Updated
Property Type
Twin Home
Beds
6
Full Baths
2
Square Ft.
1,350
Lot Size
0.04 Acres
Year Built
1920
MLS Number
PAPH2595382
Additional Details
Basement
Full
Building
Built in 1920, Living area: 1350, Levels: 3, Construction Materials: Masonry
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