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Reda Akbil

3202 Hamilton St

$1,395,000 3202 Hamilton St, Philadelphia, PA 19104
This sale includes both 3202 and 3204 Hamilton st buildings

This exceptional real estate opportunity encompasses both 3202 and 3204 Hamilton St buildings, offering a rare chance to acquire a PRIME location generational investment acquisition opportunity. This turnkey 4-unit property is in the heart of Powelton Village and Drexel University. Each building consists of two units, presenting a total of four units for potential investment.

The property boasts fully leased units until the end of August 2025 currently generating a total of $11,150 per month, offering 7+ cap rate. Each bi-level unit features a spacious open-concept common area, fully equipped kitchen, large bedrooms with full closets, hardwood floors, recessed lighting, modern bathrooms, and separate washer/dryer. Additionally, both Unit 1s are accompanied by a good-size backyard for outdoor space, and all units are metered separately. This building has been fully gutted and partially rebuilt few years ago, offering newer mechanicals, plumbing, electrical and more.

The location is unbeatable , appealing to students, medical professionals, and university staff due to its close proximity to Drexel University, Upenn, and nearby hospitals. Furthermore, with an abundance of public transportation options and its convenience to Downtown Philadelphia, the property is well-positioned for future appreciation potential.

The ongoing new developments in the area, such as Schuylkill Yards, Science Center, and University Place 3.0, further underscore the potential for long-term growth and appreciation.

This multifamily investment opportunity is not to be missed, offering a strong rental history and significant potential for appreciation. Act fast, properties like this one are rare to come to the market!
  • For Sale
    Status
  • 2
    Bedrooms
  • 1870
    Year Built
  • 5,658 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: For Sale
  • Living Space: 5,658 Sq.Ft.
  • Lot Size: 2,000 Sq.Ft.
  • MLS® ID: PAPH2376868
  • Type: Multi-Family
  • Year Built: 1870
  • Architecture Styles: Other
  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Interior

  • Total Bedrooms: 2

Exterior & Building

  • Water Source: Public
  • Heat Type: Forced Air, Natural Gas
  • Air Conditioning: Central Air

Financial

  • Sales Price: $1,395,000
  • Real Estate Tax: $11,198/yr

3202 Hamilton St

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