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3202 Hamilton Street

Philadelphia, PA 19104

– beds
– baths
5,658 sqft
2,000 sqft lot
$246 per sqft
1870 build

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!

Listing courtesy of BRIGHT / Compass Pennsylvania, LLC

Last checked: Checking… • Last updated Oct 17, 2024 •

MLS# PAPH2376868 —

The Building

Year Built:

1870
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Masonry
Structure Type:

Other
Architectural Style:

Other
Building Units Total:

4
Accessibility Features:

None
Basement:

No
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

5658
Living Area SqFt:

5,658 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional
Possession:

0-30 Days CD

Location

Directions:

Hamilton st
Latitude:

39.96221000
Longitude:

-75.18886000

The Property

Property Type:

Multi-Family
Property Subtype:

Quadruplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.05
Lot Size Source:

Assessor
Lot Size Dimensions:

20.00 x 100.00
Lot Dimensions Source:

Assessor
Lot SqFt:

2,000 Sqft
Zoning:

RTA1
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

241179320
Tax Year:

2024
Tax Annual Amount:

$11,198
Tax Assessed Value:

$800,000
Year Assessed:

2024
School Tax:

6271.0
City/Town Tax:

4927.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Natural Gas
Heating:

Yes
Heating Type:

90% Forced Air
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Septic
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

The School District Of Philadelphia
School District Source:

Listing Agent

The Community

Subdivision Name:

Powelton Village
Pool:

No Pool

Parking

Garage:

No
Type of Parking:

None

Extra Units

Vacation Rental:

No
Three Bedroom Units:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/17/24 Jul 17, 2024	Listed / Active	BRIGHT	$1,395,000

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This multifamily located in West Philadelphia, Philadelphia, PA 19104 is currently for sale for $1,395,000. 3202 Hamilton Street is a 5,658 square foot multifamily with – beds and – baths. 3202 Hamilton Street is in the West Philadelphia neighborhood of Philadelphia and has a WalkScore® of 87, making it very walkable. This multifamily is in the attendance area of Science Leadership Academy Middle School, Samuel Powell School, and West Philadelphia High School.

Listing Courtesy of: BRIGHT and Compass Pennsylvania, LLC.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.