BEDS6
BATHS2 full
SQUARE FEET1,350
MLS#PAPH2595382
STATUSACTIVE
PROPERTY TYPEResidential - Single Family
SUBDIVISIONPOWELTON VILLAGE
SCHOOLPHILADELPHIA CITY
Property Description
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 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
Property Features
Property Type: Residential - Single Family
Basement: Full
Basement: Yes
Fuel Type: Electric
Home Style: Other, A-Frame
Lot Size: 0.04 Acres
Stories: 3.0
Taxes: $6,916
Year Built: 1920
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Days on Site: 25
Exterior: Masonry
Lot Dimensions: 0.04 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
SQFT Above Finished: 1350
SQFT Total Finished: 1350
Structure Type: Twin/Semi-Detached
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: BHHS Fox & Roach-Center City Walnut
Agency Phone: 2156276005
Shown By
Agent Name: Todd & Jeanette Baringer
Agent Phone: (610) 360-9572
Agency Title: Real Estate Excel, The Baringer Group, Ltd.
Estimate Your Payment
Estimated Payment
$ 2,086.67 per month $1,335.34 Principal & Interest $576.33 Property Tax $175.00 Homeowner's Insurance
416 N 31st Street | MLS# PAPH2595382
This single family home located at 416 N 31st Street, Philadelphia, PA 19104 is currently listed for sale with an asking price of $600,000. This property was built in 1920 and has 6 bedrooms and 2 full baths with 1350 sq. ft. N 31st Street is located in the POWELTON VILLAGE subdivision within the PHILADELPHIA CITY school district. Search POWELTON VILLAGE real estate on tbaringer.reexcelpros.com today.