416 N 31st St, Philadelphia, PA 19104

$600,000
: 6
BD
: 2
BA
: 1,350
SqFt

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

List Price: $600,000
Days on Market: 133
Status: ACTIVE
MLS#: PAPH2595382
Bedrooms: 6
Bathrooms: 2
Full Baths: 2
Living Area: 1,350
Lot Size (Acres): 0.04
Style: Other, A-Frame
Year Built: 1920
County: Philadelphia
School District: Philadelphia City

New Search

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

Search All Properties

Additional Information