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Income-Producing Investment Opportunity in Powelton Village - Loonstyn Brothers Realty LLC is pleased to present 517 N. 35th Street, an investment property located in the heart of Powelton Village, one of Philadelphia's strongest and most sought-after rental markets. The property is currently configured and operated with eight occupied studio-style units, each featuring a private kitchenette and bathroom, creating an efficient layout that has consistently attracted students, young professionals, and medical employees in the surrounding University City area. The property currently generates approximately $72,000 in annual gross rental income and offers investors immediate cash flow with additional upside through mark-to-market rents as units naturally turn over. The current layout consists of two studio-style units on the first floor, three on the second floor, and three on the third floor, providing an efficient and easily managed configuration. Tenants are responsible for their own electric and internet service, while ownership pays for water and common area electric. Ideally located just minutes from Drexel University, the University of Pennsylvania, Penn Medicine, CHOP, public transportation, neighborhood retail, restaurants, and major employment centers, the property benefits from one of Philadelphia's most resilient rental markets with strong long-term housing demand. Prospective purchasers are encouraged to conduct their own independent due diligence regarding zoning, licensing, certificates of occupancy, permitted uses, and all other municipal requirements.

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Listed by Joseph M. Loonstyn Jr. of Loonstyn Brothers Realty LLC

Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which LaShonda Russell participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated August 29, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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