3105 Hamilton St - Apartments FOR SALE


Philadelphia, PA 19104- Powelton
$5,000,000 USD
215-454-2879
3105 Hamilton St, Philadelphia, PA for Sale
$5,000,000 USD
Apartments - FOR SALE
1/1
null | 6% Cap Rate

3105 Hamilton St
Philadelphia, PA 19104
Powelton


OVERVIEW

3105 Hamilton Street is a premier 21-unit, 59-bed student housing asset that has maintained 100% occupancy since its 2014 construction. Featuring a 1:1 bed-to-bath ratio, this 17,907 square foot building is designed for the modern student. The investment thesis centers on a "Deluxe" upgrade to its 2x2 and 4x4 units to capture significant rent premiums starting August 2026. Located in the heart of Powelton Village, just one block from the Drexel Shuttle stop, this 3-story low-rise features granite kitchens and stainless appliances. The property sits within the Drexel University Security Patrol zone, ensuring high demand from parents and students alike. University City is recognized as a regional leader in science and innovation, featuring distinguished universities and hospitals. The neighborhood spans 2.4 square miles and accommodates over 50,000 residents, alongside 85,000 jobs in various sectors, including medicine, higher education, real estate, technology, and hospitality. University City offers extensive real estate development opportunities and provides some of the region's best transportation infrastructure, including highly accessible bicycle and pedestrian thoroughfares. This prominent section of the City stands as a cultural destination and transportation hub, as well as an employment center that supports significant development projects and advances in life sciences. With a diverse population, varied housing and rental options, exceptional educational institutions and medical facilities, and a wide array of amenities, University City is considered one of Philadelphia’s premier neighborhoods and is well-positioned to address both current and future needs.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$220 USD /SF

# OF UNITS

21

PRICE/UNIT

$238,095

CAP RATE

6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

31st and Hamilton

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2013

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

CMX-2

APN/PARCEL ID

881142860

ASK ABOUT THIS PROPERTY

215-454-2879

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215-454-2879

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