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29942460
29812525

3820 Lancaster Ave, Philadelphia, PA 19104

SW
PA 326040
SDG Real Estate
SS
PA RM424801
SDG Real Estate
Listed by SDG Real Estate
$1,100,000
104 days on market
Updated 8 days ago
Opportunity zone

3820 Lancaster Ave

Details
Property Type Multifamily, Mixed Use
Sub Type Student Housing, Apartment Building
Square Footage 4,980
Units 3
Occupancy 100%
Tenancy Multi
Price per SqFt $231
Class B
Year Built 1920
Buildings 1
Lot Size (SqFt) 2,178
Zoning CMX2 (Mixed-use)
Ownership Fee Simple

Mixed use Univercity City Quadplex

Marketing description

Introducing 3820 Lancaster Avenue, a turnkey mixed-use investment opportunity in the heart of University City, just steps from Drexel University’s campus.

The ground floor is occupied by Gaetano’s Pizza & Steaks, a well-established and recognizable neighborhood staple providing consistent commercial presence and strong street-level visibility along the highly trafficked Lancaster Avenue corridor.

This thoughtful configuration appeals directly to the strong and consistent rental demand driven by Drexel University, University of Pennsylvania, and the surrounding medical and academic institutions.

3820 Lancaster Ave presents an exceptional opportunity for investors seeking stable mixed-use income in a high-demand University City location.

For additional information or to schedule a tour, please contact our team.

A prime mixed-use investment opportunity in the heart of University City, just steps from Drexel University. The property features Gaetano’s Pizza & Steaks on the ground floor with three residential units above, including a 1-bed/1-bath, a studio, and a 2-bed/2-bath. This well-balanced unit mix benefits from strong rental demand driven by the surrounding universities and medical institutions.

Investment highlights

  • Located in one of Philadelphia’s most dynamic and rapidly growing neighborhoods, the property benefits from:
  • Immediate proximity to Drexel University
  • Easy access to UPenn and major hospitals
  • Walkability to retail, dining, and public transportation
  • Strong student and young professional rental pool
  • Above the commercial space are three residential units, offering an excellent and diverse unit mix:
  • (1) One-bedroom, one-bath unit
  • (1) Studio apartment
  • (1) Two-bedroom, two-bath unit

Listing Contacts

SW
PA 326040
SDG Real Estate
SS
PA RM424801
SDG Real Estate
Listed by SDG Real Estate

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