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30930466
30930467

3105 Hamilton St, Philadelphia, PA 19104 For Sale

KW
PA 10401252368
GREA
SR
FL SL3567994
GREA
CL
PA RS279134, DE RS001640 (+2)
DY
PA RS356467
GREA
AS
NY 10401388938
GREA
Listed by GREA
$5,000,000
128 days on market
Updated 47 days ago
Opportunity zone

3105-3107 HAMILTON STREET

Details
APN 88-1142860
Property Type Multifamily
Sub Type Apartment Building, Student Housing
Square Footage 17,907
Units 21
Beds 59
Pro-Forma Cap Rate 6.00%
Price per SqFt $279
Class B
Year Built 2013
Buildings 1
Stories 3
Lot Size (SqFt) 9,366
Zoning CMX-2

Multifamily | 21 Units | $238,095/unit

Marketing description

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.


Listing Contacts

KW
PA 10401252368
GREA
SR
FL SL3567994
GREA
CL
PA RS279134, DE RS001640 (+2)
DY
PA RS356467
GREA
AS
NY 10401388938
GREA
Listed by GREA

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