3601-3603 Melon St is a pair of joined duplexes located in Philadelphia's booming Mantua neighborhood, a few blocks from Drexel University and a few minutes from the University of Pennsylvania. Built in 2014, these newer properties with gross rents of $49,680.00 per year, feature mirrored layouts with a total of four 2-bedroom, 1-bathroom apartments. Each apartment has the bedrooms on opposite ends, great for roommate privacy, a full hall bathroom, and an open living room and modern kitchen at the center. The lower units have access to the rear yards and the basements. The owners expenses are minimal and the buildings offer a 7.5% cap rate. This is a fully rented, turnkey opportunity! Not only is this location minutes from nearby universities, it's also close to the Philadelphia Museum of Art, Kelly Drive, the extensive Schuylkill River Trail, and the Philadelphia Zoo. Plus, there's easy access to public transit, I-76, and I-676. Schedule your tour today!
Sold for $432,500
$432,500
3601 Melon St #3603, Philadelphia, PA 19104
8beds
4baths
2,513sqft
Quadruplex
Built in 1925
-- sqft lot
$492,200 Zestimate®
$172/sqft
$1,874 Estimated rent
Home value
$492,200
$453,000 - $536,000
$1,874/mo
Zestimate® history
Owner options
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$2,649/mo
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List your homeWhat's special
Full hall bathroomKelly driveExtensive schuylkill river trailModern kitchen
Zillow last checked:
Listing updated:
Listed by:
Stuart Cohen 215-275-0800,
KW Philly,
Listing Team: The Mike Mccann Team
Bought with:
ERIC Dvotsky, rs332410
BHHS Fox & Roach-Center City Walnut
Source: Bright MLS,MLS#: PAPH2235842
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- Wall Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,513
- Total interior livable area: 2,513 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,182 Square Feet
- Dimensions: 32.00 x 76.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 242112200
- Zoning: RSA5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Straight Thru
- Property subtype: Quadruplex
Materials
- Masonry
- Foundation: Stone
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $172/sqft
- Tax assessed value: $193,637
- Annual tax amount: $5,094
- Date on market: 5/15/2023
- Listing agreement: Exclusive Right To Sell
- Inclusions: 2 Washers And Dryers In The Basements
- Exclusions: All Tenants Possessions
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2023 | Sold | $432,500+1.8%$172/sqft |
Source:  Bright MLS #PAPH2235842 Report a problem | ||
| 5/24/2023 | Pending sale | $425,000$169/sqft |
Source: Bright MLS #PAPH2235842 Report a problem | ||
| 5/15/2023 | Listed for sale | $425,000$169/sqft |
Source: Bright MLS #PAPH2235842 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Mantua
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Nearby schools
GreatSchools rating
- 4/10Mcmichael Morton SchoolGrades: PK-8Distance: 0.1 mi
- 3/10West Philadelphia High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- District: The School District Of Philadelphia
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$492,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$492,200
- Pennsylvania
- Philadelphia County
- Philadelphia
- 19104
- Mantua
- 3601 Melon St Unit 3603
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