1727 ARLINGTON ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19121
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $198
MLS Listing ID PAPH2403890
Style Traditional
Abv Grd Liv Area 2,700
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $4,976
Tax Year 2024
Lot Size 1,035 Sqft
Acres 0.02
Lot Dimensions 15.00 x 69.00
Property Description
Unlock an amazing investment opportunity with this well-maintained student housing apartment building located in the heart of Temple University’s campus. This building has been upgraded in many ways, making it a perfect fit for the students.
Key Features (1) Prime Location: Just minutes from Temple University, this building offers easy access to public transportation, dining, and entertainment, ensuring high occupancy rates year after year. (2) Unit Mix: Comprising of 2 spacious units, including a 2 bedroom and 2 bathroom unit and a 4 bedroom and 4 bathroom unit, this property caters to a diverse student demographic, maximizing rental income potential. Unit 1 is rented for $1500/mo, and Unit 2 is rented for $2800/mo. (3) Strong Rental History: With a proven track record of high occupancy and reliable rental income, this investment promises steady cash flow. Current lease agreements in place provide immediate returns. (4) Modern Amenities: Each unit is equipped with modern kitchens, stainless steel appliances, quartz countertops and much more enhancing tenant satisfaction and retention. (5) Potential for Growth: With the Philadelphia rental market getting better each day now, there’s significant potential for rental rate increases and property value appreciation.
In a city known for its rich education landscape, this is perfect for both investors looking to expand their portfolio as well as new investors to get formidable experience managing a rental property.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Basement Other
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Waterfront N
Water Access N
Accessibility 32\"+ wide Doors,36\"+ wide Halls
Parking Type On Street
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 321146800
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard