UPDATED:
10/10/2024 08:17 PM
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 3,411 sqft
Price per Sqft $128
MLS Listing ID PAPH2405544
Style Straight Thru
Abv Grd Liv Area 3,411
Originating Board BRIGHT
Year Built 2010
Annual Tax Amount $7,838
Tax Year 2024
Lot Size 1,536 Sqft
Acres 0.04
Lot Dimensions 16.00 x 96.00
Property Description
Prime Investment Opportunity Near Temple University!
Welcome to this outstanding multi-unit property, perfectly positioned in the thriving Temple University area of Philadelphia. This well-maintained building offers two fully leased units, generating an incredible monthly income of $3,800. With leases secured through July 31, 2025, investors can enjoy immediate and reliable cash flow.
Property Highlights:
- Unit Mix: Two spacious 4-bedroom, 2-bath apartments
- Current Rental Income: $3,800 per month ($45,600 annually)
- Lease Terms: Fully leased through July 2025, ensuring stable occupancy and consistent income
- Condition: Well-maintained and updated, appealing to high-quality tenants
- Location: Prime proximity to Temple University, a high-demand area for student and professional rentals
Investment Benefits:
- Immediate Income: Established rental history with dependable cash flow
- Desirable Location: High demand from students and other prospective tenants in a vibrant, growing area
- Future Growth Potential: Situated in a neighborhood with ongoing development and property value appreciation
- Turnkey Investment: Minimal maintenance required, with long-term tenants already in place
This is a rare opportunity to acquire a fully leased, turnkey investment property in one of Philadelphia’s hottest rental markets. Whether you're expanding your portfolio or just starting out, this property offers a strong return and significant long-term potential.
Schedule a showing today and explore this exciting investment opportunity!
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 321228000
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
"My goal for each transaction is to give my buyers the information they need to make good decisions regarding neighborhoods, housing choices, pricing and negotiating the purchase."