UPDATED:
10/10/2024 08:19 PM
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $112
Subdivision Philadelphia (North)
MLS Listing ID PAPH2407622
Style Other
Abv Grd Liv Area 4,800
Originating Board BRIGHT
Year Built 2010
Annual Tax Amount $48
Tax Year 2024
Lot Size 1,728 Sqft
Acres 0.04
Property Description
Prime Investment Opportunity Near Temple University!
Discover this exceptional triplex multi-unit property in the vibrant Temple University area of Philadelphia. Fully leased and generating $5,025 in monthly income, this well-maintained building offers immediate, reliable cash flow through end of July 2025.
**Property Highlights:**
- Triplex
- Unit Mix: Two spacious 3-bedroom, 2-bath apartments & One 5-bedroom, 3-bath apartment
- Rental Income: $5,025 per month ($60,300 annually)
- Lease Terms: Fully leased through end of July 2025, providing stable occupancy
- Condition: Well-maintained with recent updates, attracting quality tenants
- Location: Prime proximity to Temple University, in high demand for student and other high quality rentals
**Investment Benefits:**
- Immediate Income: Proven rental history and dependable cash flow
- Desirable Location: Popular area with strong tenant demand
- Growth Potential: Located in a neighborhood with ongoing development and rising property values
- Turnkey Investment: Minimal maintenance, long-term tenants already secured
This is a rare opportunity to acquire a fully leased, turnkey property in one of Philadelphia's hottest rental markets. Whether expanding your portfolio or starting out, this property promises strong returns and long-term growth potential.
**Schedule your showing today to explore this outstanding investment!**
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning R 10
Rooms
Basement Full
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Electric
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 Other
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 321228300
Ownership Fee Simple
SqFt Source Estimated
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."