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… Read More 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. Read Less
Courtesy of Scott Scuderi, OCF Realty LLC - Philadelphia [email protected]
Listing Snapshot
Days Online
30
Last Updated
Property Type
Townhouse
Square Ft.
2,700
Lot Size
0.02 Acres
Year Built
1915
MLS Number
PAPH2403890
Additional Details
Building
2,700 sqft living area, Built in 1915, Structure Type: Interior Row/Townhouse, 2 units in building, Traditional, Masonry
Cooling
Central Air, Electric, Central A/C
Accessibility Features
32+ wide Doors, 36+ wide Halls
Foundation
Concrete Perimeter
Heating
Electric, Forced Air
Lot
1,035 sqft, Lot Size Dimensions: 15.00 x 69.00, 0.02 acres
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