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Philadelphia,PA 19121
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,829 sqft
Price per Sqft $235
MLS Listing ID PAPH2449320
Style Traditional
Abv Grd Liv Area 2,829
Originating Board BRIGHT
Year Built 2014
Annual Tax Amount $8,520
Tax Year 2024
Lot Size 1,301 Sqft
Acres 0.03
Lot Dimensions 16.00 x 81.00
Property Sub-Type Interior Row/Townhouse
Property Description
Check out this modern duplex situated on one of the most student-populated blocks in Temple University's off-campus housing. This high-demand rental property offers luxurious living with premium amenities, including central air and heat, sleek hardwood flooring, natural stone kitchen counters, and in-unit laundry. Tenants enjoy easy access to key student destinations like Geasy Field, Polett Walk, and The Liacouras Center while being in the heart of Temple's thriving off-campus community. Unit A is a 4-bedroom, 2-bathroom apartment featuring an expansive first-floor living area that flows seamlessly into a contemporary kitchen with an island and stainless steel appliances. Unit B is a 5-bedroom, 4-bathroom apartment with spacious layouts and custom closet shelving designed for student comfort. This unit also boasts high-end entertainment features, including a flat-screen TV with surround sound, outdoor speakers with aux hookups, and a large fiberglass rooftop deck with a stunning view of the Philadelphia skyline. The gross annual income for the 2025-2026 school year is $67,800 with estimated expenses at $19,191. With an estimated net operating income of $48,608 and offered at a 7.31% cap rate, this building is a cash flow machine and will be a great addition to any investor's portfolio! With a strong rental history, this duplex presents an excellent investment opportunity in one of the most sought-after student rental locations. Don't miss out on adding this high-performing property to your portfolio!
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Basement Fully Finished
Interior
Interior Features Built-Ins,Floor Plan - Open,Combination Kitchen/Dining,Walk-in Closet(s),Wood Floors
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Hardwood,Luxury Vinyl Plank
Inclusions All appliances in as is working condition
Equipment Built-In Microwave,Dishwasher,Washer/Dryer Stacked,Stainless Steel Appliances
Fireplace N
Appliance Built-In Microwave,Dishwasher,Washer/Dryer Stacked,Stainless Steel Appliances
Heat Source Natural Gas
Exterior
Exterior Feature Deck(s),Patio(s)
Water Access N
Roof Type Flat
Accessibility None
Porch Deck(s),Patio(s)
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade,Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 321247800
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard