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Evan McCoy

evan@revolhomes.com +1(301) 908-6187

Listed by Jake Cho • Taylor Properties

$ 430,000

Est. payment | -/mo

9 Beds

8 Baths

2,565 SqFt

Save

$ 430,000

Est. payment | -/mo

Save

9 Beds

8 Baths

2,565 SqFt

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,565 sqft

Price per Sqft $167

Subdivision Temple University

MLS Listing ID PAPH2685286

Style Other

Bedrooms 9

Full Baths 8

HOA Y/N N

Abv Grd Liv Area 2,565

Year Built 2015

Annual Tax Amount $5,783

Tax Year 2026

Lot Size 1,231 Sqft

Acres 0.03

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

This 11 year old constructed property is a fully occupied 9 bedroom duplex with both units leased for $3,255 per month on a M to M basis. Both units are rented out at under market rent, giving the units great upside to any investor interested in purchasing the building. The property is located just a few blocks from the Temple University main campus surrounded by new student development. The property features a full rear yard and roof deck, which allows it to command a premium over market rents. The building consists of a lower 4 bedroom bi-level unit and an upper 5 bedroom bi-level unit, each with access to a private outdoor space. Both units also come with an almost 1 to 1 of bed to bathroom ratio, making this ideal for leasing. The building includes a roof deck which is very unique for student rental properties at Temple University. The property is located on a popular student block, with several multi-family projects just completed and additional projects on the way. With increased demand for new construction inventory in the immediate area, this offering presents the opportunity to acquire a unique student development in a rapidly appreciating market with the ability to increase rent over time.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Basement Fully Finished

Main Level Bedrooms 9

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility Level Entry - Main

Garage N

Private Pool No

Building

Story 3

Foundation Other

Above Ground Finished SqFt 2565

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories 3

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Senior Community No

Tax ID 321239900

Ownership Fee Simple

SqFt Source 2565

Special Listing Condition Standard

NEARBY SCHOOLS & PROPERTIES

“Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(301) 908-6187

evan@revolhomes.com

1933 N GRATZ ST Philadelphia, PA 19121