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Melony Hughes

melonywh@gmail.com +1(412) 512-0180

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 Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(412) 512-0180

melonywh@gmail.com

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1933 N GRATZ ST Philadelphia, PA 19121