UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,550 sqft
Price per Sqft $156
Subdivision Temple University
MLS Listing ID PAPH2638432
Style Traditional
Abv Grd Liv Area 2,550
Year Built 2011
Annual Tax Amount $8,729
Tax Year 2026
Lot Size 1,307 Sqft
Acres 0.03
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Currently generating $40,800 in annual gross rental income, with leases already in place that will increase annual income to $44,200 beginning August 2026, this income-producing asset is an outstanding opportunity for investors seeking stable returns and dependable cash flow.
The property consists of two spacious student housing units totaling 9 bedrooms and 5 bathrooms:
Unit 1: 4 bed / 2 bath Current Rent $1500 Future Rent Starting August 1st $1600 Unit 2: 5 bed / 3 bath Current Rent $1900 Future Rent Starting August 1st $2000
A standout feature is the property's private roof deck, a highly sought-after amenity in the Temple University rental market that enhances tenant appeal, supports strong leasing performance, and helps drive rental growth.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Basement Fully Finished
Interior
Hot Water 60+ Gallon Tank
Heating Forced Air
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Block
Above Ground Finished SqFt 2550
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 321247300
Ownership Fee Simple
SqFt Source 2550
Special Listing Condition Standard
Nearby School & Business
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