Description
$45,600 gross annual income – fully leased!
prime investment opportunity near temple university!
welcome to this outstanding multi-unit property, perfectly positioned in the thriving temple university area of philadelphia. this well-maintained building offers two fully leased units, generating an incredible monthly income of $3,800. with leases secured through july 31, 2025, investors can enjoy immediate and reliable cash flow.
property highlights:
- unit mix: two spacious 4-bedroom, 2-bath apartments
- current rental income: $3,800 per month ($45,600 annually)
- lease terms: fully leased through july 2025, ensuring stable occupancy and consistent income
- condition: well-maintained and updated, appealing to high-quality tenants
- location: prime proximity to temple university, a high-demand area for student and professional rentals
investment benefits:
- immediate income: established rental history with dependable cash flow
- desirable location: high demand from students and other prospective tenants in a vibrant, growing area
- future growth potential: situated in a neighborhood with ongoing development and property value appreciation
- turnkey investment: minimal maintenance required, with long-term tenants already in place
this is a rare opportunity to acquire a fully leased, turnkey investment property in one of philadelphia’s hottest rental markets. whether you're expanding your portfolio or just starting out, this property offers a strong return and significant long-term potential.
schedule a showing today and explore this exciting investment opportunity!
Property Type
Multi-FamilyCounty
PHILADELPHIAStyle
Straight ThruAD ID
47115634
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Basement Description: Full
Heating & Cooling
- Cooling: Central A/C
- Heating: Forced Air
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 2010
- Structure: End of Row/Townhouse
- New Construction: No
- Total Units: 2
- Built: 2010
- Construction Material: Masonry
- Foundation/Basement: Concrete Perimeter
- Architecture: Straight Thru
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 1,536
- Dimensions: 16.00 x 96.00
- Lot Size (Acres): 0.04
- Architectural Style: Straight Thru
- Main Square Feet: 1,536
Property Information
- SQ ft: 3,411
- SQ ft (Living Area): 3,411
- Total Lot SQ ft: 1,536
- Appx. Lot Dimensions: 16.00 x 96.00
- Total Acreage: 0.04
- New Construction: No
- Type: Straight Thru
-
Listing Information
Listing Information
- Possession: Negotiable
- Days Of Market: 51
-
Taxes / Assessments
Tax Information
- Annual Tax: $7,838
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Negotiable
Assessment Information
- Taxes Assessment Amount: $560,000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: On Street
Homeowners Association Information
- Direction: Rt.95 N. to Callowhill St., R on N. Broad St. , L on W. Oxford St. , R on N. 18th. St.
-
School, Utilities & Location Details
School Information
- School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
Location Information
- Direction: Rt.95 N. to Callowhill St., R on N. Broad St. , L on W. Oxford St. , R on N. 18th. St.
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Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2020 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.
BuyOwner last updated this listing 12/04/2024 @ 03:24
- MLS: PAPH2405544
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 3,411 sqft, 1,536 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of PHILADELPHIA , in zip code 19121, this PHILADELPHIA County Other and are nearby neighborhoods.