UPDATED:
12/10/2024 08:34 PM
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Under Contract
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $109
Subdivision Philadelphia (North)
MLS Listing ID PAPH2407622
Style Other
Abv Grd Liv Area 4,800
Originating Board BRIGHT
Year Built 2010
Annual Tax Amount $48
Tax Year 2024
Lot Size 1,728 Sqft
Acres 0.04
Property Description
Prime Investment Opportunity Near Temple University!
Discover this exceptional triplex multi-unit property in the vibrant Temple University area of Philadelphia. Fully leased and generating $5,025 in monthly income, this well-maintained building offers immediate, reliable cash flow through end of July 2025.
**Property Highlights:**
- Triplex
- Unit Mix: Two spacious 3-bedroom, 2-bath apartments & One 5-bedroom, 3-bath apartment
- Rental Income: $5,025 per month ($60,300 annually)
- Lease Terms: Fully leased through end of July 2025, providing stable occupancy
- Condition: Well-maintained with recent updates, attracting quality tenants
- Location: Prime proximity to Temple University, in high demand for student and other high quality rentals
**Investment Benefits:**
- Immediate Income: Proven rental history and dependable cash flow
- Desirable Location: Popular area with strong tenant demand
- Growth Potential: Located in a neighborhood with ongoing development and rising property values
- Turnkey Investment: Minimal maintenance, long-term tenants already secured
This is a rare opportunity to acquire a fully leased, turnkey property in one of Philadelphia's hottest rental markets. Whether expanding your portfolio or starting out, this property promises strong returns and long-term growth potential.
**Schedule your showing today to explore this outstanding investment!**
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning R 10
Rooms
Basement Full
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 321228300
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
