Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1912
Sq.Footage
N/A
Looking for an excellent investment opportunity? This turn-key property is a student housing building located adjacent to Temple University's campus, featuring 15 units with a total of 53 beds. The current occupancy rate exceeds 60%, leaving a tremendous upside value add for an ambitious operator. Built in 1912, the 21,205-square-foot building was fully renovated in 2019 and is presently occupied by the Pi Lambda Phi fraternity. It combines timeless architecture with modern systems and amenities. Security doors, an access control intercom system, and security cameras are installed and operational. The building also offers on-site laundry facilities. Situated next to Temple University's campus and along Philadelphia's iconic Broad Street, just about two miles from Center City, this property is highly desirable and offers significant long-term appreciation potential. Qualified investors can seize this opportunity to acquire real estate in an unmatched location that features exceptional craftsmanship and classic architecture, paired with all the modern amenities demanded by today's market. Further information is available upon request.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.27
-
Property Type
Commercial Sale
Price
-
Sales Price
$2,400,000
-
Tax Amount
8011.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Private Sewer
-
Tax Lot
146
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of William H. Lublin , Century 21 Advantage Gold-Southampton
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.

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