Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1920
Sq.Footage
2,188
Phenomenal Investment Opportunity! This income-producing duplex is located only two blocks from Temple University Main Campus, directly across the street from the police station! This well-maintained property offers one 2 bedroom 1 bathroom unit on the first floor and one bi-level 5 bedroom 2 bathroom unit on the second and third floors. The units feature beautiful hardwood floors, shaker cabinetry, tiled bathrooms with tub shower combo, and a non-coin operated washer/dryer in each unit. The bedrooms in both units have built-in closets, ceiling fans, and ample study space. The lower unit has a rear outdoor patio, which is a hot commodity among the students, perfect for entertaining friends or enjoying the fresh air. There is a full unfinished basement with a laundry area and tons of storage space. Both units are fully leased for the 2025-2026 school year (until July 2026)! This property's rental history is superb and has been student-occupied year after year, even during the height of COVID. Tenants tend to stay long term and each unit practically rents itself every year due to the safety of the police station across the street as well as its centrally located position just off of Montgomery Ave, which cuts directly through the heart of Temple's campus. The gross annual income for the 2025-2026 school year is $50,000. This building is a cash flow machine and will be a great addition to any investor's portfolio!
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Ceiling Fan(s), Recessed Lighting, Built-in Features, Crown Molding, Open Floorplan
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
2188.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s), Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick Veneer, Brick
-
Parking
On Street
-
Patio and Porch Features
Patio
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.02
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Straight Thru
Price
-
Sales Price
$449,900
-
Tax Amount
6687.0
-
Sq. Footage
2, 188
-
Price/SqFt
$205
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Concrete Perimeter
-
Sewer
Public Sewer
-
Tax Lot
191
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Shujun Liu , RE/MAX Plus
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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