UPDATED:
11/26/2024 05:07 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,484 sqft
Price per Sqft $168
MLS Listing ID PAPH2405584
Style Straight Thru
Abv Grd Liv Area 2,484
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $5,930
Tax Year 2024
Lot Size 1,656 Sqft
Acres 0.04
Lot Dimensions 17.00 x 96.00
Property Description
Prime Investment Opportunity Near Temple University!
Discover this exceptional multi-unit property in the vibrant Temple University area of Philadelphia. Fully leased and generating $3,850 in monthly income, this well-maintained building offers immediate, reliable cash flow through end of July 2025.
Property Highlights:
- Unit Mix: Three spacious 3-bedroom, 1-bath apartments
- Rental Income: $3,850 per month ($46,200 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 rental prospects
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 RM1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 321226400
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Nathan Labish
Real Estate Agent | License ID: 0225271116
Real Estate Agent License ID: 0225271116