$370,000
$399,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
1,902 SqFt
SOLD DATE : 01/12/2023
Key Details
Sold Price $370,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,902 sqft
Price per Sqft $194
Subdivision Temple University
MLS Listing ID PAPH2141788
Sold Date 01/12/23
Style Straight Thru
Abv Grd Liv Area 1,902
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $6,594
Tax Year 2023
Lot Size 1,034 Sqft
Acres 0.02
Lot Dimensions 14.00 x 74.00
Property Description
For Investors or Parents of students at Temple University! Great income generating investment opportunity ($50k/year) near Temple University Main Campus. Parents of students can enable their child to live for FREE and use rent from other rooms to pay for their child's tuition!!! This 2-unit 7 bed/3 bath building is just 1 block from the center of campus and directly in front of the police station. This location is a convenient 5 min walk to campus and very popular for TU students.
The building has two apartments with central AC and heat, new water heaters, and LVT flooring. The lower unit is a large 2-bedroom unit with kitchen and one bath, patio in the back, and brand new AC just installed in Jun 2022. There is a large backyard with space for grilling and entertaining. Rents for $1200/month. Has new stove (2018) and dishwasher (2022). The basement has plenty of storage and laundry units. Water heaters for both units are in the basement.
The upper unit is a 5-bedroom unit with kitchen, living area, and two bathrooms. 3 of the bedrooms are on the 3rd floor with one bathroom, and the other two are on the 2nd floor. Bathrooms and kitchen renovated in 2018 with granite countertops and new appliances. Bedrooms are being rented for $525/room. Tenants pay for gas and electric. This is a great addition to your Student Housing portfolio. Schedule an appointment today!
Location
State PA
County Philadelphia
Area 19101 (19101)
Zoning RM1
Rooms
Basement Full
Interior
Interior Features Ceiling Fan(s), Kitchen - Eat-In, Stall Shower, Upgraded Countertops, Wood Floors, Sprinkler System
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Hardwood
Equipment Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Washer
Appliance Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Washer
Heat Source Natural Gas
Exterior
Exterior Feature Enclosed
Waterfront N
Water Access N
Accessibility None
Porch Enclosed
Garage N
Building
Foundation Brick/Mortar
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 471236400
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Martin Rodriguez • KW Philly
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "