Investor Alert! 24-hour notice required for all showings. Currently operating as a 7-bedroom, 2.5-bath student rental, the property generates $4,900 per month ($58,800 gross annual income) and is fully leased through July 2027, providing investors with stable, predictable returns from day one. With an NOI of $45,087.41, this property is… Read More offered at nearly a 10% cap rate - an exceptional return profile for a fully leased, stabilized asset in this market. This property is a legal four-unit rooming house with grandfathered zoning rights, making it a 4-unit building by right. This designation creates significant future value-add potential for the next owner, subject to buyer due diligence. The property benefits from its premier location just steps from Temple University's main campus, positioned in the heart of the university's most desirable off-campus housing district and within the campus patrol zone. The property also features a private roof deck, one of the most sought-after amenities in the Temple University rental market. Roof decks continue to command strong tenant interest and help differentiate properties from competing inventory, supporting long-term rentability and occupancy. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2665118, PAPH2665128, PAPH2665158, PAPH2665168, PAPH2665172, PAPH2665174, PAPH2665178, PAPH2665182, PAPH2665180, PAPH2665184, PAPH2665188, PAPH2665192, PAPH2665196, PAPH2665198 and PAPH2665206 Read Less
Courtesy of Danielle Redenbaugh, BHHS Fox & Roach-Center City Walnut 215-627-6005
Listing Snapshot
Days Online
21
Last Updated
Property Type
Townhouse
Beds
7
Full Baths
2
Partial Baths
1
Square Ft.
2,784
Lot Size
0.04 Acres
Year Built
1915
MLS Number
PAPH2665174
Additional Details
Basement
Unfinished
Building
Built in 1915, Built in 2023 (effective), Living area: 2784, Levels: 3, Construction Materials: Masonry
Cooling
Central A/C
Accessibility Features
None
Foundation
Block
Heating
Forced Air
Lot
0.04 acres
Property
Other structures: Above Grade, Below Grade
Sewer
Public Septic
Taxes
Annual Amount: $4,186, Lot: 296, Year: 2026, Zoning: RM1, Zoning description: Grandfathered 4-unit rooming house. Buyer responsible for confirming all future use and development plans.
Utilities
Water Source: Public
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