Investor Alert! Go and show - Exceptional opportunity to acquire an 8-bedroom, 2-bath student housing property in one of Temple University's most established off-campus rental markets, currently vacant and immediately available, giving the next owner a clean slate to lease at current market rents or move forward with redevelopment plans… Read More without waiting on an existing lease term. The property has historically generated $52,800 in annual gross rental income, reflecting strong, proven demand in this corridor. With no tenant in place, an investor has full flexibility to re-lease at today's market rates, renovate, or pursue the property's value-add zoning potential right away. Located just steps from Temple University's main campus and within the Temple University Patrol Zone, the property benefits from one of Philadelphia's strongest student housing corridors, known for consistent tenant demand and long-term rental stability. A standout feature of this investment is its RM-1 zoning, allowing up to six units by right (subject to buyer due diligence), creating significant long-term value-add potential for future redevelopment or reconfiguration - an opportunity made easier by the property's current vacant status. 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
8
Full Baths
3
Square Ft.
2,784
Lot Size
0.04 Acres
Year Built
1915
MLS Number
PAPH2665182
Additional Details
Basement
Unfinished
Building
Built in 1915, Living area: 2784, Levels: 3, Construction Materials: Masonry
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