3,300 SqFt
3,300 SqFt
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 3,300 sqft
Price per Sqft $181
Subdivision Temple University
MLS Listing ID PAPH2676294
Style Unit/Flat
Abv Grd Liv Area 3,300
Year Built 2012
Annual Tax Amount $7,402
Tax Year 2026
Lot Size 1,400 Sqft
Acres 0.03
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Incredible investment opportunity boasting a 9.5+ Cap Rate potential! Located just blocks from Temple University's main campus, this newer-construction, brick-front legal 3-unit property offers massive cash flow, proven rental history, and incredible value-add upside. The property is being delivered 100% vacant, providing immediate flexibility for an investor to set top-of-the-market rents, pick their own tenants, or for an owner-occupant to house-hack.
Unit Layout & Income Breakdown ($80,400 Historical Gross Annual Income)
Unit A (1st Floor): 3 Beds / 1.5 Baths | Spacious living area, full kitchen, and exclusive access to the private rear backyard. (Previous Rent: $2,100/mo)
Unit B (2nd Floor): 3 Beds / 1.5 Baths | Independent floor plan with dedicated living space and full kitchen. (Previous Rent: $2,300/mo)
Unit C (3rd Floor): 3 Beds / 2 Baths | Top-floor apartment featuring strong natural light and two full bathrooms. (Previous Rent: $2,300/mo)
Massive Value-Add Basement / Bonus Space
Lower Level: The basement features a full 4th-unit layout, configured as a 1-bedroom apartment. It is currently being utilized as massive shared tenant storage and houses the common laundry facility (equipped with 2 washers and 2 dryers). This presents an incredible value-add opportunity for future expansion or additional income!
Building Features & Mechanicals
Finishes: Kitchens feature granite countertops, tiled floors, and full appliance packages. Durable, low-maintenance laminate flooring throughout living areas and bedrooms; fully tiled bathrooms in every unit.
HVAC & Utilities: Central heating and A/C units for year-round climate control in every unit. Unit A is individually metered; Units B and C operate on a shared utility setup. All units are pre-wired for high-speed internet and cable.
Location: Unbeatable, high-demand location steps from Temple University campus, SEPTA public transit lines, and local campus retail and eateries.
With a proven gross income of $6,700/month, highly sought-after 3-bedroom layouts, and a massive bonus footprint in the basement, this turnkey asset is primed to deliver a highly lucrative 9.5+% Cap Rate. Schedule your showing today!
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Basement Partially Finished
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Equipment Built-In Microwave, Built-In Range, Dryer, Freezer, Oven - Single, Refrigerator, Stove, Washer
Appliance Built-In Microwave, Built-In Range, Dryer, Freezer, Oven - Single, Refrigerator, Stove, Washer
Heat Source Natural Gas
Laundry Basement
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Foundation Brick/Mortar
Above Ground Finished SqFt 3300
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 472032150
Ownership Fee Simple
SqFt Source 3300
Acceptable Financing Conventional, FHA, VA, Cash
Listing Terms Conventional, FHA, VA, Cash
Financing Conventional,FHA,VA,Cash
Special Listing Condition Standard
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